Nykredit A S purchased a new position in Veralto Corporation (NYSE:VLTO – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 86,262 shares of the company’s stock, valued at approximately $7,650,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of VLTO. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Veralto by 82.2% in 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 bought a new stake in Veralto during the 4th quarter valued at $35,000. Elyxium Wealth LLC purchased a new stake in Veralto during the 4th quarter valued at $37,000. Headlands Technologies LLC purchased a new stake in Veralto during the 2nd quarter valued at $44,000. Finally, EFG International AG bought a new stake in Veralto in the 4th quarter worth $49,000. Institutional investors own 91.28% of the company’s stock.
Insider Activity at Veralto
In related news, CEO Jennifer Honeycutt sold 7,097 shares of Veralto stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total transaction of $720,487.44. Following the sale, the chief executive officer directly owned 124,085 shares in the company, valued at $12,597,109.20. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $97.05, for a total value of $95,691.30. Following the completion of the sale, the senior vice president directly owned 8,565 shares in the company, valued at approximately $831,233.25. The trade was a 10.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,180 shares of company stock worth $1,490,394 over the last 90 days. 0.43% of the stock is currently owned by corporate insiders.
Veralto Trading Down 1.6%
Veralto (NYSE:VLTO – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.10. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter in the previous year, the company earned $0.93 earnings per share. Veralto’s quarterly revenue was up 7.5% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Sell-side analysts anticipate that Veralto Corporation will post 4.41 EPS for the current year.
Analyst Ratings Changes
A number of equities analysts have issued reports on VLTO shares. UBS Group boosted their price objective on shares of Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Robert W. Baird set a $111.00 price target on Veralto in a report on Thursday, July 30th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $120.00 price target (up from $115.00) on shares of Veralto in a research report on Thursday, July 30th. Barclays increased their price objective on Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $109.00 price objective on shares of Veralto in a research report on Thursday, July 9th. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $110.90.
View Our Latest Analysis on VLTO
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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