Veralto (NYSE:VLTO) CEO Jennifer Honeycutt Sells 7,097 Shares

Veralto Corporation (NYSE:VLTOGet Free Report) CEO Jennifer Honeycutt sold 7,097 shares of the stock in a transaction dated Friday, July 17th. The stock was sold at an average price of $95.00, for a total value of $674,215.00. Following the sale, the chief executive officer owned 124,085 shares of the company’s stock, valued at $11,788,075. This represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Veralto Trading Up 4.3%

Shares of VLTO opened at $98.34 on Wednesday. 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 Corporation has a 1 year low of $80.03 and a 1 year high of $110.11. The company has a 50 day simple moving average of $88.05 and a two-hundred day simple moving average of $90.96. The firm has a market cap of $24.15 billion, a P/E ratio of 25.41, a price-to-earnings-growth ratio of 2.66 and a beta of 0.63.

Veralto (NYSE:VLTOGet Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.10. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter last year, the business posted $0.93 earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. On average, equities analysts expect that Veralto Corporation will post 4.24 earnings per share for the current fiscal year.

Veralto Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio is 13.44%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Royal Bank Of Canada boosted their target price on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Stifel Nicolaus raised their price target on Veralto from $110.00 to $111.00 and gave the company a “buy” rating in a report on Monday, July 20th. Citigroup reduced their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Wolfe Research reaffirmed an “outperform” rating and set a $109.00 price objective on shares of Veralto in a report on Thursday, July 9th. Finally, UBS Group increased their target price on 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, Veralto presently has an average rating of “Hold” and a consensus price target of $106.33.

Read Our Latest Analysis on VLTO

Key Stories Impacting Veralto

Here are the key news stories impacting Veralto this week:

  • Positive Sentiment: Second-quarter earnings beat estimates. Veralto reported adjusted earnings of $1.11 per share, up from $0.93 a year earlier and above the roughly $1.00–$1.01 analyst consensus. Veralto Q2 Earnings and Revenues Surpass Estimates
  • Positive Sentiment: Revenue also exceeded expectations. Quarterly revenue totaled $1.47 billion, compared with analyst forecasts of approximately $1.45 billion. Veralto posted a 17.33% net margin and 34.63% return on equity, supporting the view that profitability remains strong. Veralto Reports Second Quarter 2026 Results
  • Positive Sentiment: Full-year earnings guidance was raised above consensus. Veralto projected fiscal 2026 earnings of $4.35–$4.43 per share, compared with the prior consensus estimate of $4.25. This upward outlook revision is likely the most important catalyst for the favorable investor response.
  • Neutral Sentiment: Third-quarter guidance was essentially in line. The company forecast earnings of $1.06–$1.09 per share, versus consensus of $1.07, suggesting continued growth but limited near-term upside relative to expectations.
  • Neutral Sentiment: CEO stock sale creates a minor overhang. CEO Jennifer Honeycutt sold 7,097 shares worth about $674,000 under a pre-arranged Rule 10b5-1 trading plan. She continued to own 124,085 shares, reducing the likelihood that investors view the transaction as a signal about business prospects. SEC Insider Transaction Filing

Institutional Trading of Veralto

Several hedge funds have recently made changes to their positions in VLTO. Tema ETFs LLC grew its position in Veralto by 9.8% in the second quarter. Tema ETFs LLC now owns 4,884 shares of the company’s stock worth $433,000 after acquiring an additional 435 shares in the last quarter. Nolet Wealth Management LLC raised its position in Veralto by 1.0% during the second quarter. Nolet Wealth Management LLC now owns 15,277 shares of the company’s stock valued at $1,355,000 after purchasing an additional 146 shares during the period. E. Ohman J or Asset Management AB lifted its stake in shares of Veralto by 44.3% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 11,727 shares of the company’s stock valued at $1,040,000 after purchasing an additional 3,600 shares during the last quarter. Handelsbanken Fonder AB lifted its stake in shares of Veralto by 9.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 219,254 shares of the company’s stock valued at $19,443,000 after purchasing an additional 18,277 shares during the last quarter. Finally, Defender Capital LLC. boosted its holdings in shares of Veralto by 3.7% in the 2nd quarter. Defender Capital LLC. now owns 248,501 shares of the company’s stock worth $22,037,000 after purchasing an additional 8,868 shares during the period. 91.28% of the stock is currently owned by hedge funds and other institutional investors.

About Veralto

(Get Free Report)

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.

Further Reading

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