Veralto Corporation $VLTO Stock Acquired by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB grew its holdings in Veralto Corporation (NYSE:VLTO) by 1,914.0% during the third quarter, HoldingsChannel reports. The fund owned 236,177 shares of the company’s stock after purchasing an additional 224,450 shares during the period. E. Ohman J or Asset Management AB’s holdings in Veralto were worth $22,276,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vest Financial LLC raised its holdings in Veralto by 15.7% during the third quarter. Vest Financial LLC now owns 854,460 shares of the company’s stock worth $80,593,000 after purchasing an additional 116,143 shares in the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of Veralto by 2.2% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 54,440 shares of the company’s stock valued at $5,135,000 after buying an additional 1,176 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Veralto by 1.2% in the 3rd quarter. Quadrant Capital Group LLC now owns 12,100 shares of the company’s stock valued at $1,198,000 after buying an additional 141 shares in the last quarter. Nisa Investment Advisors LLC grew its position in shares of Veralto by 1.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 52,325 shares of the company’s stock valued at $4,942,000 after buying an additional 823 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Veralto by 1.8% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 50,481 shares of the company’s stock valued at $4,761,000 after buying an additional 891 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Price Performance

Shares of VLTO opened at $104.78 on Friday. 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 Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $105.75. The firm has a 50-day simple moving average of $97.38 and a 200-day simple moving average of $92.17. The company has a market capitalization of $25.54 billion, a price-to-earnings ratio of 24.06, a price-to-earnings-growth ratio of 2.87 and a beta of 0.62.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, beating the consensus estimate of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the prior year, the business earned $0.93 EPS. The firm’s 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, equities research analysts anticipate that Veralto Corporation will post 4.41 earnings per share for the current year.

Veralto Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be paid 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 is Wednesday, September 30th. Veralto’s dividend payout ratio is 13.13%.

Analyst Upgrades and Downgrades

VLTO has been the subject of a number of research reports. Wolfe Research reissued an “outperform” rating and issued a $125.00 price target on shares of Veralto in a research report on Tuesday, September 15th. UBS Group raised their price objective on Veralto from $104.00 to $106.00 and gave the stock a “neutral” rating in a report on Monday, October 5th. Weiss Ratings upgraded Veralto from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. BNP Paribas Exane reissued 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 target price on Veralto in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $112.60.

Insider Buying and Selling at Veralto

In other Veralto news, SVP Surekha Trivedi sold 986 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $97.05, for a total transaction of $95,691.30. Following the completion of the transaction, the senior vice president owned 8,565 shares in the company, valued at approximately $831,233.25. This represents a 10.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jennifer Honeycutt sold 7,097 shares of the firm’s 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 completion of the sale, the chief executive officer owned 124,085 shares of the company’s stock, valued at $12,597,109.20. This trade 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. 0.43% of the stock is owned by company insiders.

Veralto Profile

Veralto Corporation (NYSE: VLTO) is a global provider of technology, products and services that help customers manage water quality and improve the quality, safety and efficiency of packaged goods. The company serves municipal, industrial, commercial and consumer-facing markets through a portfolio of operating businesses.

Veralto’s Water Quality segment provides instruments, software and services used to test, monitor and treat water and wastewater. Its brands include Hach, Trojan Technologies and ChemTreat, which support applications such as laboratory and field testing, disinfection, water treatment and industrial water management.

The company’s Product Quality & Innovation segment supplies technologies used in product identification, packaging design, color management and quality inspection.