Swedbank AB Sells 134,414 Shares of Veralto Corporation $VLTO

Swedbank AB reduced its position in shares of Veralto Corporation (NYSE:VLTO) by 10.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,098,118 shares of the company’s stock after selling 134,414 shares during the quarter. Swedbank AB owned 0.44% of Veralto worth $109,570,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VLTO. Laurel Wealth Advisors LLC bought a new stake in Veralto during the fourth quarter worth $25,000. Root Financial Partners LLC bought a new stake in Veralto during the third quarter worth $27,000. Goodman Advisory Group LLC bought a new stake in Veralto during the third quarter worth $29,000. Board of the Pension Protection Fund bought a new stake in Veralto during the fourth quarter worth $30,000. Finally, Creative Capital Management Investments LLC raised its position in Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after acquiring an additional 107 shares in the last quarter. 91.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on VLTO. Royal Bank Of Canada upped their price target on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Robert W. Baird set a $103.00 price target on shares of Veralto in a research report on Thursday, April 30th. BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Citigroup dropped their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Finally, UBS Group increased their price objective on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $105.88.

Veralto Price Performance

Shares of VLTO opened at $86.98 on Friday. The firm has a market capitalization of $21.36 billion, a PE ratio of 22.47, a PEG ratio of 2.45 and a beta of 0.77. The company’s 50-day moving average is $88.33 and its 200-day moving average is $94.90. Veralto Corporation has a fifty-two week low of $84.45 and a fifty-two week high of $110.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32.

Veralto (NYSE:VLTO) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The company’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Equities analysts forecast that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is currently 13.44%.

Veralto Profile

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.