Oregon Public Employees Retirement Fund Has $3.03 Million Stock Holdings in Veralto Corporation $VLTO

Oregon Public Employees Retirement Fund increased its holdings in shares of Veralto Corporation (NYSE:VLTO) by 32.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,383 shares of the company’s stock after buying an additional 6,972 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Veralto were worth $3,026,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of VLTO. Harbor Asset Planning Inc. purchased a new position in Veralto during the 2nd quarter valued at about $26,000. Loomis Sayles & Co. L P purchased a new stake in shares of Veralto in the second quarter worth approximately $28,000. True Wealth Design LLC boosted its holdings in shares of Veralto by 852.9% during the third quarter. True Wealth Design LLC now owns 324 shares of the company’s stock worth $35,000 after purchasing an additional 290 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Veralto during the second quarter worth approximately $44,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in Veralto during the second quarter valued at approximately $50,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Veralto

In other Veralto news, SVP Mattias Bystrom sold 1,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $101.73, for a total transaction of $101,730.00. Following the transaction, the senior vice president owned 31,430 shares in the company, valued at $3,197,373.90. This trade represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.36% of the stock is owned by insiders.

Veralto Trading Up 1.0%

Shares of NYSE:VLTO opened at $102.74 on Monday. The company has a current ratio of 1.57, a quick ratio of 1.40 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $25.51 billion, a PE ratio of 28.15, a P/E/G ratio of 2.93 and a beta of 0.88. Veralto Corporation has a 1 year low of $83.86 and a 1 year high of $110.11. The firm has a fifty day moving average price of $100.06 and a 200 day moving average price of $103.13.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, October 28th. The company reported $0.99 earnings per share 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 analyst estimates of $1.40 billion. Veralto had a return on equity of 38.69% and a net margin of 16.75%.The business’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $0.89 earnings per share. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS and its Q4 2025 guidance at 0.950-0.980 EPS. Analysts expect that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be issued a $0.13 dividend. This is an increase from Veralto’s previous quarterly dividend of $0.11. The ex-dividend date is Wednesday, December 31st. This represents a $0.52 annualized dividend and a yield of 0.5%. Veralto’s dividend payout ratio is presently 14.25%.

Analyst Ratings Changes

VLTO has been the subject of a number of research analyst reports. Weiss Ratings downgraded shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, December 31st. Royal Bank Of Canada increased their price objective on Veralto from $108.00 to $111.00 and gave the stock a “sector perform” rating in a report on Thursday, October 30th. BMO Capital Markets reduced their price objective on Veralto from $123.00 to $114.00 and set an “outperform” rating for the company in a research report on Tuesday, November 25th. Citigroup lowered their target price on Veralto from $112.00 to $111.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $105.00 price target (down from $125.00) on shares of Veralto in a report on Wednesday, December 10th. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $112.89.

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.