Veralto Corporation $VLTO Shares Sold by Dnca Finance

Dnca Finance decreased its holdings in shares of Veralto Corporation (NYSE:VLTO) by 79.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 8,500 shares of the company’s stock after selling 32,000 shares during the period. Dnca Finance’s holdings in Veralto were worth $906,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Veralto by 2.8% during the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after acquiring an additional 852,276 shares during the period. State Street Corp grew its position in shares of Veralto by 1.9% in the second quarter. State Street Corp now owns 10,257,956 shares of the company’s stock valued at $1,036,653,000 after purchasing an additional 192,139 shares during the period. Impax Asset Management Group plc increased its stake in shares of Veralto by 3.9% during the third quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock worth $408,503,000 after purchasing an additional 144,044 shares in the last quarter. First Trust Advisors LP increased its stake 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, Norges Bank acquired a new position in shares of Veralto during the 2nd quarter worth about $264,150,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Stock Up 0.5%

Shares of NYSE VLTO opened at $90.21 on Friday. Veralto Corporation has a 12-month low of $83.86 and a 12-month high of $110.11. The stock has a market cap of $22.36 billion, a PE ratio of 24.05, a P/E/G ratio of 2.54 and a beta of 0.89. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64. The company has a 50-day moving average of $96.71 and a 200 day moving average of $100.52.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the company posted $0.95 EPS. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, sell-side analysts predict that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be given a dividend of $0.13 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s dividend payout ratio (DPR) is presently 13.87%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada decreased their price target on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. Weiss Ratings cut Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. Stifel Nicolaus set a $118.00 target price on Veralto in a research report on Thursday, February 5th. UBS Group set a $102.00 price target on Veralto and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Barclays reiterated an “overweight” rating and set a $117.00 price target on shares of Veralto in a research report on Thursday, February 5th. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Veralto presently has a consensus rating of “Hold” and an average price target of $108.22.

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.