VeraltoVLTO
Market Cap: $27B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
537% more call options, than puts
Call options by funds: $110M | Put options by funds: $17.3M
8% more capital invested
Capital invested by funds: $20.2B [Q1] → $21.8B (+$1.62B) [Q2]
0.14% more ownership
Funds ownership: 92.39% [Q1] → 92.54% (+0.14%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
1% less funds holding
Funds holding: 993 [Q1] → 981 (-12) [Q2]
11% less first-time investments, than exits
New positions opened: 95 | Existing positions closed: 107
18% less repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 401
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
UBS Damian Karas 64% 1-year accuracy 7 / 11 met price target | 8%upside $118 | Neutral Initiated | 13 Aug 2024 |
TD Cowen Joseph Giordano 47% 1-year accuracy 9 / 19 met price target | 9%downside $100 | Hold Maintained | 30 Jul 2024 |
Deutsche Bank Andrew Krill 0 / 0 met price target | 0%downside $109 | Hold Maintained | 29 Jul 2024 |
Goldman Sachs Brian Lee 55% 1-year accuracy 23 / 42 met price target | 6%upside $116 | Buy Maintained | 29 Jul 2024 |
RBC Capital Deane Dray 62% 1-year accuracy 38 / 61 met price target | 1%downside $108 | Sector Perform Maintained | 29 Jul 2024 |