California State Teachers Retirement System Cuts Stock Position in Veralto Corporation $VLTO

California State Teachers Retirement System lessened its holdings in Veralto Corporation (NYSE:VLTO) by 1.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 407,557 shares of the company’s stock after selling 7,972 shares during the quarter. California State Teachers Retirement System owned 0.17% of Veralto worth $36,036,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in VLTO. Laurel Wealth Advisors LLC purchased a new position in shares of Veralto in the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after buying an additional 129 shares during the last quarter. Creative Capital Management Investments LLC increased its holdings 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 buying an additional 107 shares during the last quarter. DV Equities LLC bought a new stake in Veralto in the fourth quarter worth about $35,000. Finally, Elyxium Wealth LLC purchased a new position in Veralto in the fourth quarter valued at about $37,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VLTO has been the subject of a number of research reports. UBS Group increased their target price on shares of Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday. Robert W. Baird set a $111.00 price target on shares of Veralto in a report on Thursday. Royal Bank Of Canada upped their price objective on Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a research note on Thursday. Wolfe Research reissued an “outperform” rating and set a $109.00 price objective on shares of Veralto in a report on Thursday, July 9th. Finally, Barclays raised their target price on Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a research report on Thursday. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $110.90.

Insider Transactions at Veralto

In other Veralto news, CEO Jennifer Honeycutt sold 7,097 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total transaction of $720,487.44. Following the sale, the chief executive officer owned 124,085 shares in the company, valued at $12,597,109.20. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by insiders.

Veralto Price Performance

Shares of NYSE:VLTO opened at $94.34 on Friday. The firm has a market capitalization of $23.00 billion, a PE ratio of 23.82, a P/E/G ratio of 2.57 and a beta of 0.63. The company has a quick ratio of 1.32, a current ratio of 1.78 and a debt-to-equity ratio of 0.86. The company has a 50-day moving average price of $88.62 and a two-hundred day moving average price of $90.90. Veralto Corporation has a twelve month low of $80.03 and a twelve month high of $110.11.

Veralto (NYSE:VLTO) last posted its quarterly earnings results 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. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.93 earnings per share. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Equities analysts forecast that Veralto Corporation will post 4.41 EPS for the current year.

Veralto Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s payout ratio is presently 13.13%.

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.