Sargent Investment Group LLC Takes $861,000 Position in Veralto Corporation $VLTO

Sargent Investment Group LLC bought a new stake in Veralto Corporation (NYSE:VLTO) during the fourth quarter, Holdings Channel reports. The institutional investor bought 8,630 shares of the company’s stock, valued at approximately $861,000.

Other large investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new position in shares of Veralto in the 4th quarter valued at about $25,000. Goodman Advisory Group LLC acquired a new position in shares of Veralto in the 3rd quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Veralto by 82.2% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after purchasing an additional 129 shares during the period. Board of the Pension Protection Fund acquired a new position in shares of Veralto in the 4th quarter valued at about $30,000. Finally, Creative Capital Management Investments LLC increased its holdings in shares of 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 purchasing an additional 107 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Stock Performance

Shares of NYSE VLTO opened at $82.60 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. The firm has a market cap of $20.29 billion, a price-to-earnings ratio of 21.34, a P/E/G ratio of 2.35 and a beta of 0.70. The business’s 50-day simple moving average is $86.99 and its 200-day simple moving average is $93.24. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11.

Veralto (NYSE:VLTO) last issued its quarterly earnings data 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 for 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%.The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, equities research analysts expect that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued 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 dividend yield of 0.6%. Veralto’s dividend payout ratio is currently 13.44%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on VLTO. Stifel Nicolaus cut their price target on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Royal Bank Of Canada raised their price target on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Jefferies Financial Group began coverage on Veralto in a research note on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target for the company. UBS Group raised their price target on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Robert W. Baird set a $103.00 price target on Veralto in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $105.88.

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.