Veralto Corporation $VLTO Stock Holdings Lowered by Whittier Trust Co.

Whittier Trust Co. lowered its position in shares of Veralto Corporation (NYSE:VLTO) by 1.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,531 shares of the company’s stock after selling 116 shares during the period. Whittier Trust Co.’s holdings in Veralto were worth $659,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of VLTO. Harbor Asset Planning Inc. bought a new position in shares of Veralto during the second quarter worth about $26,000. Truvestments Capital LLC grew its position in shares of Veralto by 148.5% during the first quarter. Truvestments Capital LLC now owns 328 shares of the company’s stock worth $32,000 after acquiring an additional 196 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Veralto during the second quarter worth about $51,000. Cloud Capital Management LLC bought a new position in shares of Veralto during the first quarter worth about $64,000. Finally, Marshall & Sullivan Inc. WA bought a new position in shares of Veralto during the second quarter worth about $74,000. Institutional investors own 91.28% of the company’s stock.

Insiders Place Their Bets

In other Veralto news, CEO Jennifer Honeycutt sold 10,646 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $106.26, for a total value of $1,131,243.96. Following the completion of the sale, the chief executive officer directly owned 106,219 shares of the company’s stock, valued at approximately $11,286,830.94. This represents a 9.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.36% of the company’s stock.

Veralto Price Performance

Shares of NYSE VLTO opened at $104.84 on Friday. Veralto Corporation has a twelve month low of $83.86 and a twelve month high of $115.00. The company has a current ratio of 2.32, a quick ratio of 2.06 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $26.02 billion, a price-to-earnings ratio of 29.29, a PEG ratio of 3.42 and a beta of 0.90. The firm has a 50-day moving average of $105.72 and a two-hundred day moving average of $101.43.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Monday, July 28th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. Veralto had a net margin of 16.65% and a return on equity of 41.45%. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the prior year, the company earned $0.85 EPS. Veralto’s revenue was up 6.4% on a year-over-year basis. Veralto has set its FY 2025 guidance at 3.720-3.800 EPS. Q3 2025 guidance at 0.910-0.950 EPS. As a group, analysts expect that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, September 30th. Veralto’s dividend payout ratio is presently 12.29%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Wolfe Research upgraded shares of Veralto from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Weiss Ratings raised shares of Veralto from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th. Barclays reduced their price objective on shares of Veralto from $120.00 to $119.00 and set an “overweight” rating for the company in a report on Monday, October 6th. Raymond James Financial assumed coverage on shares of Veralto in a report on Tuesday, August 26th. They issued a “market perform” rating for the company. Finally, Royal Bank Of Canada upped their price objective on shares of Veralto from $104.00 to $108.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 30th. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $113.43.

Veralto 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.