Veralto (NYSE:VLTO) Price Target Lowered to $99.00 at UBS Group
by Scott Moore · The Cerbat GemVeralto (NYSE:VLTO – Get Free Report) had its target price reduced by research analysts at UBS Group from $102.00 to $99.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 10.45% from the stock’s current price.
A number of other brokerages have also issued reports on VLTO. Jefferies Financial Group began coverage on Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Citigroup decreased their price objective on Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Stifel Nicolaus set a $118.00 target price on shares of Veralto in a report on Thursday, February 5th. Finally, Barclays reiterated an “overweight” rating and issued a $117.00 target price on shares of Veralto in a research report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $108.44.
View Our Latest Analysis on VLTO
Veralto Price Performance
Shares of NYSE:VLTO traded down $0.84 during midday trading on Thursday, reaching $89.63. 1,926,380 shares of the company’s stock traded hands, compared to its average volume of 1,979,536. The company has a fifty day simple moving average of $92.03 and a two-hundred day simple moving average of $98.17. Veralto has a 1 year low of $84.99 and a 1 year high of $110.11. The company has a market cap of $22.01 billion, a P/E ratio of 23.90, a PEG ratio of 2.49 and a beta of 0.98. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.52 and a current ratio of 1.67.
Veralto (NYSE:VLTO – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.98 by $0.06. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the firm earned $0.95 EPS. The firm’s 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. Equities analysts predict that Veralto will post 3.66 EPS for the current fiscal year.
Institutional Trading of Veralto
Several large investors have recently added to or reduced their stakes in the stock. Compass Wealth Management LLC acquired a new stake in shares of Veralto in the third quarter valued at $6,708,000. Capital Advisors Inc. OK grew its stake in Veralto by 6.3% during the 3rd quarter. Capital Advisors Inc. OK now owns 380,910 shares of the company’s stock worth $40,609,000 after purchasing an additional 22,464 shares in the last quarter. Spire Wealth Management increased its holdings in Veralto by 1,579.5% during the 3rd quarter. Spire Wealth Management now owns 12,311 shares of the company’s stock worth $1,312,000 after purchasing an additional 11,578 shares during the period. Wolverine Asset Management LLC acquired a new stake in Veralto in the 3rd quarter valued at about $1,919,000. Finally, Robeco Institutional Asset Management B.V. raised its position in Veralto by 8.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,159,417 shares of the company’s stock valued at $123,605,000 after purchasing an additional 94,607 shares in the last quarter. 91.28% of the stock is currently owned by hedge funds and other 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.