Veralto Corporation (VLTO) To Go Ex-Dividend on September 30th

Veralto Corporation (NYSE:VLTO) declared a quarterly dividend on Tuesday, September 22nd. Stockholders of record on Wednesday, September 30th will be given a dividend of 0.13 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, September 30th.

Veralto has a dividend payout ratio of 13.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Veralto to earn $4.76 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 10.9%.

Veralto Trading Up 1.4%

Shares of VLTO traded up $1.38 during mid-day trading on Thursday, reaching $97.26. The company’s stock had a trading volume of 405,655 shares, compared to its average volume of 1,982,108. The company’s fifty day moving average price is $96.18 and its two-hundred day moving average price is $90.86. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.86. Veralto has a 52 week low of $80.03 and a 52 week high of $107.90. The stock has a market cap of $23.71 billion, a PE ratio of 24.56, a P/E/G ratio of 2.72 and a beta of 0.60.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. The business’s revenue was up 7.5% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. On average, analysts predict that Veralto will post 4.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Citigroup boosted their price objective on shares of Veralto from $102.00 to $107.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Royal Bank Of Canada upped their price objective on Veralto from $100.00 to $109.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Veralto in a report on Monday. UBS Group raised their price target on Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $125.00 price target on shares of Veralto in a research report on Tuesday, September 15th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $112.50.

About Veralto

Veralto Corporation (NYSE: VLTO) is a global provider of technology, equipment, software and services focused on water quality and product quality. The company serves municipal, industrial, commercial and consumer markets, helping customers monitor and manage water systems while improving the production, packaging and identification of products.

Veralto operates through two primary segments. Its Water Quality businesses provide water analytics, testing and monitoring systems, treatment technologies, flow measurement equipment and related software and services.