Veralto Corporation (NYSE:VLTO – Get Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 4,446,305 shares, a decline of 19.8% from the January 15th total of 5,543,616 shares. Currently, 1.8% of the company’s stock are sold short. Based on an average trading volume of 1,487,784 shares, the days-to-cover ratio is presently 3.0 days. Based on an average trading volume of 1,487,784 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.8% of the company’s stock are sold short.
Insider Buying and Selling
In related news, SVP Mattias Bystrom sold 1,000 shares of Veralto stock in a transaction on Monday, December 1st. The shares were sold at an average price of $101.73, for a total value of $101,730.00. Following the completion of the sale, the senior vice president owned 31,430 shares of the company’s stock, valued at approximately $3,197,373.90. The trade was a 3.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.36% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in VLTO. Laurel Wealth Advisors LLC bought a new position in Veralto in the fourth quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new position in shares of Veralto in the 3rd quarter valued at $27,000. Harbor Asset Planning Inc. bought a new position in shares of Veralto in the 2nd quarter worth $26,000. Loomis Sayles & Co. L P acquired a new stake in shares of Veralto during the second quarter worth $28,000. Finally, Goodman Advisory Group LLC bought a new stake in Veralto in the third quarter valued at about $29,000. Institutional investors and hedge funds own 91.28% of the company’s stock.
Veralto Stock Performance
Veralto (NYSE:VLTO – Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.Veralto’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. On average, equities research analysts anticipate that Veralto will post 3.66 EPS for the current fiscal year.
Veralto Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, December 31st. This is a positive change from Veralto’s previous quarterly dividend of $0.11. Veralto’s payout ratio is 13.87%.
Wall Street Analyst Weigh In
Several brokerages recently commented on VLTO. Jefferies Financial Group reiterated a “hold” rating on shares of Veralto in a report on Wednesday, February 4th. Stifel Nicolaus set a $118.00 price target on Veralto in a research report on Thursday, February 5th. UBS Group set a $102.00 price objective on Veralto and gave the stock a “neutral” rating in a research report on Friday, February 6th. Robert W. Baird set a $108.00 target price on Veralto in a research note on Thursday, February 5th. Finally, Weiss Ratings downgraded Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, December 31st. Five equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $108.22.
Check Out Our Latest Analysis on Veralto
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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