ABN Amro Investment Solutions Buys 82,422 Shares of Veralto Corporation $VLTO

ABN Amro Investment Solutions boosted its stake in Veralto Corporation (NYSE:VLTO) by 586.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,480 shares of the company’s stock after buying an additional 82,422 shares during the quarter. ABN Amro Investment Solutions’ holdings in Veralto were worth $10,286,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Veralto in the 2nd quarter valued at $264,150,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in Veralto by 6,015.1% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,347,647 shares of the company’s stock valued at $136,045,000 after purchasing an additional 1,325,609 shares during the last quarter. AQR Capital Management LLC boosted its position in Veralto by 154.7% in the second quarter. AQR Capital Management LLC now owns 1,159,433 shares of the company’s stock valued at $117,045,000 after buying an additional 704,213 shares in the last quarter. Westwood Holdings Group Inc. bought a new stake in Veralto during the second quarter worth about $69,839,000. Finally, Hsbc Holdings PLC increased its holdings in shares of Veralto by 46.0% during the second quarter. Hsbc Holdings PLC now owns 1,702,096 shares of the company’s stock worth $171,800,000 after buying an additional 536,299 shares in the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on VLTO. Weiss Ratings cut shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a research report on Wednesday. Barclays reissued an “overweight” rating and issued a $117.00 price objective on shares of Veralto in a research note on Thursday, February 5th. Stifel Nicolaus set a $118.00 target price on Veralto in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada reduced their price target on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $108.22.

Veralto Price Performance

Veralto stock opened at $92.46 on Friday. The business’s 50-day simple moving average is $99.30 and its 200 day simple moving average is $102.37. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64. The stock has a market cap of $22.96 billion, a price-to-earnings ratio of 24.66, a P/E/G ratio of 2.64 and a beta of 0.89. Veralto Corporation has a 12-month low of $83.86 and a 12-month high of $110.11.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The company’s revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.95 EPS. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, research analysts anticipate that Veralto Corporation will post 3.66 earnings per share for the current year.

Veralto Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st were paid a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This is a boost from Veralto’s previous quarterly dividend of $0.11. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s payout ratio is 13.87%.

Insider Buying and Selling

In other Veralto news, SVP Mattias Bystrom sold 1,000 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $101.73, for a total transaction of $101,730.00. Following the completion of the sale, the senior vice president owned 31,430 shares in the company, valued at approximately $3,197,373.90. The trade was a 3.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.36% of the company’s stock.

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.