Veralto (NYSE:VLTO) Sets New 1-Year Low – What’s Next?

Veralto Corporation (NYSE:VLTO) hit a new 52-week low during trading on Friday . The company traded as low as $84.80 and last traded at $84.7630, with a volume of 1281144 shares changing hands. The stock had previously closed at $85.27.

Wall Street Analysts Forecast Growth

VLTO has been the topic of a number of research reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Royal Bank Of Canada upped their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Robert W. Baird set a $103.00 price objective on Veralto in a report on Thursday, April 30th. Barclays cut their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Finally, Stifel Nicolaus cut their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $105.88.

Veralto Trading Down 0.6%

The business has a 50-day moving average price of $89.22 and a two-hundred day moving average price of $95.49. The stock has a market capitalization of $20.82 billion, a P/E ratio of 21.90, a P/E/G ratio of 2.42 and a beta of 0.77. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company’s revenue was up 6.8% 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 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, analysts expect that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio is presently 13.44%.

Institutional Trading of Veralto

Several institutional investors and hedge funds have recently modified their holdings of the business. Weiss Asset Management LP lifted its position in shares of Veralto by 575.4% during the 1st quarter. Weiss Asset Management LP now owns 130,621 shares of the company’s stock worth $11,550,000 after buying an additional 111,280 shares during the last quarter. OMERS ADMINISTRATION Corp lifted its position in shares of Veralto by 29.3% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 10,937 shares of the company’s stock worth $967,000 after buying an additional 2,477 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Veralto by 68.8% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 121,533 shares of the company’s stock worth $10,746,000 after buying an additional 49,517 shares during the last quarter. Caxton Associates LLP lifted its position in shares of Veralto by 111.8% during the 1st quarter. Caxton Associates LLP now owns 29,674 shares of the company’s stock worth $2,624,000 after buying an additional 15,663 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of Veralto by 37.3% during the 1st quarter. Sei Investments Co. now owns 394,325 shares of the company’s stock worth $34,868,000 after buying an additional 107,123 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors.

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. This segment provides water solutions, including chemical reagents, services, and digital solutions.