Daiwa Securities Group Inc. Sells 58,649 Shares of Veralto Corporation $VLTO

by · The Markets Daily

Daiwa Securities Group Inc. decreased its holdings in Veralto Corporation (NYSE:VLTO – Free Report) by 45.8% in the fourth quarter, Holdings Channel reports. The firm owned 69,344 shares of the company’s stock after selling 58,649 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Veralto were worth $6,919,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Azzad Asset Management Inc. ADV increased its holdings in shares of Veralto by 0.7% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock worth $1,506,000 after purchasing an additional 99 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Veralto by 14.0% in the 3rd quarter. IFP Advisors Inc now owns 855 shares of the company’s stock worth $91,000 after purchasing an additional 105 shares in the last quarter. Creative Capital Management Investments LLC increased its holdings in shares of Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Veralto by 0.7% in the 3rd quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock worth $1,682,000 after purchasing an additional 109 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of Veralto by 18.9% in the 3rd quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock worth $78,000 after purchasing an additional 117 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Performance

Shares of VLTO opened at $86.17 on Monday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. Veralto Corporation has a one year low of $80.03 and a one year high of $110.11. The firm has a market capitalization of $21.16 billion, a P/E ratio of 22.27, a PEG ratio of 2.43 and a beta of 0.69. The business has a fifty day moving average of $87.37 and a 200 day moving average of $93.88.

Veralto (NYSE:VLTO – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.02 by $0.05. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the previous year, the company posted $0.95 earnings per share. Veralto’s revenue 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, sell-side analysts anticipate that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have commented on the company. Stifel Nicolaus reduced their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Robert W. Baird set a $103.00 target price on Veralto in a report on Thursday, April 30th. Barclays reduced their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Citigroup reduced their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Finally, UBS Group lifted their target price on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $105.88.

Read Our Latest Analysis on VLTO

About Veralto

(Free Report)

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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