Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Veralto Corporation (NYSE:VLTO). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Veralto stock on April 6th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
Veralto Stock Performance
VLTO stock traded down $0.51 during trading on Friday, hitting $84.76. 2,395,525 shares of the company traded hands, compared to its average volume of 2,061,269. The stock’s 50-day simple moving average is $89.03 and its 200 day simple moving average is $95.42. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The company has a market cap of $20.82 billion, a PE ratio of 21.90, a P/E/G ratio of 2.41 and a beta of 0.77. Veralto Corporation has a 1 year low of $84.45 and a 1 year high of $110.11.
Veralto Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is currently 13.44%.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on VLTO shares. Citigroup cut their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Stifel Nicolaus cut their price objective on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Royal Bank Of Canada boosted their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Jefferies Financial Group began coverage on Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective for the company. Finally, UBS Group boosted their price objective on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $105.88.
Read Our Latest Analysis on VLTO
Institutional Trading of Veralto
Several large investors have recently made changes to their positions in the company. Quantinno Capital Management LP increased its position in shares of Veralto by 18.2% during the first quarter. Quantinno Capital Management LP now owns 181,792 shares of the company’s stock worth $16,074,000 after purchasing an additional 28,015 shares in the last quarter. SummitTX Capital L.P. increased its position in shares of Veralto by 40.7% during the first quarter. SummitTX Capital L.P. now owns 19,942 shares of the company’s stock worth $1,763,000 after purchasing an additional 5,772 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of Veralto by 0.6% during the first quarter. Lazard Asset Management LLC now owns 962,989 shares of the company’s stock worth $85,147,000 after purchasing an additional 6,017 shares in the last quarter. Weiss Asset Management LP boosted its stake in Veralto by 575.4% during the first quarter. Weiss Asset Management LP now owns 130,621 shares of the company’s stock worth $11,550,000 after buying an additional 111,280 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp boosted its stake in Veralto by 29.3% during the first quarter. OMERS ADMINISTRATION Corp now owns 10,937 shares of the company’s stock worth $967,000 after buying an additional 2,477 shares during the last quarter. 91.28% of the stock is currently owned by hedge funds and other institutional investors.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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.
See Also
- Five stocks we like better than Veralto
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.com's FREE daily email newsletter.
