ABN AMRO Bank N.V. Raises Position in Veralto Corporation $VLTO

Key Points

• ABN AMRO Bank N.V. increased its Veralto stake by 46.3% in the fourth quarter, buying 83,508 additional shares and bringing its total holding to 263,892 shares worth about $26.24 million.
• Veralto recently reported strong quarterly results, posting EPS of $1.07 versus the $1.02 estimate and revenue of $1.42 billion, while raising guidance and projecting FY 2026 EPS of $4.20 to $4.28.
• Wall Street’s view remains mixed, with analysts maintaining a Hold consensus and an average price target of $105.88, even as the stock trades near its 12-month low of $84.99.

ABN AMRO Bank N.V. lifted its stake in Veralto Corporation (NYSE:VLTO - Free Report) by 46.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 263,892 shares of the company's stock after acquiring an additional 83,508 shares during the quarter. ABN AMRO Bank N.V. owned 0.11% of Veralto worth $26,240,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in shares of Veralto in the fourth quarter worth approximately $25,000. Root Financial Partners LLC bought a new stake in shares of Veralto in the third quarter worth approximately $27,000. Goodman Advisory Group LLC bought a new stake in shares of Veralto in the third quarter worth approximately $29,000. Board of the Pension Protection Fund bought a new stake in shares of Veralto in the fourth quarter worth approximately $30,000. Finally, Creative Capital Management Investments LLC grew its stake in shares of Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company's stock worth $34,000 after acquiring an additional 107 shares during the period. 91.28% of the stock is currently owned by institutional investors.

Veralto Stock Performance

Shares of NYSE VLTO opened at $86.89 on Monday. The firm has a 50 day moving average of $90.25 and a 200 day moving average of $96.12. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $21.34 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 2.45 and a beta of 0.77. Veralto Corporation has a 12-month low of $84.99 and a 12-month high of $110.11.

Veralto (NYSE:VLTO - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period in the previous year, the business posted $0.95 earnings per share. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, research analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto's payout ratio is currently 13.44%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on VLTO shares. Robert W. Baird set a $103.00 price target on shares of Veralto in a research note on Thursday, April 30th. Citigroup cut their target price on shares of Veralto from $104.00 to $102.00 and set a "neutral" rating for the company in a research report on Thursday, April 30th. Jefferies Financial Group assumed coverage on shares of Veralto in a research report on Tuesday, March 31st. They set a "buy" rating and a $110.00 target price for the company. Stifel Nicolaus cut their target price on shares of Veralto from $118.00 to $110.00 and set a "buy" rating for the company in a research report on Tuesday, April 14th. Finally, UBS Group boosted their target price on shares of Veralto from $99.00 to $101.00 and gave the company a "neutral" rating in a research report on Friday, May 1st. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $105.88.

Veralto Company Profile

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. This segment provides water solutions, including chemical reagents, services, and digital solutions.

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