Veralto (VLTO) Projected to Post Earnings on Thursday

Veralto (NYSE:VLTO - Get Free Report) is anticipated to announce its Q2 2025 earnings results after the market closes on Thursday, July 24th. Analysts expect the company to announce earnings of $0.89 per share and revenue of $1.34 billion for the quarter. Veralto has set its FY 2025 guidance at 3.600-3.700 EPS and its Q2 2025 guidance at 0.840-0.880 EPS.

Veralto (NYSE:VLTO - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.08. Veralto had a return on equity of 45.63% and a net margin of 16.56%. The company had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.28 billion. During the same quarter in the previous year, the firm earned $0.84 earnings per share. The business's quarterly revenue was up 6.9% compared to the same quarter last year. On average, analysts expect Veralto to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Veralto Stock Up 2.5%

Shares of NYSE:VLTO traded up $2.48 on Thursday, reaching $102.99. The company had a trading volume of 1,155,377 shares, compared to its average volume of 1,400,696. Veralto has a twelve month low of $83.87 and a twelve month high of $115.00. The company has a quick ratio of 1.92, a current ratio of 2.19 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $25.53 billion, a P/E ratio of 29.43, a P/E/G ratio of 4.04 and a beta of 0.91. The stock has a 50-day moving average price of $100.37 and a 200 day moving average price of $98.43.

Veralto Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.44 annualized dividend and a dividend yield of 0.43%. Veralto's dividend payout ratio is presently 12.57%.

Insider Transactions at Veralto

In other Veralto news, SVP Mattias Bystrom sold 2,500 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $99.96, for a total value of $249,900.00. Following the completion of the transaction, the senior vice president owned 32,430 shares of the company's stock, valued at $3,241,702.80. This represents a 7.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jennifer Honeycutt sold 10,418 shares of the company's stock in a transaction that occurred on Wednesday, April 30th. The shares were sold at an average price of $95.00, for a total value of $989,710.00. Following the completion of the sale, the chief executive officer owned 106,219 shares in the company, valued at approximately $10,090,805. This represents a 8.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,913 shares of company stock worth $4,339,370. 0.36% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Veralto

Several large investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. grew its stake in shares of Veralto by 102.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company's stock valued at $81,000 after purchasing an additional 421 shares during the period. Empowered Funds LLC grew its stake in shares of Veralto by 20.4% in the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company's stock valued at $443,000 after purchasing an additional 770 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Veralto by 5.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company's stock valued at $2,529,000 after purchasing an additional 1,306 shares during the period. Finally, Brighton Jones LLC grew its stake in shares of Veralto by 16.1% in the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company's stock valued at $352,000 after purchasing an additional 479 shares during the period. 91.28% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Royal Bank Of Canada boosted their price objective on Veralto from $103.00 to $104.00 and gave the stock a "sector perform" rating in a research report on Thursday, May 1st. Northcoast Research assumed coverage on Veralto in a research report on Tuesday, May 6th. They set a "buy" rating and a $110.00 price objective for the company. Robert W. Baird boosted their price objective on Veralto from $105.00 to $106.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Stifel Nicolaus boosted their price objective on Veralto from $102.00 to $104.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Finally, Citigroup cut their price objective on Veralto from $116.00 to $100.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Veralto currently has a consensus rating of "Hold" and an average price target of $110.09.

About Veralto

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.