Surekha Trivedi Sells 986 Shares of Veralto (NYSE:VLTO) Stock

Veralto Corporation (NYSE:VLTO) SVP Surekha Trivedi sold 986 shares of the business’s stock in a transaction 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 completion of the transaction, the senior vice president owned 8,565 shares of the company’s stock, valued at $831,233.25. This trade represents a 10.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Veralto Trading Down 0.8%

Shares of Veralto stock opened at $99.25 on Friday. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $110.11. The firm has a market cap of $24.20 billion, a PE ratio of 25.06, a P/E/G ratio of 2.72 and a beta of 0.60. The business’s fifty day moving average is $92.27 and its two-hundred day moving average is $90.46. The company has a quick ratio of 1.61, a current ratio of 1.78 and a debt-to-equity ratio of 0.86.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.10. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.93 earnings per share. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Analysts anticipate that Veralto Corporation will post 4.4 earnings per share for the current year.

Institutional Trading of Veralto

A number of institutional investors have recently modified their holdings of VLTO. Laurel Wealth Advisors LLC acquired a new position in Veralto during the fourth quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after buying an additional 129 shares during the period. DV Equities LLC acquired a new stake in shares of Veralto in the fourth quarter worth $35,000. Elyxium Wealth LLC acquired a new stake in shares of Veralto in the fourth quarter worth $37,000. Finally, Headlands Technologies LLC purchased a new position in shares of Veralto in the 2nd quarter valued at $44,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Analyst Ratings Changes

VLTO has been the subject of several recent analyst reports. Royal Bank Of Canada lifted their price target on Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a 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. Barclays raised their target price on shares of Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Citigroup boosted their target price on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a research report on Wednesday, June 24th. Six research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Veralto currently has a consensus rating of “Moderate Buy” and an average price target of $110.90.

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.