Veralto Corporation $VLTO Stock Position Boosted by Defender Capital LLC.

Defender Capital LLC. lifted its position in Veralto Corporation (NYSE:VLTOFree Report) by 3.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 248,501 shares of the company’s stock after acquiring an additional 8,868 shares during the period. Veralto accounts for 7.2% of Defender Capital LLC.’s holdings, making the stock its 5th largest position. Defender Capital LLC.’s holdings in Veralto were worth $22,037,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VLTO. Brighton Jones LLC boosted its stake in Veralto by 16.1% during the 4th 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Veralto by 5.3% in the first 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 last quarter. Empowered Funds LLC raised its position in shares of Veralto by 20.4% in the first quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $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 first quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock valued at $81,000 after buying an additional 421 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in shares of Veralto in the second quarter worth about $201,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Insiders Place Their Bets

In other news, 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 value of $720,487.44. Following the completion of the sale, the chief executive officer owned 124,085 shares of the company’s stock, valued at $12,597,109.20. This represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on VLTO shares. Royal Bank Of Canada boosted their price target on shares of Veralto from $100.00 to $109.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 30th. Robert W. Baird set a $111.00 price objective on shares of Veralto in a report on Thursday, July 30th. Citigroup raised their target price on shares of Veralto from $102.00 to $107.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Wolfe Research restated an “outperform” rating and set a $109.00 target price on shares of Veralto in a report on Thursday, July 9th. Finally, BNP Paribas Exane restated an “outperform” rating and issued a $120.00 price target (up from $115.00) on shares of Veralto in a research report on Thursday, July 30th. Six equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $110.90.

Read Our Latest Research Report on VLTO

Veralto Stock Down 1.2%

Shares of VLTO opened at $97.17 on Tuesday. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11. 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 stock has a fifty day simple moving average of $90.12 and a two-hundred day simple moving average of $90.60. The company has a market capitalization of $23.69 billion, a PE ratio of 24.54, a price-to-earnings-growth ratio of 2.67 and a beta of 0.60.

Veralto (NYSE:VLTOGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.10. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter in the previous year, the company posted $0.93 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. As a group, equities analysts forecast that Veralto Corporation will post 4.4 EPS for the current year.

Veralto Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, June 30th. Veralto’s payout ratio is presently 13.13%.

Veralto Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding VLTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Veralto Corporation (NYSE:VLTOFree Report).

Institutional Ownership by Quarter for Veralto (NYSE:VLTO)

Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.com's FREE daily email newsletter.