Veralto (NYSE:VLTO) Stock: Insider Jennifer Honeycutt Sells 7,098 Shares

Veralto Corporation (NYSE:VLTO) CEO Jennifer Honeycutt sold 7,098 shares of the company’s stock in a transaction on Friday, October 23rd. The shares were sold at an average price of $105.00, for a total value of $745,290.00. Following the sale, the chief executive officer owned 120,060 shares of the company’s stock, valued at approximately $12,606,300. This trade represents a 5.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jennifer Honeycutt also recently made the following trade(s):

• On Wednesday, July 29th, Jennifer Honeycutt sold 7,097 shares of Veralto stock. The shares were sold at an average price of $101.52, for a total value of $720,487.44.

Veralto Stock Performance

VLTO stock traded down $0.38 during trading on Friday, reaching $104.52. The stock had a trading volume of 1,129,271 shares, compared to its average volume of 1,960,320. The firm has a market cap of $25.48 billion, a PE ratio of 26.39, a PEG ratio of 2.87 and a beta of 0.62. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average is $97.38 and its two-hundred day moving average is $92.17. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $105.75.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the company posted $0.93 EPS. The business’s quarterly 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 anticipate that Veralto Corporation will post 4.41 earnings per share for the current year.

Veralto Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, September 30th. Veralto’s payout ratio is 13.13%.

Analyst Ratings Changes

Several brokerages have recently weighed in on VLTO. Robert W. Baird set a $111.00 price target on shares of Veralto in a research note on Thursday, July 30th. Barclays upped their price objective on Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Jefferies Financial Group raised Veralto to a “strong-buy” rating in a report on Monday, October 12th. Wall Street Zen upgraded Veralto from a “hold” rating to a “buy” rating in a research report on Saturday, October 3rd. Finally, Weiss Ratings raised Veralto from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $112.60.

Institutional Trading of Veralto

Institutional investors and hedge funds have recently modified their holdings of the company. Signaturefd LLC lifted its stake in shares of Veralto by 17.9% during the 3rd quarter. Signaturefd LLC now owns 3,332 shares of the company’s stock valued at $314,000 after buying an additional 506 shares in the last quarter. Citizens Financial Group Inc. RI increased its stake in Veralto by 60.1% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 8,829 shares of the company’s stock worth $833,000 after buying an additional 3,316 shares in the last quarter. Evergreen Capital Management LLC increased its stake in Veralto by 160.7% in the 3rd quarter. Evergreen Capital Management LLC now owns 7,755 shares of the company’s stock worth $732,000 after buying an additional 4,780 shares in the last quarter. RWC Asset Management LLP increased its stake in Veralto by 10.7% in the 3rd quarter. RWC Asset Management LLP now owns 5,725 shares of the company’s stock worth $540,000 after buying an additional 553 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. raised its holdings in Veralto by 3.9% during the third quarter. Farmers & Merchants Investments Inc. now owns 4,371 shares of the company’s stock valued at $412,000 after acquiring an additional 166 shares during the period. 91.28% of the stock is currently owned by institutional investors.

Veralto Company Profile

Veralto Corporation (NYSE: VLTO) is a global provider of technology, products and services that help customers manage water quality and improve the quality, safety and efficiency of packaged goods. The company serves municipal, industrial, commercial and consumer-facing markets through a portfolio of operating businesses.

Veralto’s Water Quality segment provides instruments, software and services used to test, monitor and treat water and wastewater. Its brands include Hach, Trojan Technologies and ChemTreat, which support applications such as laboratory and field testing, disinfection, water treatment and industrial water management.

The company’s Product Quality & Innovation segment supplies technologies used in product identification, packaging design, color management and quality inspection.