Veralto (NYSE:VLTO) SVP Sells $95,691.30 in Stock

Veralto Corporation (NYSE:VLTO) SVP Surekha Trivedi sold 986 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $97.05, for a total value of $95,691.30. Following the completion of the transaction, the senior vice president owned 8,565 shares in the company, valued at $831,233.25. This represents a 10.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Veralto Stock Down 0.5%

Shares of NYSE:VLTO opened at $98.94 on Friday. The business’s 50 day moving average is $92.58 and its 200 day moving average is $90.51. Veralto Corporation has a 12-month low of $80.03 and a 12-month high of $110.11. The stock has a market cap of $24.12 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 2.70 and a beta of 0.60. The company has a quick ratio of 1.61, a current ratio of 1.78 and a debt-to-equity ratio of 0.86.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same period in the prior year, the firm posted $0.93 EPS. Veralto’s quarterly revenue 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, sell-side analysts forecast that Veralto Corporation will post 4.4 earnings per share for the current fiscal year.

Institutional Trading of Veralto

Hedge funds have recently added to or reduced their stakes in the stock. State Street Corp grew its position in shares of Veralto by 2.6% during the 4th quarter. State Street Corp now owns 10,720,184 shares of the company’s stock valued at $1,071,035,000 after acquiring an additional 270,356 shares during the period. Geode Capital Management LLC lifted its stake in Veralto by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock valued at $720,876,000 after purchasing an additional 126,814 shares during the last quarter. First Trust Advisors LP lifted its stake in Veralto by 31.5% in the first quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock valued at $543,817,000 after purchasing an additional 1,472,304 shares during the last quarter. Invesco Ltd. grew its holdings in Veralto by 6.3% during the fourth quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock valued at $458,493,000 after purchasing an additional 272,036 shares during the period. Finally, Amundi grew its holdings in Veralto by 16.3% during the first quarter. Amundi now owns 3,797,526 shares of the company’s stock valued at $335,785,000 after purchasing an additional 531,478 shares during the period. Institutional investors own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VLTO. Citigroup boosted their price target on shares of Veralto from $102.00 to $107.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Veralto in a research report on Wednesday, June 24th. Royal Bank Of Canada boosted their target price on Veralto from $100.00 to $109.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 30th. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $120.00 target price (up from $115.00) on shares of Veralto in a report on Thursday, July 30th. Finally, Robert W. Baird set a $111.00 price target on Veralto in a research report on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.90.

Veralto Company 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.