Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Veralto Corporation (NYSE:VLTO). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Veralto stock on April 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
Veralto Stock Up 0.3%
Shares of NYSE VLTO traded up $0.22 on Tuesday, reaching $86.79. 1,743,725 shares of the company’s stock traded hands, compared to its average volume of 2,002,550. Veralto Corporation has a 12 month low of $84.99 and a 12 month high of $110.11. The business’s 50 day simple moving average is $89.66 and its two-hundred day simple moving average is $95.76. The company has a market cap of $21.32 billion, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 2.44 and a beta of 0.77. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65.
Veralto Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is currently 13.44%.
Analysts Set New Price Targets
VLTO has been the topic of a number of recent analyst reports. Citigroup cut their price target on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Jefferies Financial Group initiated coverage on shares of Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target on the stock. Barclays cut their price target on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Royal Bank Of Canada increased their price target on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $105.88.
View Our Latest Report on Veralto
Institutional Investors Weigh In On Veralto
Several institutional investors and hedge funds have recently added to or reduced their stakes in VLTO. Compass Wealth Management LLC acquired a new position in Veralto during the third quarter valued at $6,708,000. Spire Wealth Management lifted its position in Veralto by 1,579.5% during the third quarter. Spire Wealth Management now owns 12,311 shares of the company’s stock valued at $1,312,000 after purchasing an additional 11,578 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in Veralto by 3.4% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,199,220 shares of the company’s stock valued at $119,658,000 after purchasing an additional 39,803 shares during the period. LGT Capital Partners LTD. acquired a new position in Veralto during the third quarter valued at $2,068,000. Finally, Wolverine Asset Management LLC acquired a new position in Veralto during the third quarter valued at $1,919,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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.
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