Veralto Corp has announced an agreement to acquire In-Situ for $435 million, a strategic move aimed at enhancing its water analytics capabilities and expanding its footprint in the environmental water markets.
The acquisition is expected to close in the first quarter of 2026 and is projected to deliver significant cost and commercial synergies. Veralto anticipates pre-tax run-rate cost synergies of approximately $11 million by the end of year three, which will be funded through cash on hand.
In addition to the acquisition, Veralto's Board of Directors has authorized a share repurchase program of up to $750 million. This program will allow the company to execute flexible buybacks over time, further enhancing shareholder value.
In-Situ has demonstrated high-single digit sales growth and is expected to generate around $80 million in sales in 2025, with a gross margin of about 50%. This acquisition is seen as a significant step towards bolstering Veralto's long-term growth and shareholder returns.
Wall Street analysts forecast VLTO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VLTO is 110.14 USD with a low forecast of 100.00 USD and a high forecast of 121.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast VLTO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VLTO is 110.14 USD with a low forecast of 100.00 USD and a high forecast of 121.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
5 Hold
0 Sell
Moderate Buy
Current: 98.670
Low
100.00
Averages
110.14
High
121.00
Current: 98.670
Low
100.00
Averages
110.14
High
121.00
Jefferies
Buy
to
Hold
downgrade
$125 -> $105
2025-12-10
Reason
Jefferies
Price Target
$125 -> $105
AI Analysis
2025-12-10
downgrade
Buy
to
Hold
Reason
Jefferies downgraded Veralto to Hold from Buy with a price target of $105, down from $125. The firm believes the company's "stable" demand profile and strong returns are priced into the shares at current levels. Veralto has limited catalysts to drive the stock meaningfully above current levels in the near-term, the analyst tells investors in a research note.
BMO Capital
Outperform
to
NULL
downgrade
$123 -> $114
2025-11-25
Reason
BMO Capital
Price Target
$123 -> $114
2025-11-25
downgrade
Outperform
to
NULL
Reason
BMO Capital lowered the firm's price target on Veralto to $114 from $123 and keeps an Outperform rating on the shares. The firm welcomes the $750M buyback that will be used opportunistically, but says that the $422M acquisition of In-Situ, while a strategic fit, is expensive, the analyst tells investors in a research note. BMO sees Veralto as a solid 10% compounder.
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UBS
Neutral
maintain
$110 -> $112
2025-11-05
Reason
UBS
Price Target
$110 -> $112
2025-11-05
maintain
Neutral
Reason
UBS raised the firm's price target on Veralto to $112 from $110 and keeps a Neutral rating on the shares.
Citi
Andrew Kaplowitz
Neutral
downgrade
$112 -> $111
2025-10-30
Reason
Citi
Andrew Kaplowitz
Price Target
$112 -> $111
2025-10-30
downgrade
Neutral
Reason
Citi analyst Andrew Kaplowitz lowered the firm's price target on Veralto to $111 from $112 and keeps a Neutral rating on the shares.
About VLTO
Veralto Corporation provides essential technology solutions that monitor, enhance and protect key resources around the globe. Its segments include Water Quality (WQ) and Product Quality & Innovation (PQI). WQ segment provides portfolios of water analytics and differentiated water treatment solutions that enable the delivery of safe drinking water by public and private utilities. Under its Hach, Trojan Technologies, ChemTreat and other globally recognized WQ brands, it provides precision instrumentation and advanced water treatment technologies that its customers rely on to measure, analyze and treat water in residential, commercial, municipal, industrial, research and natural resource applications. PQI segment provides a set of essential solutions for brand owners and consumer packaged goods companies. Under its Videojet, Linx, Esko, X-Rite, Pantone and other globally recognized PQI brands, it provides marking and coding, and packaging and color instrumentation and related consumables.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
