Aberdeen Group plc Purchases 79,463 Shares of Veralto Corporation $VLTO

Aberdeen Group plc raised its position in shares of Veralto Corporation (NYSE:VLTOFree Report) by 28.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 356,511 shares of the company’s stock after buying an additional 79,463 shares during the period. Aberdeen Group plc owned about 0.14% of Veralto worth $37,714,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of VLTO. PFG Investments LLC increased its holdings in Veralto by 2.7% during the 3rd quarter. PFG Investments LLC now owns 3,792 shares of the company’s stock valued at $404,000 after purchasing an additional 100 shares in the last quarter. Strategic Blueprint LLC grew its holdings in shares of Veralto by 4.3% during the third quarter. Strategic Blueprint LLC now owns 2,543 shares of the company’s stock worth $271,000 after purchasing an additional 105 shares during the last quarter. Capital Counsel LLC NY increased its stake in shares of Veralto by 0.8% in the second quarter. Capital Counsel LLC NY now owns 15,010 shares of the company’s stock valued at $1,515,000 after buying an additional 115 shares in the last quarter. City Holding Co. raised its holdings in shares of Veralto by 0.5% in the third quarter. City Holding Co. now owns 21,345 shares of the company’s stock valued at $2,276,000 after buying an additional 115 shares during the last quarter. Finally, Redmond Asset Management LLC raised its holdings in shares of Veralto by 0.8% in the second quarter. Redmond Asset Management LLC now owns 18,543 shares of the company’s stock valued at $1,872,000 after buying an additional 154 shares during the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Trading Up 0.5%

VLTO opened at $92.46 on Tuesday. The firm’s fifty day moving average is $99.15 and its two-hundred day moving average is $102.26. The firm has a market cap of $22.96 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 2.64 and a beta of 0.89. Veralto Corporation has a twelve month low of $83.86 and a twelve month high of $110.11. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.52 and a current ratio of 1.67.

Veralto (NYSE:VLTOGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.06. The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Equities research analysts anticipate that Veralto Corporation will post 3.66 EPS for the current year.

Veralto Increases Dividend

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

Insider Buying and Selling at Veralto

In related news, SVP Mattias Bystrom sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $101.73, for a total value of $101,730.00. Following the completion of the transaction, the senior vice president directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.36% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Stifel Nicolaus set a $118.00 price objective on shares of Veralto in a report on Thursday, February 5th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Veralto in a research note on Wednesday, February 4th. Weiss Ratings lowered Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, December 31st. Royal Bank Of Canada dropped their price objective on Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a report on Thursday, February 5th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $108.22.

View Our Latest Stock Analysis on Veralto

About Veralto

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Veralto (NYSE:VLTO)

Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.com's FREE daily email newsletter.