Nykredit A S Invests $7.65 Million in Veralto Corporation $VLTO

Nykredit A S purchased a new position in Veralto Corporation (NYSE:VLTO) during the second quarter, HoldingsChannel.com reports. The fund purchased 86,262 shares of the company’s stock, valued at approximately $7,650,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in VLTO. Nwam LLC increased its position in Veralto by 64.5% during the 2nd quarter. Nwam LLC now owns 11,573 shares of the company’s stock valued at $1,026,000 after buying an additional 4,537 shares in the last quarter. New Mexico Educational Retirement Board grew its stake in shares of Veralto by 8.8% in the second quarter. New Mexico Educational Retirement Board now owns 12,411 shares of the company’s stock worth $1,101,000 after acquiring an additional 1,000 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Veralto by 79.7% in the second quarter. Wellington Management Group LLP now owns 406,475 shares of the company’s stock worth $36,046,000 after acquiring an additional 180,315 shares during the last quarter. Ratan Capital Management LP bought a new position in shares of Veralto during the second quarter valued at $165,000. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Veralto in the 2nd quarter worth about $180,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. UBS Group upped their price target 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. BNP Paribas Exane restated an “outperform” rating and set a $120.00 price objective (up from $115.00) on shares of Veralto in a research note on Thursday, July 30th. Barclays lifted their target price on shares of Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a 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. Finally, Citigroup increased their price target on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Veralto presently has an average rating of “Moderate Buy” and a consensus price target of $110.90.

Veralto Trading Down 1.6%

Shares of NYSE:VLTO opened at $96.34 on Friday. 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 1 year low of $80.03 and a 1 year high of $109.86. The company has a market cap of $23.49 billion, a P/E ratio of 24.33, a PEG ratio of 2.73 and a beta of 0.60. The stock’s fifty day moving average price is $95.22 and its 200-day moving average price is $90.83.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, topping 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 company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period last year, the company earned $0.93 EPS. Veralto’s revenue for the quarter 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. Sell-side analysts expect that Veralto Corporation will post 4.41 earnings per share for the current year.

Insider Transactions at Veralto

In other news, SVP Surekha Trivedi sold 986 shares of the business’s stock in a transaction that occurred 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 directly owned 8,565 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available at 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 stock in a transaction that occurred on 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 approximately $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. In the last ninety days, insiders have sold 15,180 shares of company stock worth $1,490,394. Insiders own 0.43% of the company’s stock.

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.