Veralto Corporation $VLTO Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its holdings in shares of Veralto Corporation (NYSE:VLTO) by 82.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 130,048 shares of the company’s stock after acquiring an additional 58,908 shares during the quarter. Handelsbanken Fonder AB owned about 0.05% of Veralto worth $13,864,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in VLTO. Brighton Jones LLC raised its position in Veralto by 16.1% in the fourth 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Veralto by 5.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after buying an additional 1,306 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Veralto by 20.4% during the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after buying an additional 770 shares during the period. Geneos Wealth Management Inc. lifted its position in Veralto by 102.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after acquiring an additional 421 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in Veralto in the 2nd quarter worth approximately $201,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Veralto Trading Down 0.7%

NYSE:VLTO opened at $97.33 on Monday. The company has a market cap of $24.12 billion, a PE ratio of 25.95, a P/E/G ratio of 2.76 and a beta of 0.89. The business’s 50 day moving average is $98.25 and its two-hundred day moving average is $101.44. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64. Veralto Corporation has a 52 week low of $83.86 and a 52 week high of $110.11.

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, beating the consensus estimate of $0.98 by $0.06. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The business’s revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.95 EPS. 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, analysts predict that Veralto Corporation will post 3.66 EPS for the current year.

Veralto Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Veralto’s previous quarterly dividend of $0.11. Veralto’s payout ratio is currently 13.87%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on VLTO shares. Stifel Nicolaus set a $118.00 price objective on shares of Veralto in a research note on Thursday, February 5th. Citigroup dropped 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. Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. Royal Bank Of Canada lowered their target price on Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. 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 a consensus rating of “Hold” and a consensus 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.