Veralto Corporation $VLTO Shares Sold by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC lessened its stake in shares of Veralto Corporation (NYSE:VLTO) by 43.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,089 shares of the company’s stock after selling 12,276 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Veralto were worth $1,605,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VLTO. Compass Wealth Management LLC bought a new position in shares of Veralto in the third quarter worth about $6,708,000. Robeco Institutional Asset Management B.V. grew its position in shares of 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 worth $119,658,000 after purchasing an additional 39,803 shares in the last quarter. LGT Capital Partners LTD. purchased a new stake in shares of Veralto during the third quarter worth about $2,068,000. First Trust Advisors LP grew its position in shares of Veralto by 24.3% during the third quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock worth $374,042,000 after purchasing an additional 685,614 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Veralto by 30.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,602 shares of the company’s stock worth $6,147,000 after purchasing an additional 14,219 shares in the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Trading Down 0.1%

VLTO opened at $84.76 on Monday. The firm’s fifty day moving average is $89.03 and its two-hundred day moving average is $95.35. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. Veralto Corporation has a twelve month low of $84.45 and a twelve month high of $110.11. The firm has a market cap of $20.82 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 2.39 and a beta of 0.77.

Veralto (NYSE:VLTO) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Equities research analysts anticipate that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a $0.13 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto’s payout ratio is 13.44%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on VLTO shares. Barclays lowered their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Jefferies Financial Group began coverage on Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target for the company. Citigroup decreased their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. UBS Group boosted their price objective on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Robert W. Baird set a $103.00 price objective on Veralto in a report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $105.88.

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.