Signaturefd LLC Purchases 305 Shares of Veralto Corporation $VLTO

Signaturefd LLC lifted its position in Veralto Corporation (NYSE:VLTO) by 16.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,211 shares of the company’s stock after acquiring an additional 305 shares during the quarter. Signaturefd LLC’s holdings in Veralto were worth $223,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in VLTO. Truvestments Capital LLC raised its holdings in shares of Veralto by 148.5% in the first quarter. Truvestments Capital LLC now owns 328 shares of the company’s stock valued at $32,000 after acquiring an additional 196 shares in the last quarter. Opal Wealth Advisors LLC purchased a new position in Veralto in the first quarter valued at about $45,000. Grove Bank & Trust grew its stake in Veralto by 198.2% in the first quarter. Grove Bank & Trust now owns 510 shares of the company’s stock valued at $50,000 after purchasing an additional 339 shares during the last quarter. Cloud Capital Management LLC purchased a new position in Veralto in the first quarter valued at about $64,000. Finally, Marshall & Sullivan Inc. WA purchased a new position in Veralto in the second quarter valued at about $74,000. 91.28% of the stock is currently owned by institutional investors.

Veralto Price Performance

Shares of NYSE VLTO opened at $106.52 on Friday. The business’s 50 day moving average price is $106.58 and its 200 day moving average price is $100.68. The firm has a market cap of $26.43 billion, a P/E ratio of 29.76, a P/E/G ratio of 3.52 and a beta of 0.90. Veralto Corporation has a 52 week low of $83.86 and a 52 week high of $115.00. The company has a quick ratio of 2.06, a current ratio of 2.32 and a debt-to-equity ratio of 1.00.

Veralto (NYSE:VLTO) last issued its earnings results on Monday, July 28th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. Veralto had a return on equity of 41.45% and a net margin of 16.65%.The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the firm earned $0.85 earnings per share. Veralto’s revenue for the quarter was up 6.4% on a year-over-year basis. Veralto has set its FY 2025 guidance at 3.720-3.800 EPS. Q3 2025 guidance at 0.910-0.950 EPS. On average, sell-side analysts expect that Veralto Corporation will post 3.66 earnings per share for the current year.

Veralto Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.44 dividend on an annualized basis and a yield of 0.4%. Veralto’s payout ratio is presently 12.29%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on VLTO shares. Stifel Nicolaus set a $120.00 target price on Veralto and gave the company a “buy” rating in a research note on Wednesday, July 30th. Barclays started coverage on Veralto in a research note on Friday, September 19th. They issued an “overweight” rating and a $120.00 target price on the stock. Royal Bank Of Canada lifted their target price on Veralto from $104.00 to $108.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 30th. Raymond James Financial started coverage on Veralto in a research note on Tuesday, August 26th. They issued a “market perform” rating on the stock. Finally, Wolfe Research upgraded Veralto from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $113.57.

Insiders Place Their Bets

In other Veralto news, CEO Jennifer Honeycutt sold 10,646 shares of Veralto stock in a transaction on Friday, August 29th. The shares were sold at an average price of $106.26, for a total value of $1,131,243.96. Following the completion of the transaction, the chief executive officer owned 106,219 shares of the company’s stock, valued at approximately $11,286,830.94. The trade was a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.36% of the company’s stock.

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.