Groupe la Francaise Has $11.59 Million Stock Position in Veralto Corporation $VLTO

Groupe la Francaise lifted its holdings in Veralto Corporation (NYSE:VLTO) by 18.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 130,703 shares of the company’s stock after purchasing an additional 20,294 shares during the quarter. Groupe la Francaise’s holdings in Veralto were worth $11,594,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. California State Teachers Retirement System grew its stake in Veralto by 8,155.1% in the second quarter. California State Teachers Retirement System now owns 33,644,305 shares of the company’s stock valued at $2,983,577,000 after purchasing an additional 33,236,748 shares in the last quarter. State Street Corp lifted its position in shares of Veralto by 2.6% in the fourth quarter. State Street Corp now owns 10,720,184 shares of the company’s stock valued at $1,071,035,000 after buying an additional 270,356 shares during the last quarter. Geode Capital Management LLC raised its stake in Veralto by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock valued at $720,876,000 after acquiring an additional 126,814 shares during the period. First Trust Advisors LP boosted its position in Veralto by 31.5% during the first quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock worth $543,817,000 after purchasing an additional 1,472,304 shares during the period. Finally, Invesco Ltd. raised its position in shares of Veralto by 6.3% in the fourth quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock valued at $458,493,000 after purchasing an additional 272,036 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.

Insider Transactions at Veralto

In other Veralto news, CEO Jennifer Honeycutt sold 7,097 shares of the business’s stock in a transaction that occurred 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 directly owned 124,085 shares of the company’s stock, valued at approximately $12,597,109.20. The trade was a 5.41% decrease in their position. The sale 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, SVP Surekha Trivedi sold 986 shares of Veralto stock in a transaction that occurred 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 transaction, the senior vice president directly owned 8,565 shares in the company, valued at approximately $831,233.25. The trade was a 10.32% 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. Insiders sold a total of 15,180 shares of company stock worth $1,490,394 in the last 90 days. 0.43% of the stock is currently owned by company insiders.

Veralto Price Performance

Shares of NYSE:VLTO opened at $96.34 on Monday. Veralto Corporation has a twelve month low of $80.03 and a twelve month high of $109.86. The stock’s 50 day moving average is $95.22 and its 200-day moving average is $90.81. The company has a quick ratio of 1.61, a current ratio of 1.78 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $23.49 billion, a price-to-earnings ratio of 24.33, a PEG ratio of 2.73 and a beta of 0.60.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the previous year, the business posted $0.93 EPS. Veralto’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. Sell-side analysts forecast that Veralto Corporation will post 4.41 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VLTO. UBS Group boosted their price objective on Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Wolfe Research reiterated an “outperform” rating and issued a $109.00 price target on shares of Veralto in a research note on Thursday, July 9th. Barclays increased their target price on Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Stifel Nicolaus boosted their target price on shares of Veralto from $111.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $110.90.

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.