Stock analysts at Jefferies Financial Group began coverage on shares of Veralto (NYSE:VLTO – Get Free Report) in a research note issued to investors on Tuesday. The brokerage set a “buy” rating and a $110.00 price target on the stock. Jefferies Financial Group’s target price points to a potential upside of 28.03% from the company’s current price.
Several other brokerages have also recently weighed in on VLTO. UBS Group set a $102.00 price target on Veralto and gave the company a “neutral” rating in a research note on Friday, February 6th. Citigroup lowered their target price on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Robert W. Baird set a $108.00 target price on Veralto in a research note on Thursday, February 5th. Finally, Barclays reaffirmed an “overweight” rating and set a $117.00 price objective on shares of Veralto in a research report on Thursday, February 5th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Veralto has a consensus rating of “Moderate Buy” and a consensus price target of $108.78.
Read Our Latest Research Report on Veralto
Veralto Trading Up 1.0%
Veralto (NYSE:VLTO – Get Free Report) last posted its quarterly 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 company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period last year, the company posted $0.95 EPS. The firm’s quarterly 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 anticipate that Veralto will post 3.66 EPS for the current fiscal year.
Institutional Investors Weigh In On Veralto
Several hedge funds and other institutional investors have recently made changes to their positions in VLTO. Laurel Wealth Advisors LLC acquired a new position in Veralto during the 4th quarter valued at about $25,000. Root Financial Partners LLC purchased a new stake in shares of Veralto in the third quarter worth approximately $27,000. Loomis Sayles & Co. L P bought a new position in shares of Veralto in the second quarter valued at approximately $28,000. Goodman Advisory Group LLC bought a new position in shares of Veralto in the third quarter valued at approximately $29,000. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after buying an additional 129 shares during the last quarter. 91.28% of the stock is owned by institutional investors.
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.
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