Veralto Corporation $VLTO Shares Sold by WealthPLAN Partners LLC

WealthPLAN Partners LLC reduced its stake in Veralto Corporation (NYSE:VLTO) by 62.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,807 shares of the company’s stock after selling 6,362 shares during the period. WealthPLAN Partners LLC’s holdings in Veralto were worth $337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. grew its holdings in shares of Veralto by 3.4% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,199,220 shares of the company’s stock worth $119,658,000 after purchasing an additional 39,803 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Veralto by 30.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,602 shares of the company’s stock valued at $6,147,000 after purchasing an additional 14,219 shares during the last quarter. Swiss Life Asset Management Ltd boosted its position in shares of Veralto by 18.0% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 78,343 shares of the company’s stock valued at $8,352,000 after purchasing an additional 11,930 shares during the period. Defender Capital LLC. acquired a new stake in shares of Veralto in the 4th quarter valued at about $20,266,000. Finally, Rathbones Group PLC boosted its position in shares of Veralto by 205.9% in the 4th quarter. Rathbones Group PLC now owns 174,223 shares of the company’s stock valued at $17,384,000 after purchasing an additional 117,272 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Price Performance

Shares of NYSE VLTO opened at $91.77 on Thursday. The stock has a fifty day moving average price of $86.40 and a 200 day moving average price of $91.75. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The company has a market cap of $22.54 billion, a PE ratio of 23.71, a P/E/G ratio of 2.62 and a beta of 0.63.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. Veralto’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.95 EPS. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Sell-side analysts forecast that Veralto Corporation will post 4.24 EPS for the current year.

Veralto Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid 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 is Tuesday, June 30th. Veralto’s payout ratio is 13.44%.

Analyst Upgrades and Downgrades

VLTO has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a research report on Wednesday, June 24th. Stifel Nicolaus reduced their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Robert W. Baird set a $103.00 price target on shares of Veralto in a research note on Thursday, April 30th. Jefferies Financial Group began coverage on shares of Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective on the stock. Finally, Citigroup dropped their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Veralto has a consensus rating of “Hold” and an average target price of $105.88.

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.