Franklin Resources Inc. Cuts Stock Holdings in Veralto Corporation $VLTO

Franklin Resources Inc. lowered its stake in shares of Veralto Corporation (NYSE:VLTO) by 21.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 938,620 shares of the company’s stock after selling 253,756 shares during the period. Franklin Resources Inc.’s holdings in Veralto were worth $93,656,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VLTO. Laurel Wealth Advisors LLC purchased a new position in Veralto during the fourth quarter worth approximately $25,000. Goodman Advisory Group LLC purchased a new position in Veralto during the third quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC raised its stake 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 purchasing an additional 129 shares during the period. Board of the Pension Protection Fund purchased a new position in Veralto during the fourth quarter worth approximately $30,000. Finally, Creative Capital Management Investments LLC raised its stake in Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the period. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Stock Performance

Shares of VLTO stock opened at $82.41 on Thursday. The company’s fifty day simple moving average is $87.30 and its 200-day simple moving average is $93.60. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The company has a market cap of $20.24 billion, a PE ratio of 21.29, a P/E/G ratio of 2.43 and a beta of 0.69.

Veralto (NYSE:VLTO) last issued its 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. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter last year, the firm posted $0.95 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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 anticipate that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is currently 13.44%.

Analyst Ratings Changes

VLTO has been the topic of a number of recent analyst reports. Stifel Nicolaus cut their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Citigroup cut their price target on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Robert W. Baird set a $103.00 price target on shares of Veralto in a research note on Thursday, April 30th. Barclays cut their price target on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada increased their price target on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $105.88.

Veralto 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.