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Veralto Priced, NYSE: VLTO

Spin-off of Danaher's water testing, water treatment, and packaging solutions unit.

Industry: Industrials

Latest Trade: $95.89 +0.36 (+0.4%)

First Day Return: +2.4%

Return from IPO: +14.9%

Veralto’s unifying purpose is Safeguarding the World’s Most Vital Resources. Our diverse group of leading operating companies provide essential technology solutions that monitor, enhance and protect key resources around the globe. We are committed to the advancement of public health and safety and believe we are positioned to support our customers as they address large global challenges including environmental resource sustainability, water scarcity, management of severe weather events, food and pharmaceutical security, and the impact of an aging workforce. For decades, we have used our scientific expertise and innovative technologies to address complex challenges our customers face across regulated industries – including municipal utilities, food and beverage, pharmaceutical and industrials – where the consequence of failure is high. Through our core offerings in water analytics, water treatment, marking and coding, and packaging and color, customers look to our solutions to help ensure the safety, quality, efficiency and reliability of their products, processes and people globally. Upon the separation, Veralto will be headquartered in Waltham, Massachusetts with a workforce of approximately 16,000 associates strategically located in more than 45 countries. Veralto operates through two segments – Water Quality (“WQ”) and Product Quality & Innovation (“PQI”). Through WQ, we improve the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI, we promote consumer trust in products and help enable product innovation through leading brands including Videojet, Linx, Esko, X-Rite and Pantone.
IPO Data
IPO Date 10/02/2023
Offer Price $83.11
Price Range $83.11 - $83.11
Offer Shares (mm) 0.0
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Company Data
Headquarters Waltham, MA, United States
Founded 1947
Employees at IPO 16,000
Website www.veralto.com

Veralto (VLTO) Performance

Created with Highcharts 10.3.2Chart context menuVLTO vs. IPO Index (IPOUSA)Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24May '24Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25May '250%-25%+ 25%+ 50%+ 75%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexVLTOOur ETF tracks the IPO Index