Veralto’s (VLTO) Outperform Rating Reiterated at Wolfe Research

Wolfe Research reaffirmed their outperform rating on shares of Veralto (NYSE:VLTO) in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports. Wolfe Research currently has a $125.00 target price on the stock.

Several other equities research analysts also recently issued reports on VLTO. Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a research report on Wednesday, June 24th. Stifel Nicolaus lifted their price target on Veralto from $111.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Royal Bank Of Canada boosted their price objective on Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Citigroup increased their price objective on Veralto from $102.00 to $107.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Finally, Robert W. Baird set a $111.00 target price on Veralto in a research note on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $112.50.

Veralto Stock Performance

NYSE VLTO opened at $95.22 on Tuesday. The firm has a market cap of $23.21 billion, a P/E ratio of 24.04, a price-to-earnings-growth ratio of 2.72 and a beta of 0.60. The company has a quick ratio of 1.61, a current ratio of 1.78 and a debt-to-equity ratio of 0.86. The company’s 50 day moving average is $95.92 and its 200-day moving average is $90.87. Veralto has a 12-month low of $80.03 and a 12-month high of $108.00.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, topping the consensus estimate of $1.01 by $0.10. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period last year, the firm earned $0.93 EPS. Veralto’s revenue for the quarter was up 7.5% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Sell-side analysts predict that Veralto will post 4.41 earnings per share for the current year.

Insider Activity at Veralto

In other Veralto news, SVP Surekha Trivedi sold 986 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $97.05, for a total value of $95,691.30. Following the sale, the senior vice president directly owned 8,565 shares in the company, valued at $831,233.25. This represents a 10.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jennifer Honeycutt sold 7,097 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total transaction of $720,487.44. Following the completion of the transaction, the chief executive officer directly owned 124,085 shares of the company’s stock, valued at approximately $12,597,109.20. The trade was a 5.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,180 shares of company stock worth $1,490,394 over the last quarter. Corporate insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On Veralto

A number of institutional investors and hedge funds have recently made changes to their positions in VLTO. Annis Gardner Whiting Capital Advisors LLC grew its position in Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after buying an additional 129 shares in the last quarter. Highland Investment Advisors LLC bought a new position in shares of Veralto in the second quarter worth approximately $32,000. Elyxium Wealth LLC bought a new position in shares of Veralto in the fourth quarter worth approximately $37,000. Hantz Financial Services Inc. raised its stake in Veralto by 175.1% in the fourth quarter. Hantz Financial Services Inc. now owns 597 shares of the company’s stock valued at $60,000 after purchasing an additional 380 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in Veralto during the first quarter valued at approximately $66,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

About Veralto

Veralto Corporation (NYSE: VLTO) is a global provider of technology, equipment, software and services focused on water quality and product quality. The company serves municipal, industrial, commercial and consumer markets, helping customers monitor and manage water systems while improving the production, packaging and identification of products.

Veralto operates through two primary segments. Its Water Quality businesses provide water analytics, testing and monitoring systems, treatment technologies, flow measurement equipment and related software and services.