Meiji Yasuda Life Insurance Co Invests $704,000 in Veralto Corporation $VLTO

Meiji Yasuda Life Insurance Co acquired a new stake in Veralto Corporation (NYSE:VLTO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,600 shares of the company’s stock, valued at approximately $704,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC purchased a new position in Veralto during the 3rd quarter valued at about $27,000. Loomis Sayles & Co. L P purchased a new stake in Veralto during the second quarter worth about $28,000. True Wealth Design LLC lifted its position in shares of Veralto by 852.9% during the third quarter. True Wealth Design LLC now owns 324 shares of the company’s stock worth $35,000 after purchasing an additional 290 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Veralto in the second quarter valued at approximately $44,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Veralto in the second quarter valued at approximately $50,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

Veralto stock opened at $94.41 on Monday. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64. The company has a fifty day simple moving average of $97.58 and a 200-day simple moving average of $101.01. The stock has a market cap of $23.40 billion, a P/E ratio of 25.18, a price-to-earnings-growth ratio of 2.67 and a beta of 0.89. Veralto Corporation has a 12-month low of $83.86 and a 12-month high of $110.11.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.98 by $0.06. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the company posted $0.95 earnings per share. Veralto’s revenue for the quarter was up 3.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. Equities analysts expect that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be issued a $0.13 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s dividend payout ratio is presently 13.87%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Barclays reaffirmed an “overweight” rating and set a $117.00 target price on shares of Veralto in a research note on Thursday, February 5th. Weiss Ratings downgraded shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Citigroup cut their price objective on Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Jefferies Financial Group reiterated a “hold” rating on shares of Veralto in a research note on Wednesday, February 4th. Finally, UBS Group set a $102.00 target price on Veralto and gave the stock a “neutral” rating in a research note on Friday, February 6th. Five research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $108.22.

Veralto 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.