VLTO Stock Recent News

VLTO's leadership in Water Quality and PQI segments, strategic acquisitions and growing dividends position it for sustained growth.

Investors interested in Technology Services stocks are likely familiar with Climb Global Solutions (CLMB) and Veralto (VLTO). But which of these two companies is the best option for those looking for undervalued stocks?

WALTHAM, Mass. , March 5, 2025 /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 quarterly cash dividend of $0.11 per share of its common stock, payable on April 30, 2025 to holders of record as of the close of business on March 31, 2025.

VLTO's leadership in Water Quality and PQI segments, strategic acquisitions and growing dividends position it for sustained growth.

Bolsters its Water Quality Portfolio with UV Treatment Technology; Further Expands Offerings in Europe  WALTHAM, Mass. , Feb. 17, 2025 /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 the signing of a definitive agreement to acquire Austria-based Ultraviolet (UV) treatment company AQUAFIDES for approximately $20 million.

I maintain a buy rating on Veralto. 4Q24 results showed 4.4% revenue growth, driven by Water Quality and Product Quality & Innovation segments, with adj EPS growing 9% y/y. The Water Quality segment benefits from long-term demand for industrial water treatment and water analytics.

Veralto Corporation (NYSE:VLTO ) Q4 2024 Earnings Conference Call February 5, 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 Natalia Bak - Citigroup Deane Dray - RBC Capital Markets Mike Halloran - Baird Nathan Jones - Stifel Andrew Buscaglia - BNP Paribas John McNulty - BMO Capital Markets Andrew Krill - Deutsche Bank Brian Lee - Goldman Sachs Operator Please standby. Your program is about to begin.

Although the revenue and EPS for Veralto (VLTO) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Veralto (VLTO) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.87 per share a year ago.

Veralto (VLTO -0.19%), a key player in water treatment and printing solutions, announced its fourth-quarter earnings on Feb. 4. The company, which was spun off from Danaher in 2023, reported revenue of $1.345 billion, marking a 4.4% year-over-year increase.