Veralto Corporation $VLTO Shares Bought by Danske Bank A S

Key Points

• Danske Bank A/S increased its stake in Veralto by 18.8% in the fourth quarter, adding 31,070 shares to hold 196,159 shares worth about $19.57 million (roughly 0.08% of the company).
• Veralto beat quarterly expectations, reporting $1.07 EPS versus $1.02 expected and $1.42 billion in revenue versus $1.40 billion, and set FY2026 guidance of 4.200–4.280 EPS (analysts forecast ~4.23 EPS for the year).
• The stock has a market cap of $21.53 billion and a P/E of 22.65, pays a $0.52 annual dividend (yield ~0.6%), and carries an average analyst sentiment of "Moderate Buy" with an average price target of $106.33.

Danske Bank A S grew its stake in shares of Veralto Corporation (NYSE:VLTO - Free Report) by 18.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 196,159 shares of the company's stock after purchasing an additional 31,070 shares during the quarter. Danske Bank A S owned approximately 0.08% of Veralto worth $19,573,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VLTO. Laurel Wealth Advisors LLC acquired a new stake in Veralto during the fourth quarter worth approximately $25,000. Root Financial Partners LLC acquired a new stake in Veralto during the third quarter worth approximately $27,000. Goodman Advisory Group LLC acquired a new stake in Veralto during the third quarter worth approximately $29,000. Board of the Pension Protection Fund acquired a new stake in Veralto during the fourth quarter worth approximately $30,000. Finally, Creative Capital Management Investments LLC raised its holdings in Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company's stock worth $34,000 after purchasing an additional 107 shares in the last quarter. Institutional investors and hedge funds own 91.28% of the company's stock.

Veralto Stock Performance

Shares of Veralto stock opened at $87.65 on Friday. The firm's fifty day simple moving average is $90.55 and its 200-day simple moving average is $96.46. The stock has a market capitalization of $21.53 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 2.47 and a beta of 0.77. Veralto Corporation has a 12 month low of $84.99 and a 12 month high of $110.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.52.

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

Veralto Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, March 31st. Veralto's dividend payout ratio (DPR) is 13.44%.

Analysts Set New Price Targets

VLTO has been the topic of a number of research analyst reports. Barclays cut their price objective on shares of Veralto from $117.00 to $113.00 and set an "overweight" rating on the stock in a report on Thursday. Stifel Nicolaus cut their price objective on shares of Veralto from $118.00 to $110.00 and set a "buy" rating on the stock in a report on Tuesday, April 14th. Jefferies Financial Group started coverage on shares of Veralto in a report on Tuesday, March 31st. They issued a "buy" rating and a $110.00 target price on the stock. Robert W. Baird set a $103.00 target price on shares of Veralto in a report on Thursday. Finally, BMO Capital Markets reaffirmed an "outperform" rating on shares of Veralto in a report on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $106.33.

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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