Veralto Corporation $VLTO Shares Sold by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA lessened its position in Veralto Corporation (NYSE:VLTO) by 16.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,156 shares of the company’s stock after selling 1,010 shares during the period. Middleton & Co. Inc. MA’s holdings in Veralto were worth $520,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Harbor Asset Planning Inc. acquired a new position in Veralto during the second quarter worth about $26,000. Truvestments Capital LLC boosted its position in shares of Veralto by 148.5% during the 1st quarter. Truvestments Capital LLC now owns 328 shares of the company’s stock valued at $32,000 after purchasing an additional 196 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Veralto in the 2nd quarter worth approximately $51,000. Marshall & Sullivan Inc. WA bought a new stake in shares of Veralto in the 2nd quarter worth approximately $74,000. Finally, IFP Advisors Inc lifted its stake in Veralto by 70.8% during the second quarter. IFP Advisors Inc now owns 750 shares of the company’s stock valued at $76,000 after purchasing an additional 311 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Price Performance

Shares of VLTO opened at $98.64 on Friday. The business’s 50-day moving average is $104.33 and its 200-day moving average is $102.31. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.57 and a quick ratio of 1.40. The company has a market capitalization of $24.49 billion, a price-to-earnings ratio of 27.03, a P/E/G ratio of 3.12 and a beta of 0.89. Veralto Corporation has a fifty-two week low of $83.86 and a fifty-two week high of $110.11.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. Veralto had a net margin of 16.75% and a return on equity of 38.69%. The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the firm posted $0.89 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS. Q4 2025 guidance at 0.950-0.980 EPS. Equities research analysts expect that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.4%. Veralto’s dividend payout ratio (DPR) is 12.05%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Royal Bank Of Canada lifted their price target on shares of Veralto from $108.00 to $111.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 30th. Citigroup reduced their price objective on Veralto from $112.00 to $111.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Stifel Nicolaus set a $120.00 target price on Veralto and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Robert W. Baird upped their target price on Veralto from $106.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, July 30th. Finally, Weiss Ratings upgraded Veralto from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $115.25.

Insider Activity

In other news, CEO Jennifer Honeycutt sold 10,646 shares of Veralto stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $106.26, for a total transaction of $1,131,243.96. Following the completion of the sale, the chief executive officer directly owned 106,219 shares in the company, valued at $11,286,830.94. The trade was a 9.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.36% of the stock is currently owned by corporate insiders.

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.