Veralto (NYSE:VLTO) Reaches New 52-Week Low – Here’s Why

Veralto Corporation (NYSE:VLTO) reached a new 52-week low on Wednesday . The company traded as low as $84.45 and last traded at $85.1430, with a volume of 1160690 shares changing hands. The stock had previously closed at $86.05.

Analyst Ratings Changes

VLTO has been the subject of a number of recent research reports. Stifel Nicolaus lowered their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Barclays lowered their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. UBS Group boosted their target price on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Jefferies Financial Group initiated coverage on Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price for the company. Finally, Royal Bank Of Canada boosted their target price on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $105.88.

Veralto Stock Performance

The business has a 50 day moving average price of $87.91 and a two-hundred day moving average price of $94.48. The company has a market cap of $20.38 billion, a P/E ratio of 21.46, a price-to-earnings-growth ratio of 2.38 and a beta of 0.77. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.Veralto’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter 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, sell-side analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VLTO. Azzad Asset Management Inc. ADV boosted its stake in shares of Veralto by 0.7% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock worth $1,506,000 after acquiring an additional 99 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of Veralto by 14.0% during the 3rd quarter. IFP Advisors Inc now owns 855 shares of the company’s stock worth $91,000 after acquiring an additional 105 shares in the last quarter. Creative Capital Management Investments LLC lifted its stake in Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after buying an additional 107 shares in the last quarter. Private Advisor Group LLC lifted its stake in Veralto by 0.7% in the 3rd quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock valued at $1,682,000 after buying an additional 109 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in Veralto by 18.9% in the 3rd quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock valued at $78,000 after buying an additional 117 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Company 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.