Veralto Corporation $VLTO Shares Sold by King Luther Capital Management Corp

King Luther Capital Management Corp decreased its holdings in Veralto Corporation (NYSE:VLTO) by 2.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 446,331 shares of the company’s stock after selling 12,696 shares during the quarter. King Luther Capital Management Corp owned approximately 0.18% of Veralto worth $47,583,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC raised its stake in Veralto by 16.1% during the fourth quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after purchasing an additional 479 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Veralto by 5.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after buying an additional 1,306 shares during the period. Empowered Funds LLC increased its holdings in shares of Veralto by 20.4% during the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock worth $443,000 after buying an additional 770 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Veralto by 102.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after buying an additional 421 shares during the period. Finally, Sivia Capital Partners LLC acquired a new position in Veralto in the second quarter valued at $201,000. 91.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Stifel Nicolaus set a $118.00 price target on Veralto in a research note on Thursday, February 5th. Robert W. Baird set a $108.00 target price on Veralto in a report on Thursday, February 5th. Jefferies Financial Group restated a “hold” rating on shares of Veralto in a report on Wednesday, February 4th. Barclays reaffirmed an “overweight” rating and set a $117.00 price target on shares of Veralto in a research report on Thursday, February 5th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $108.22.

Insider Activity at Veralto

In other news, SVP Mattias Bystrom sold 1,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $101.73, for a total transaction of $101,730.00. Following the completion of the transaction, the senior vice president directly owned 31,430 shares in the company, valued at approximately $3,197,373.90. This represents a 3.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.36% of the company’s stock.

Veralto Price Performance

Shares of VLTO stock opened at $94.37 on Thursday. The firm has a fifty day simple moving average of $98.96 and a 200-day simple moving average of $102.12. The company has a market capitalization of $23.43 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 2.63 and a beta of 0.89. Veralto Corporation has a twelve month low of $83.86 and a twelve month high of $110.11. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.06. The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The firm’s quarterly revenue was up 3.8% 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 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. Equities research analysts anticipate that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.13 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.52 annualized dividend and a yield of 0.6%. This is a boost from Veralto’s previous quarterly dividend of $0.11. Veralto’s dividend payout ratio (DPR) is presently 13.87%.

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.