Grantham Mayo Van Otterloo & Co. LLC Has $5.64 Million Position in Veralto Corporation $VLTO

Grantham Mayo Van Otterloo & Co. LLC cut its stake in shares of Veralto Corporation (NYSE:VLTO) by 45.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,921 shares of the company’s stock after selling 43,386 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Veralto were worth $5,642,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VLTO. Vanguard Group Inc. raised its holdings in shares of Veralto by 2.8% during the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock valued at $3,311,135,000 after purchasing an additional 852,276 shares during the period. State Street Corp grew its stake in shares of Veralto by 1.9% in the 2nd quarter. State Street Corp now owns 10,257,956 shares of the company’s stock valued at $1,036,653,000 after buying an additional 192,139 shares during the period. Impax Asset Management Group plc grew its stake in shares of Veralto by 3.9% in the 3rd quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock valued at $408,503,000 after buying an additional 144,044 shares during the period. First Trust Advisors LP increased its position in Veralto by 24.3% in the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after buying an additional 685,614 shares in the last quarter. Finally, Norges Bank bought a new stake in Veralto in the 2nd quarter valued at about $264,150,000. 91.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Weiss Ratings lowered Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. Citigroup decreased their price objective on Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Royal Bank Of Canada lowered their target price on Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. Barclays reiterated an “overweight” rating and issued a $117.00 target price on shares of Veralto in a report on Thursday, February 5th. Finally, Stifel Nicolaus set a $118.00 price target on shares of Veralto in a research report on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $108.22.

Veralto Stock Performance

NYSE VLTO opened at $94.12 on Tuesday. The company has a market capitalization of $23.33 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 2.67 and a beta of 0.89. 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 Corporation has a 52-week low of $83.86 and a 52-week high of $110.11. The company has a 50-day simple moving average of $97.43 and a 200 day simple moving average of $100.91.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the company earned $0.95 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. On average, research analysts predict that Veralto Corporation will post 3.66 EPS for the current year.

Veralto Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Veralto’s dividend payout ratio is 13.87%.

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.