Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Veralto Corporation (NYSE:VLTO). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Veralto stock on August 21st. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.
Representative Kevin Hern also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
- Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
- Sold $50,001 – $100,000 in shares of Home Depot (NYSE:HD) on 8/24/2026.
- Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
- Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
- Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
- Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
- Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
- Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.
- Sold $1,001 – $15,000 in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) on 8/18/2026.
Veralto Price Performance
VLTO opened at $97.95 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.61 and a current ratio of 1.78. The stock has a market capitalization of $23.88 billion, a P/E ratio of 24.73, a P/E/G ratio of 2.76 and a beta of 0.60. The company’s 50-day simple moving average is $95.09 and its two-hundred day simple moving average is $90.79. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $109.86.
Wall Street Analysts Forecast Growth
VLTO has been the subject of a number of research analyst reports. Wolfe Research reaffirmed an “outperform” rating and issued a $109.00 target price on shares of Veralto in a research report on Thursday, July 9th. Barclays increased their price target on Veralto from $113.00 to $117.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Royal Bank Of Canada lifted their price objective on Veralto from $100.00 to $109.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. Stifel Nicolaus upped their price objective on Veralto from $111.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, UBS Group increased their target price on Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $110.90.
Read Our Latest Research Report on Veralto
Institutional Trading of Veralto
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arbejdsmarkedets Tillaegspension boosted its position in shares of Veralto by 23.4% during the 1st quarter. Arbejdsmarkedets Tillaegspension now owns 291,695 shares of the company’s stock valued at $25,792,000 after acquiring an additional 55,348 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in shares of Veralto by 9.1% in the second quarter. Handelsbanken Fonder AB now owns 219,254 shares of the company’s stock valued at $19,443,000 after purchasing an additional 18,277 shares in the last quarter. WINTON GROUP Ltd purchased a new position in shares of Veralto in the fourth quarter valued at $4,511,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Veralto by 5.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 526,204 shares of the company’s stock worth $51,831,000 after purchasing an additional 25,999 shares during the last quarter. Finally, Goodman Financial Corp increased its position in Veralto by 60.7% in the first quarter. Goodman Financial Corp now owns 145,752 shares of the company’s stock worth $12,887,000 after purchasing an additional 55,032 shares during the last quarter. 91.28% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Veralto news, SVP Surekha Trivedi sold 986 shares of Veralto stock in a transaction on Monday, August 17th. The shares were sold at an average price of $97.05, for a total value of $95,691.30. Following the completion of the transaction, the senior vice president directly owned 8,565 shares of the company’s stock, valued at $831,233.25. This trade represents a 10.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jennifer Honeycutt sold 7,097 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total transaction of $720,487.44. Following the completion of the sale, the chief executive officer owned 124,085 shares in the company, valued at approximately $12,597,109.20. This trade represents a 5.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 15,180 shares of company stock worth $1,490,394. 0.43% of the stock is owned by insiders.
About Representative Hern
Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.
Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.
Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.
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.
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