Knuff & Co LLC Acquires New Holdings in Veralto Corporation $VLTO

Knuff & Co LLC bought a new position in shares of Veralto Corporation (NYSE:VLTO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 6,983 shares of the company’s stock, valued at approximately $619,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its stake in shares of Veralto by 0.7% in the third quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock worth $1,682,000 after purchasing an additional 109 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Veralto by 18.9% during the 3rd quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock worth $78,000 after buying an additional 117 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of 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 buying an additional 129 shares during the last quarter. Valeo Financial Advisors LLC increased its stake in shares of Veralto by 5.0% in the second quarter. Valeo Financial Advisors LLC now owns 2,751 shares of the company’s stock valued at $244,000 after buying an additional 131 shares during the period. Finally, Nolet Wealth Management LLC raised its position in shares of Veralto by 1.0% during the second quarter. Nolet Wealth Management LLC now owns 15,277 shares of the company’s stock worth $1,355,000 after acquiring an additional 146 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Veralto

In other Veralto news, SVP Surekha Trivedi sold 986 shares of Veralto stock in a transaction 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 sale, the senior vice president directly owned 8,565 shares of the company’s stock, valued at approximately $831,233.25. The trade was a 10.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jennifer Honeycutt sold 7,097 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total transaction of $720,487.44. Following the transaction, 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 position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 15,180 shares of company stock worth $1,490,394. 0.43% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VLTO. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a report on Wednesday, June 24th. Barclays boosted their price target on shares of Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Citigroup upped their price objective on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Stifel Nicolaus increased their price objective on shares of Veralto from $111.00 to $114.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, UBS Group lifted their target price on shares of Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $110.90.

Veralto Trading Up 4.2%

NYSE VLTO opened at $100.09 on Thursday. The stock has a market capitalization of $24.40 billion, a P/E ratio of 25.28, a P/E/G ratio of 2.61 and a beta of 0.60. The business has a 50 day simple moving average of $91.94 and a 200 day simple moving average of $90.45. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61. Veralto Corporation has a one year low of $80.03 and a one year high of $110.11.

Veralto (NYSE:VLTO) last issued 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 firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The company’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Research analysts expect that Veralto Corporation will post 4.4 earnings per share for the current year.

About Veralto

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.