NBW Capital LLC Grows Stock Holdings in Veralto Corporation $VLTO

NBW Capital LLC raised its holdings in shares of Veralto Corporation (NYSE:VLTO) by 9.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,629 shares of the company’s stock after acquiring an additional 2,948 shares during the quarter. NBW Capital LLC’s holdings in Veralto were worth $3,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in VLTO. Harbor Asset Planning Inc. bought a new stake in shares of Veralto during the 2nd quarter valued at $26,000. Loomis Sayles & Co. L P purchased a new position in Veralto during the 2nd quarter valued at about $28,000. Truvestments Capital LLC grew its holdings in Veralto by 148.5% during the 1st quarter. Truvestments Capital LLC now owns 328 shares of the company’s stock valued at $32,000 after buying an additional 196 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Veralto during the second quarter valued at about $50,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Veralto in the second quarter worth about $51,000. 91.28% of the stock is owned by institutional investors.

Veralto Trading Down 0.2%

NYSE VLTO opened at $100.97 on Tuesday. The company has a quick ratio of 1.40, a current ratio of 1.57 and a debt-to-equity ratio of 0.69. The stock’s 50-day simple moving average is $101.84 and its two-hundred day simple moving average is $102.92. Veralto Corporation has a twelve month low of $83.86 and a twelve month high of $110.11. The company has a market capitalization of $25.07 billion, a price-to-earnings ratio of 27.66, a PEG ratio of 3.16 and a beta of 0.87.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.04. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a return on equity of 38.69% and a net margin of 16.75%.The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.89 EPS. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS. Q4 2025 guidance at 0.950-0.980 EPS. Research analysts forecast that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.44 annualized dividend and a dividend yield of 0.4%. Veralto’s dividend payout ratio (DPR) is 12.05%.

Analysts Set New Price Targets

VLTO has been the subject of several recent analyst reports. UBS Group boosted their price objective on shares of Veralto from $110.00 to $112.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Raymond James Financial assumed coverage on shares of Veralto in a research report on Tuesday, August 26th. They set a “market perform” rating for the company. Citigroup lowered their price objective on Veralto from $112.00 to $111.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. BMO Capital Markets dropped their price objective on Veralto from $123.00 to $114.00 and set an “outperform” rating for the company in a research note on Tuesday, November 25th. Finally, Weiss Ratings upgraded Veralto from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Veralto currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.11.

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.