Wilkerson Advisory Group LLC Trims Stock Holdings in Veralto Corporation $VLTO

Wilkerson Advisory Group LLC lowered its stake in Veralto Corporation (NYSE:VLTO) by 94.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 398 shares of the company’s stock after selling 6,825 shares during the quarter. Wilkerson Advisory Group LLC’s holdings in Veralto were worth $35,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of Veralto by 16.1% during the fourth quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock valued at $352,000 after acquiring an additional 479 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Veralto by 5.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock worth $2,529,000 after acquiring an additional 1,306 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Veralto by 20.4% in the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock worth $443,000 after acquiring an additional 770 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Veralto by 102.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after acquiring an additional 421 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in shares of Veralto during the 2nd quarter worth approximately $201,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on VLTO shares. Royal Bank Of Canada lifted their target price on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Wolfe Research restated an “outperform” rating and set a $109.00 price target on shares of Veralto in a research note on Thursday, July 9th. Citigroup lowered their price target on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Barclays dropped their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, UBS Group boosted their price objective on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $106.33.

Veralto Trading Down 3.3%

NYSE VLTO opened at $90.06 on Wednesday. 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 $22.12 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 2.62 and a beta of 0.63. The firm has a 50 day simple moving average of $87.28 and a 200-day simple moving average of $91.17. Veralto Corporation has a one year low of $80.03 and a one year high of $110.11.

Veralto (NYSE:VLTO) last announced its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.05. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Equities research analysts anticipate that Veralto Corporation will post 4.24 EPS for the current fiscal year.

Veralto Dividend Announcement

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

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.