Swiss Life Asset Management Ltd Purchases 8,900 Shares of Veralto Corporation $VLTO

by · The Cerbat Gem

Swiss Life Asset Management Ltd lifted its position in Veralto Corporation (NYSE:VLTO – Free Report) by 11.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,243 shares of the company’s stock after buying an additional 8,900 shares during the period. Swiss Life Asset Management Ltd’s holdings in Veralto were worth $8,705,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in shares of Veralto in the 4th quarter valued at $25,000. Root Financial Partners LLC bought a new position in Veralto during the 3rd quarter worth about $27,000. Goodman Advisory Group LLC bought a new position in Veralto during the 3rd quarter worth about $29,000. Board of the Pension Protection Fund bought a new position in Veralto during the 4th quarter worth about $30,000. Finally, Creative Capital Management Investments LLC increased its holdings in Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on VLTO shares. Stifel Nicolaus lowered their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Jefferies Financial Group initiated coverage on shares of Veralto in a research note on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective for the company. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research note on Thursday, April 30th. Finally, UBS Group increased their price objective on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Veralto currently has an average rating of “Hold” and an average price target of $105.88.

Check Out Our Latest Analysis on VLTO

Veralto Trading Up 0.3%

Veralto stock opened at $86.79 on Wednesday. Veralto Corporation has a one year low of $84.99 and a one year high of $110.11. The company has a market cap of $21.32 billion, a price-to-earnings ratio of 22.43, a P/E/G ratio of 2.44 and a beta of 0.77. The firm has a 50-day moving average of $89.66 and a 200-day moving average of $95.76. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32.

Veralto (NYSE:VLTO – Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the business posted $0.95 EPS. Veralto’s revenue was up 6.8% on a year-over-year basis. 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, equities analysts expect that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, March 31st. Veralto’s dividend payout ratio (DPR) is 13.44%.

About Veralto

(Free Report)

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.

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