Veralto Corporation (VLTO) delivered solid Q3 results and surpassed expectations, including increased Revenue and Adjusted EPS, thereby prompting the company to raise guidance. Several investment firms have bolstered their position in Veralto stocks. For instance, Focus Partners Advisor Solutions LLC, Wealthfront Advisers LLC, Brighton Jones LLC, ELCO Management Co. LLC, Asset Management One Co. Ltd, and Teacher Retirement System of Texas have all increased their shareholdings. Multiple financial advisors have offered positive insights on Veralto and other industrial goods companies, suggesting that further growth acceleration is quite possible. Detailed analyses show VLTO to be a quality stock with the potential to continue outperforming the industry average. The third-quarter results and raised guidance shape the company's investment outlook positively. However, Citigroup lowered its price target to $111 while analysts predict a 'Moderate Buy' consensus. Despite this small setback, Veralto seems to be delivering mid-single-digit core revenue growth through the cycle. Moving forward, the company expects Q4 Adjusted EPS to be in the range of $0.95 - $0.98. Recent reportings reinforce a bullish narrative for shareholders, thanks to margin expansion, positive quarterly reports, and the announcement of a fresh dividend.
Veralto Corporation VLTO News Analytics from Wed, 23 Apr 2025 07:00:00 GMT to Sat, 01 Nov 2025 13:42:22 GMT - Rating 8 - Innovation 6 - Rumor 5
