Russell Investments Group Ltd. Purchases 90,186 Shares of Veralto Corporation $VLTO

Russell Investments Group Ltd. raised its position in Veralto Corporation (NYSE:VLTO) by 20.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 525,304 shares of the company’s stock after purchasing an additional 90,186 shares during the quarter. Russell Investments Group Ltd. owned 0.21% of Veralto worth $55,951,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Schroder Investment Management Group boosted its position in shares of Veralto by 15.2% during the third quarter. Schroder Investment Management Group now owns 768,265 shares of the company’s stock worth $81,905,000 after buying an additional 101,421 shares during the period. Private Advisor Group LLC lifted its stake in Veralto by 0.7% in the 3rd quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock valued at $1,682,000 after acquiring an additional 109 shares in the last quarter. B. Metzler seel. Sohn & Co. AG lifted its stake in Veralto by 38.4% in the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 37,432 shares of the company’s stock valued at $3,991,000 after acquiring an additional 10,392 shares in the last quarter. Rathbones Group PLC boosted its position in Veralto by 88.7% during the 3rd quarter. Rathbones Group PLC now owns 56,951 shares of the company’s stock worth $6,072,000 after acquiring an additional 26,776 shares during the last quarter. Finally, Goodman Advisory Group LLC bought a new position in shares of Veralto during the 3rd quarter worth approximately $29,000. 91.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VLTO has been the topic of a number of recent research reports. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Royal Bank Of Canada decreased their target price on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a research report on Thursday, February 5th. Citigroup lowered their price target on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. UBS Group set a $102.00 price target on shares of Veralto and gave the stock a “neutral” rating in a research report on Friday, February 6th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Veralto in a research note on Wednesday, February 4th. Five investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Veralto presently has an average rating of “Hold” and an average target price of $108.22.

Veralto Price Performance

NYSE:VLTO opened at $91.72 on Wednesday. The stock has a market capitalization of $22.73 billion, a PE ratio of 24.46, a P/E/G ratio of 2.66 and a beta of 0.89. Veralto Corporation has a 1-year low of $83.86 and a 1-year high of $110.11. The firm has a fifty day simple moving average of $97.24 and a 200 day simple moving average of $100.78. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.06. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. During the same period in the prior year, the firm posted $0.95 earnings per share. The company’s quarterly revenue 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. On average, research analysts expect that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Dividend Announcement

The company also recently announced 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. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Veralto’s dividend payout ratio is presently 13.87%.

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.