MQS Management LLC Makes New $629,000 Investment in Veralto Corporation $VLTO

MQS Management LLC acquired a new position in Veralto Corporation (NYSE:VLTO) during the first quarter, HoldingsChannel reports. The firm acquired 7,113 shares of the company’s stock, valued at approximately $629,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new stake in shares of Veralto during the 4th quarter worth about $25,000. Goodman Advisory Group LLC acquired a new stake in Veralto during the 3rd quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after buying an additional 129 shares during the period. Board of the Pension Protection Fund acquired a new position in Veralto during the fourth quarter valued at approximately $30,000. Finally, Creative Capital Management Investments LLC lifted its position in Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after buying an additional 107 shares in the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

Veralto Stock Up 0.4%

Shares of NYSE:VLTO opened at $88.71 on Wednesday. The company has a market capitalization of $21.79 billion, a price-to-earnings ratio of 22.92, a price-to-earnings-growth ratio of 2.49 and a beta of 0.69. The company has a 50 day moving average of $86.02 and a two-hundred day moving average of $92.06. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, topping 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 business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.95 earnings per share. 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, analysts forecast that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a $0.13 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s payout ratio is currently 13.44%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. UBS Group lifted their target price on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Stifel Nicolaus decreased their price target 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. Citigroup lowered their price target on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Finally, Royal Bank Of Canada raised their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Veralto currently has an average rating of “Hold” and an average price target of $105.88.

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.