Veralto (NYSE:VLTO) SVP Surekha Trivedi Sells 986 Shares of Stock

Veralto Corporation (NYSE:VLTO) SVP Surekha Trivedi sold 986 shares of the stock in a transaction dated 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 transaction, the senior vice president directly owned 8,565 shares of the company’s stock, valued at $831,233.25. This represents a 10.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Veralto Price Performance

Shares of VLTO stock opened at $100.09 on Thursday. The firm has a fifty day moving average of $91.94 and a two-hundred day moving average of $90.45. The firm has a market cap 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. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. 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 (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the business earned $0.93 EPS. The business’s quarterly revenue was up 7.5% on a year-over-year basis. 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 anticipate that Veralto Corporation will post 4.4 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Veralto

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. New Mexico Educational Retirement Board raised its holdings in Veralto by 8.8% during the second quarter. New Mexico Educational Retirement Board now owns 12,411 shares of the company’s stock valued at $1,101,000 after buying an additional 1,000 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Veralto by 79.7% in the 2nd quarter. Wellington Management Group LLP now owns 406,475 shares of the company’s stock worth $36,046,000 after purchasing an additional 180,315 shares during the last quarter. Ratan Capital Management LP bought a new stake in Veralto during the second quarter worth approximately $165,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Veralto in the second quarter worth $180,000. Finally, North Star Asset Management Inc. acquired a new position in Veralto during the 2nd quarter worth $622,000. Institutional investors own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on VLTO shares. Citigroup raised their price objective on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Robert W. Baird set a $111.00 target price on shares of Veralto in a research note on Thursday, July 30th. Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a report on Wednesday, June 24th. Barclays lifted 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. Finally, Stifel Nicolaus upped their price target on Veralto from $111.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Veralto presently has a consensus rating of “Moderate Buy” and a consensus price target 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.