First Nebraska Trust Co Makes New Investment in Veralto Corporation $VLTO

First Nebraska Trust Co acquired a new stake in shares of Veralto Corporation (NYSE:VLTO) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 15,374 shares of the company’s stock, valued at approximately $1,359,000.

Other large investors also recently modified their holdings of the company. Azzad Asset Management Inc. ADV lifted its position in shares of Veralto by 0.7% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock worth $1,506,000 after buying an additional 99 shares during the period. Creative Capital Management Investments LLC grew its position in Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after acquiring an additional 107 shares during the period. Private Advisor Group LLC grew its position in Veralto by 0.7% in the third quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock valued at $1,682,000 after acquiring an additional 109 shares during the period. Larson Financial Group LLC raised its stake in Veralto by 18.9% during the third quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock worth $78,000 after acquiring an additional 117 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after acquiring an additional 129 shares in the last quarter. 91.28% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on VLTO. Citigroup boosted their target price on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research note on Thursday. UBS Group increased their target price on shares of Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday. Barclays lifted their price target on shares of Veralto from $113.00 to $117.00 and gave the company an “overweight” rating in a report on Thursday. BNP Paribas Exane reaffirmed an “outperform” rating and set a $120.00 price objective (up from $115.00) on shares of Veralto in a research note on Thursday. Finally, Stifel Nicolaus raised their price objective on shares of Veralto from $111.00 to $114.00 and gave the stock a “buy” rating in a report on Thursday. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Veralto currently has a consensus rating of “Moderate Buy” and an average price target of $110.90.

Insider Activity at Veralto

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total value of $720,487.44. Following the completion of the sale, the chief executive officer owned 124,085 shares of the company’s stock, valued at $12,597,109.20. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by company insiders.

Veralto Price Performance

Shares of VLTO stock opened at $94.34 on Friday. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. The stock has a market capitalization of $23.00 billion, a PE ratio of 23.82, a PEG ratio of 2.55 and a beta of 0.63. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.32 and a current ratio of 1.78. The stock’s fifty day moving average is $88.62 and its 200-day moving average is $90.90.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.45 billion. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.93 earnings per share. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Equities research analysts expect that Veralto Corporation will post 4.41 EPS for the current fiscal year.

Veralto Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Veralto’s dividend payout ratio is 13.13%.

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.