Veralto Corporation $VLTO Shares Bought by World Investment Advisors

World Investment Advisors increased its position in Veralto Corporation (NYSE:VLTO) by 30.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,812 shares of the company’s stock after acquiring an additional 891 shares during the period. World Investment Advisors’ holdings in Veralto were worth $385,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Veralto by 1.3% in the first quarter. Vanguard Group Inc. now owns 29,737,470 shares of the company’s stock valued at $2,897,916,000 after purchasing an additional 390,285 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in shares of Veralto by 8.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,541,438 shares of the company’s stock worth $1,027,264,000 after buying an additional 811,843 shares during the period. Alliancebernstein L.P. grew its holdings in Veralto by 28.0% in the 1st quarter. Alliancebernstein L.P. now owns 6,235,563 shares of the company’s stock worth $607,656,000 after buying an additional 1,363,502 shares in the last quarter. Invesco Ltd. increased its position in Veralto by 6.9% in the 1st quarter. Invesco Ltd. now owns 4,856,071 shares of the company’s stock valued at $473,224,000 after acquiring an additional 314,704 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Veralto by 13.6% during the 1st quarter. Bank of New York Mellon Corp now owns 4,259,348 shares of the company’s stock valued at $415,074,000 after acquiring an additional 509,104 shares in the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Royal Bank Of Canada increased their price target on Veralto from $108.00 to $111.00 and gave the stock a “sector perform” rating in a research note on Thursday. Weiss Ratings raised shares of Veralto from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. Barclays boosted their price target on shares of Veralto from $119.00 to $121.00 and gave the stock an “overweight” rating in a research report on Thursday. Raymond James Financial assumed coverage on shares of Veralto in a research note on Tuesday, August 26th. They set a “market perform” rating on the stock. Finally, Stifel Nicolaus set a $120.00 target price on Veralto and gave the stock a “buy” rating in a report on Wednesday, July 30th. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Veralto presently has a consensus rating of “Moderate Buy” and an average target price of $115.71.

Veralto Stock Up 0.2%

VLTO stock opened at $98.86 on Tuesday. The firm has a market cap of $24.55 billion, a PE ratio of 27.09, a P/E/G ratio of 3.08 and a beta of 0.89. Veralto Corporation has a 12 month low of $83.86 and a 12 month high of $110.11. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.57 and a quick ratio of 1.40. The firm has a 50 day simple moving average of $104.79 and a 200 day simple moving average of $102.28.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.04. The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a return on equity of 38.69% and a net margin of 16.75%.The firm’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.89 earnings per share. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS. Q4 2025 guidance at 0.950-0.980 EPS. Equities research analysts forecast that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, September 30th were given a $0.11 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.4%. Veralto’s dividend payout ratio (DPR) is 12.05%.

Insiders Place Their Bets

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

Veralto 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.