Veralto CorpNYSE: VLTO
Industrials · Environmental & Facilities Services
$84.11
+1.61%
Vol: 1.8M
Research Digest
Friday, June 19, 2026
Veralto priced $725M senior notes offering and secured a PFAS detection partnership with Metir PLC, while shares remain down ~15% YTD on weak revenue growth concerns.
Veralto priced $725 million of 4.850% senior notes due 2032 at 99.996% of par, with the offering closing around June 1, 2026 and estimated net proceeds of ~$720.6 million. The company also declared a $0.13/share quarterly dividend payable July 31, 2026 to holders of record June 30. Veralto entered a partnership with Metir PLC, which reported its first PFAS detector sale to Veralto, linking AI-powered data analysis with Veralto's global water monitoring projects and core Water Quality segment. Shares are down ~15% YTD despite a recent Q1 earnings beat, as analysts express caution over weak revenue growth projections and competitive dynamics. The debt issuance is meaningful in size relative to the company's capital structure and could be used for M&A or refinancing; the risk is higher interest cost if leverage rises without commensurate revenue growth.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Veralto declares $0.13 quarterly dividend after Q1 beat, raised guidance, and ~$1B in acquisitionsPositive▶
On May 14, Veralto board approved a $0.13 quarterly cash dividend payable July 31. The dividend follows strong Q1 results with sales up 6.7% YoY to $1.42B and adjusted EPS up 13% to $1.07. The company raised full-year adjusted EPS guidance to $4.20-$4.28 supported by acquisitions of In-Situ and GlobalVision (~$1B) and a cost-optimization program targeting $65-$75M in annual savings by 2028. UBS raised its price target to $101 from $99. The risk: water-quality strength is being partially offset by a 1% decline in product quality and innovation, and the acquisition integration introduces execution risk.
May 20Veralto raises FY26 adjusted EPS guidance to $4.20–$4.28 after Q1 beat and $1B acquisitions.Positive▶
Veralto reported Q1 2026 sales up 6.7% y/y with adjusted EPS of $1.07, beating estimates, and raised full-year adjusted EPS guidance to $4.20–$4.28. The company invested about $1B acquiring In-Situ and GlobalVision and completed a $300M buyback of 3,224,855 shares. At the May 13 annual meeting, shareholders elected four Class III directors, ratified Ernst & Young as auditor, and approved executive pay. UBS raised its price target to $101 from $99 on May 1. The combination of an earnings beat, guidance hike, portfolio expansion via M&A and capital return supports a positive sentiment.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18Veralto declared a $0.13 quarterly dividend on May 14 and stock hit a 52-week low of $84.97 as UBS raised PT to $101 and Deutsche Bank raised to $103.Mixed▶
On May 14, 2026, Veralto's board approved a $0.13 quarterly cash dividend payable July 31 to shareholders of record June 30. Despite the announcement, shares hit a 52-week low of $84.97 amid broader market pressure. UBS raised its price target to $101 (from $99) and Deutsche Bank to $103 (from $102) following Q1 2026 results showing 6.7% revenue growth to $1.42B and adjusted EPS of $1.07, beating $0.88 forecasts. The company raised full-year adjusted EPS guidance to $4.20-$4.28 and launched a cost-optimization program targeting $65-$75M in annual savings by 2028. CAO Bernard Skeete sold shares on May 1 at $88.21.
May 15Veralto declared a $0.13 quarterly dividend on May 14 and continues to benefit from a raised FY26 adjusted EPS guide of $4.20-$4.28 with a new $65-75M cost-savings program.Positive▶
On May 14, 2026, Veralto Corporation declared a quarterly cash dividend of $0.13 per share payable July 31 to shareholders of record June 30, with the stock closing near $85.27 on the day. The company's Q1 2026 sales rose 6.7% YoY to $1.42B with adjusted EPS of $1.07, prompting management to raise full-year adjusted EPS guidance to $4.20-$4.28. Veralto also initiated a cost-optimization program targeted to yield $65-$75M in annual run-rate savings by 2028. CAO Bernard Skeete sold 300 shares on May 1 at $88.21. Risk: water-treatment capex cyclicality and FX could weigh on the analytical instruments segment near term, though the recurring service and consumables mix provides downside support.
May 14Veralto CAO sold 300 shares May 1 amid Q1 EPS beat, raised guidance, and ~$1B in In-Situ/GlobalVision acquisitionsPositive▶
Veralto reported strong Q1 2026 results with sales of $1.42B, adjusted EPS of $1.07, and net income of $254M; management raised full-year adjusted EPS guidance to $4.20-$4.28 with ~7% sales growth and 13% adjusted EPS growth. The company invested ~$1B acquiring In-Situ and GlobalVision in Q1 and completed a $300M buyback for 3.22M shares. Chief Accounting Officer Bernard Skeete sold 300 shares on May 1 at $88.21. UBS raised PT to $101 (May 1) and Deutsche Bank to $103 (Apr 30). Stock traded $85.97-$87.63 on May 11. Risk: water/quality industrial demand cyclicality.
May 13Veralto saw Rep. Cisneros purchase shares disclosed May 12 after company completed $300M buyback and invested ~$1B in In-Situ and GlobalVision acquisitions following Q1 beat.Positive▶
On May 12, 2026, Representative Gilbert Ray Cisneros disclosed purchasing $1,001-$15,000 in Veralto shares on May 1. Veralto's CAO sold 300 shares on May 1 at $88.21. Q1 2026 results beat with $1.07 adjusted EPS vs $1.02 consensus and revenue of $1.42B (up 6.8% YoY). The company invested ~$1B acquiring In-Situ and GlobalVision and completed a $300M buyback of 3.22M shares. Veralto raised FY 2026 EPS guidance to $4.20-$4.28. Average analyst price target is $109.73, implying 24.51% upside from $88.13.
May 12Veralto delivered Q1 2026 adjusted EPS of $1.07 (+13% YoY) on $1.42B sales, raised FY26 adjusted EPS guidance to $4.20-$4.28, and deployed ~$1B on In-Situ and GlobalVision acquisitions plus $300M buyback.Positive▶
Veralto reported strong Q1 2026 results with sales of $1.42B (+7%) and adjusted EPS of $1.07 (+13% YoY), raising full-year adjusted EPS guidance to $4.20-$4.28. The company deployed ~$1B in Q1 on acquisitions (In-Situ and GlobalVision) and completed a $300M buyback of 3.22M shares. UBS raised its price target to $101 from $99 on May 1. CAO Bernard Skeete sold 300 shares at $88.21 on May 1. As of May 11, the stock traded between $85.97-$87.63, with average analyst PT of $109.73 implying 24.5% upside. Risk: recent share price weakness suggests mixed investor sentiment near term.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| WMWASTE | $214.51 | -0.62% | +3.2% | 24.9x | 0.45 | $92.5B |
| RSGREPUBLIC | $204.89 | -1.22% | +1.8% | 27.0x | 0.41 | $66.9B |
| VLTOVERALTO | $84.11 | +1.61% | +7.2% | 19.9x | 0.78 | $22.7B |
| ROLROLLINS | $44.92 | -0.47% | -2.6% | 31.1x | 0.75 | $20.9B |
| CATCATERPILLAR | $991.23 | +3.69% | -3.1% | 32.0x | 1.56 | $443.8B |
| GEGENERAL | $359.14 | +0.59% | +3.2% | 43.4x | 1.35 | $394.4B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.