Lansforsakringar Fondforvaltning AB publ Buys 8,335 Shares of Veralto Corporation $VLTO

Lansforsakringar Fondforvaltning AB publ grew its position in shares of Veralto Corporation (NYSE:VLTO) by 11.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,497 shares of the company’s stock after buying an additional 8,335 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Veralto were worth $8,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of VLTO. Root Financial Partners LLC bought a new position in Veralto in the third quarter valued at about $27,000. Loomis Sayles & Co. L P bought a new position in Veralto in the 2nd quarter worth $28,000. True Wealth Design LLC lifted its position in Veralto by 852.9% during the third quarter. True Wealth Design LLC now owns 324 shares of the company’s stock valued at $35,000 after purchasing an additional 290 shares in the last quarter. Headlands Technologies LLC bought a new stake in Veralto during the second quarter valued at about $44,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Veralto during the second quarter valued at about $50,000. Institutional investors own 91.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on VLTO shares. Weiss Ratings downgraded Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. UBS Group set a $102.00 target price on shares of Veralto and gave the stock a “neutral” rating in a research note on Friday, February 6th. Royal Bank Of Canada lowered their price target on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th. Barclays reissued an “overweight” rating and issued a $117.00 price objective on shares of Veralto in a research note on Thursday, February 5th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $108.22.

Veralto Trading Down 0.5%

Shares of VLTO opened at $92.63 on Tuesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52. The company has a 50 day simple moving average of $98.60 and a two-hundred day simple moving average of $101.79. Veralto Corporation has a 1 year low of $83.86 and a 1 year high of $110.11. The firm has a market cap of $23.00 billion, a P/E ratio of 24.70, a price-to-earnings-growth ratio of 2.66 and a beta of 0.89.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the firm posted $0.95 EPS. Veralto’s revenue for the quarter was up 3.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. On average, equities analysts expect that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This is a boost from Veralto’s previous quarterly dividend of $0.11. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s dividend payout ratio is currently 13.87%.

Insiders Place Their Bets

In other Veralto news, SVP Mattias Bystrom sold 1,000 shares of Veralto stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $101.73, for a total value of $101,730.00. Following the sale, the senior vice president owned 31,430 shares of the company’s stock, valued at $3,197,373.90. The trade was a 3.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.36% of the stock is owned by corporate insiders.

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. This segment provides water solutions, including chemical reagents, services, and digital solutions.