Veralto Corporation $VLTO Shares Sold by Nomura Holdings Inc.

Nomura Holdings Inc. cut its stake in shares of Veralto Corporation (NYSE:VLTO) by 4.2% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 7,814 shares of the company’s stock after selling 339 shares during the period. Nomura Holdings Inc.’s holdings in Veralto were worth $761,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bernard Wealth Management Corp. acquired a new position in Veralto during the 4th quarter worth approximately $30,000. Truvestments Capital LLC lifted its position in Veralto by 148.5% during the 1st quarter. Truvestments Capital LLC now owns 328 shares of the company’s stock worth $32,000 after acquiring an additional 196 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in Veralto during the 1st quarter worth approximately $45,000. Grove Bank & Trust lifted its position in Veralto by 198.2% during the 1st quarter. Grove Bank & Trust now owns 510 shares of the company’s stock worth $50,000 after acquiring an additional 339 shares in the last quarter. Finally, Global Financial Private Client LLC increased its holdings in Veralto by 95.1% during the 1st quarter. Global Financial Private Client LLC now owns 593 shares of the company’s stock worth $58,000 after purchasing an additional 289 shares during the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

Veralto Stock Performance

VLTO stock opened at $106.43 on Friday. The company has a current ratio of 2.32, a quick ratio of 2.06 and a debt-to-equity ratio of 1.00. The firm has a market cap of $26.41 billion, a P/E ratio of 29.73, a P/E/G ratio of 3.49 and a beta of 0.91. Veralto Corporation has a 12-month low of $83.86 and a 12-month high of $115.00. The stock’s 50 day simple moving average is $104.98 and its 200 day simple moving average is $99.60.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Monday, July 28th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.04. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.34 billion. Veralto had a return on equity of 41.45% and a net margin of 16.65%.The business’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 EPS. Veralto has set its FY 2025 guidance at 3.720-3.800 EPS. Q3 2025 guidance at 0.910-0.950 EPS. As a group, equities research analysts predict that Veralto Corporation will post 3.66 EPS for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on VLTO. Wolfe Research upgraded Veralto from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. Royal Bank Of Canada lifted their price objective on Veralto from $104.00 to $108.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 30th. Raymond James Financial began coverage on Veralto in a report on Tuesday, August 26th. They set a “market perform” rating on the stock. Stifel Nicolaus set a $120.00 price objective on Veralto and gave the stock a “buy” rating in a report on Wednesday, July 30th. Finally, Robert W. Baird lifted their price objective on Veralto from $106.00 to $112.00 and gave the stock a “neutral” rating in a report on Wednesday, July 30th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $113.43.

Insider Activity

In related news, CEO Jennifer Honeycutt sold 10,646 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $106.26, for a total transaction of $1,131,243.96. Following the sale, the chief executive officer directly owned 106,219 shares of the company’s stock, valued at approximately $11,286,830.94. This represents a 9.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.36% of the company’s stock.

About Veralto

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands.