Pacer Advisors Inc. Has $2.09 Million Holdings in Veralto Corporation $VLTO

Pacer Advisors Inc. trimmed its holdings in Veralto Corporation (NYSE:VLTO) by 23.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,674 shares of the company’s stock after selling 7,132 shares during the quarter. Pacer Advisors Inc.’s holdings in Veralto were worth $2,093,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new position in Veralto during the 4th quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Veralto by 82.2% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after purchasing an additional 129 shares during the period. Creative Capital Management Investments LLC grew its position in Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the last quarter. DV Equities LLC bought a new position in shares of Veralto during the 4th quarter worth about $35,000. Finally, Elyxium Wealth LLC bought a new position in shares of Veralto during the 4th quarter worth about $37,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Price Performance

Shares of Veralto stock opened at $98.35 on Friday. The firm has a market cap of $23.98 billion, a P/E ratio of 24.84, a price-to-earnings-growth ratio of 2.66 and a beta of 0.60. The firm’s 50-day simple moving average is $89.85 and its 200-day simple moving average is $90.72. Veralto Corporation has a twelve month low of $80.03 and a twelve month high of $110.11. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.61 and a current ratio of 1.78.

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, topping the consensus estimate of $1.01 by $0.10. The firm had revenue of $1.47 billion during 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 prior year, the business 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. As a group, research analysts expect that Veralto Corporation will post 4.4 EPS for the current fiscal year.

Veralto Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. Veralto’s dividend payout ratio is presently 13.13%.

Insider Activity

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 124,085 shares in the company, valued at $12,597,109.20. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on VLTO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. UBS Group boosted their price target on Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Barclays upped their price target on Veralto from $113.00 to $117.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Robert W. Baird set a $111.00 price objective on Veralto in a research report on Thursday, July 30th. Finally, Stifel Nicolaus lifted their price objective on Veralto from $111.00 to $114.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.