Andra AP fonden Cuts Stock Holdings in Veralto Corporation $VLTO

Andra AP fonden reduced its stake in Veralto Corporation (NYSE:VLTO) by 37.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,400 shares of the company’s stock after selling 96,400 shares during the period. Andra AP fonden owned approximately 0.06% of Veralto worth $16,887,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Root Financial Partners LLC acquired a new stake in Veralto in the 3rd quarter valued at about $27,000. Loomis Sayles & Co. L P acquired a new stake in Veralto in the second quarter valued at approximately $28,000. True Wealth Design LLC raised its holdings in Veralto by 852.9% in the third quarter. True Wealth Design LLC now owns 324 shares of the company’s stock valued at $35,000 after acquiring an additional 290 shares in the last quarter. Headlands Technologies LLC purchased a new position in Veralto in the second quarter worth approximately $44,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in Veralto during the 2nd quarter worth approximately $50,000. 91.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Robert W. Baird set a $108.00 price objective on shares of Veralto in a report on Thursday, February 5th. Barclays restated an “overweight” rating and issued a $117.00 price target on shares of Veralto in a research note on Thursday, February 5th. Royal Bank Of Canada decreased their price target on Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a report on Thursday, February 5th. Citigroup dropped their price objective on Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Finally, Stifel Nicolaus set a $118.00 target price on Veralto in a research note on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $108.22.

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 transaction, the senior vice president owned 31,430 shares in the company, valued at approximately $3,197,373.90. This represents a 3.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.36% of the company’s stock.

Veralto Stock Performance

NYSE VLTO opened at $97.33 on Friday. The firm has a market cap of $24.12 billion, a P/E ratio of 25.95, a P/E/G ratio of 2.79 and a beta of 0.89. Veralto Corporation has a 52-week low of $83.86 and a 52-week high of $110.11. The business’s 50-day moving average price is $98.25 and its 200 day moving average price is $101.55. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm 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. On average, equities research analysts expect that Veralto Corporation will post 3.66 earnings per share for the current year.

Veralto Increases Dividend

The company 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 represents a $0.52 annualized dividend and a yield of 0.5%. This is an increase from Veralto’s previous quarterly dividend of $0.11. Veralto’s dividend payout ratio is presently 13.87%.

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.