VeraltoVLTO
VLTO
About: Veralto Corp is company which is a provider of essential technology solutions that safeguard many of the world's most vital resources. The company operates in two segments such as Water Quality and Product Quality & Innovation. Through WQ segment it improves the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI segment it promotes consumer trust in products and help enable product innovation through brands including Videojet, Linx, Esko, X-Rite and Pantone.
Employees: 16,000
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
667% more call options, than puts
Call options by funds: $236M | Put options by funds: $30.7M
70% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 66
14% more capital invested
Capital invested by funds: $22.4B [Q2] → $25.4B (+$3.08B) [Q3]
3% more funds holding
Funds holding: 990 [Q2] → 1,021 (+31) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
3.43% less ownership
Funds ownership: 94.85% [Q2] → 91.43% (-3.43%) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 344 | Existing positions reduced: 394
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$111
8%
upside
Avg. target
$117
14%
upside
High target
$125
21%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Citigroup Andrew Kaplowitz 66% 1-year accuracy 53 / 80 met price target | 13%upside $116 | Neutral Maintained | 13 Jan 2025 |
Jefferies Saree Boroditsky 25% 1-year accuracy 2 / 8 met price target | 21%upside $125 | Buy Initiated | 12 Dec 2024 |
Stifel Nathan Jones 65% 1-year accuracy 44 / 68 met price target | 14%upside $117 | Buy Maintained | 11 Dec 2024 |
RBC Capital Deane Dray 48% 1-year accuracy 30 / 62 met price target | 8%upside $111 | Sector Perform Maintained | 25 Oct 2024 |
Financial journalist opinion
Neutral
PRNewsWire
6 days ago
Veralto Schedules Fourth Quarter 2024 Earnings Call
WALTHAM, Mass. , Jan. 15, 2025 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ , announced that it will webcast its fourth quarter 2024 earnings conference call on Wednesday, February 5, 2025, beginning at 8:30 a.m.
Positive
Zacks Investment Research
2 weeks ago
Veralto Stock Rises 30% in a Year: Here's What You Should Know
VLTO's leadership in Water Quality and PQI segments, strategic acquisitions and growing dividends position it for sustained growth.
Neutral
PRNewsWire
1 month ago
Veralto Announces Increase in Quarterly Dividend
WALTHAM, Mass. , Dec. 19, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced today that its board of directors has approved a 22% increase to its quarterly cash dividend, and accordingly approved a quarterly cash dividend of $0.11 per share of its common stock, payable on January 31, 2025 to holders of record as of the close of business on December 31, 2024.
Neutral
PRNewsWire
2 months ago
Veralto Invests in Axine Water Technologies
Creates Strategic Partnership with a Leading Provider of Contaminant Destruction Technology WALTHAM, Mass. , Nov. 13, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced an investment of approximately $15 million to establish a minority interest in Axine Water Technologies, a leading provider of electrochemical oxidation technology for contaminant destruction.
Neutral
Zacks Investment Research
2 months ago
AMADY or VLTO: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Technology Services sector might want to consider either Amadeus IT Group SA Unsponsored ADR (AMADY) or Veralto (VLTO). But which of these two stocks offers value investors a better bang for their buck right now?
Positive
Seeking Alpha
2 months ago
Veralto: Growth Tailwinds Remain Intact
I maintain a bullish view on Veralto due to strong demand tailwinds, core sales growth, and expanding adj EBITDA margins. 3Q24 results showed $1.31 billion revenue, 4.6% core sales growth, and margin expansion, leading to an EPS beat and raised FY24 adj EPS guidance. The WQ segment shows robust growth, driven by chemical treatment demand.
Positive
Zacks Investment Research
2 months ago
Down -5.67% in 4 Weeks, Here's Why You Should You Buy the Dip in Veralto (VLTO)
Veralto (VLTO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Neutral
Seeking Alpha
2 months ago
Veralto Corporation (VLTO) Q3 2024 Earnings Call Transcript
Veralto Corporation (NYSE:VLTO ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Ryan Taylor - Vice President of Investor Relations Jennifer Honeycutt - President & Chief Executive Officer Sameer Ralhan - Senior Vice President & Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Mike Halloran - Baird Nathan Jones - Stifel Deane Dray - RBC Capital Markets Brian Lee - Goldman Sachs Andrew Buscaglia - BNP Paribas Andrew Krill - Deutsche Bank Joe Giordano - TD Cowen Damian Karas - UBS Brad Hewitt - Wolfe Research Operator Please standby. Your program is about to begin.
Positive
Zacks Investment Research
2 months ago
Veralto (VLTO) Q3 Earnings and Revenues Surpass Estimates
Veralto (VLTO) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.75 per share a year ago.
Neutral
PRNewsWire
2 months ago
Veralto Reports Third Quarter 2024 Results
WALTHAM, Mass. , Oct. 23, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ announced results for the third quarter ended September 27, 2024.
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