Veralto Corporation (VLTO) has been experiencing a series of positive financial events and investor responses. The corporation has recently announced an increase in its quarterly dividend, boosting it by 18% and setting a payout of $0.13 for January 30. The announcement has led to an increased interest in VLTO shares as Oak Thistle LLC and Westwood Holdings Group Inc made significant new investments in VLTO. The company's third-quarter results were released, which led to an increased consensus rating of 'Moderate Buy' from analysts.
Moreover, a new agreement was also announced
that Veralto would acquire In-Situ and establish a $750 million share repurchase program. Other significant transactions include Daiwa Securities Group Inc, Engineers Gate Manager LP, and Skandinaviska Enskilda Banken AB publ buying VLTO shares, while Vega Investment Solutions and Federated Hermes Inc sold VLTO shares. With regards to its performance, Veralto is said to be underperforming compared to the S&P 500. Furthermore, Veralto committed €20M to Emerald's new fund to accelerate water innovation solutions. Lastly, VLTO's price target is adjusted to $116 from $114, maintaining an outperform rating.
Veralto Corporation VLTO News Analytics from Tue, 04 Feb 2025 08:00:00 GMT to Fri, 19 Dec 2025 10:47:41 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 2
