Savant Capital LLC Sells 12,260 Shares of Veralto Corporation $VLTO

Savant Capital LLC decreased its position in Veralto Corporation (NYSE:VLTO) by 45.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,466 shares of the company’s stock after selling 12,260 shares during the quarter. Savant Capital LLC’s holdings in Veralto were worth $1,443,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Redmond Asset Management LLC raised its position in shares of Veralto by 1.5% in the fourth quarter. Redmond Asset Management LLC now owns 18,084 shares of the company’s stock valued at $1,804,000 after purchasing an additional 266 shares during the period. Geode Capital Management LLC raised its position in shares of 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 period. Allstate Corp raised its position in shares of Veralto by 105.1% in the fourth quarter. Allstate Corp now owns 17,607 shares of the company’s stock valued at $1,757,000 after purchasing an additional 9,023 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Veralto by 82.2% in the fourth 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. Finally, Fisher Asset Management LLC raised its position in shares of Veralto by 8.9% in the fourth quarter. Fisher Asset Management LLC now owns 12,682 shares of the company’s stock valued at $1,265,000 after purchasing an additional 1,041 shares during the period. Institutional investors own 91.28% of the company’s stock.

Veralto Trading Up 1.8%

Shares of Veralto stock opened at $83.72 on Tuesday. The firm has a market capitalization of $20.56 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.32 and a beta of 0.77. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The company’s fifty day moving average price is $87.63 and its two-hundred day moving average price is $94.27. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.95 EPS. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, analysts expect that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s payout ratio is currently 13.44%.

Analyst Upgrades and Downgrades

VLTO has been the topic of a number of recent analyst reports. Citigroup dropped their price target on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. UBS Group boosted their target price on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Royal Bank Of Canada boosted their target price on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Robert W. Baird set a $103.00 target price on shares of Veralto in a research report on Thursday, April 30th. Finally, Jefferies Financial Group assumed coverage on shares of Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price on the stock. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Veralto presently has a consensus rating of “Hold” and an average price target of $105.88.

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.