Citigroup Inc. Sells 21,127 Shares of Veralto Corporation $VLTO

Citigroup Inc. lowered its position in Veralto Corporation (NYSE:VLTO) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 267,156 shares of the company’s stock after selling 21,127 shares during the period. Citigroup Inc. owned 0.11% of Veralto worth $28,482,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Stevens Capital Management LP grew its stake in Veralto by 30.6% in the third quarter. Stevens Capital Management LP now owns 3,068 shares of the company’s stock worth $327,000 after purchasing an additional 718 shares during the period. Hillsdale Investment Management Inc. boosted its holdings in shares of Veralto by 22.5% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 8,700 shares of the company’s stock valued at $928,000 after buying an additional 1,600 shares in the last quarter. Compass Wealth Management LLC purchased a new stake in shares of Veralto in the 3rd quarter worth about $6,708,000. Burling Wealth Partners LLC increased its stake in shares of Veralto by 10.6% in the 3rd quarter. Burling Wealth Partners LLC now owns 37,376 shares of the company’s stock worth $3,985,000 after acquiring an additional 3,579 shares in the last quarter. Finally, CenterBook Partners LP increased its stake in shares of Veralto by 50.4% in the 3rd quarter. CenterBook Partners LP now owns 35,675 shares of the company’s stock worth $3,803,000 after acquiring an additional 11,949 shares in the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

Shares of NYSE VLTO opened at $94.30 on Thursday. The firm has a market cap of $23.37 billion, a P/E ratio of 25.15, a PEG ratio of 2.67 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 quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64. The company has a 50 day moving average of $98.37 and a 200 day moving average of $101.64.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the company 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. As a group, research 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 was paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.13 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.52 annualized dividend and a yield of 0.6%. This is an increase from Veralto’s previous quarterly dividend of $0.11. Veralto’s dividend payout ratio (DPR) is currently 13.87%.

Insider Activity

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

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. UBS Group set a $102.00 price target on Veralto and gave the stock a “neutral” rating in a research report on Friday, February 6th. Jefferies Financial Group restated a “hold” rating on shares of Veralto in a research note on Wednesday, February 4th. Robert W. Baird set a $108.00 price objective on Veralto in a research note on Thursday, February 5th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $108.22.

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.