Veralto Corporation (NYSE:VLTO) Plans Quarterly Dividend of $0.13

Veralto Corporation (NYSE:VLTO) announced a quarterly dividend on Tuesday, September 22nd. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.13 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, September 30th.

Veralto has a payout ratio of 13.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Veralto to earn $4.76 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 10.9%.

Veralto Trading Up 1.4%

NYSE VLTO traded up $1.35 during trading hours on Thursday, hitting $97.23. 308,849 shares of the company’s stock were exchanged, compared to its average volume of 1,981,236. 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 firm has a market capitalization of $23.70 billion, a P/E ratio of 24.57, a price-to-earnings-growth ratio of 2.72 and a beta of 0.60. The business’s 50 day moving average is $96.18 and its 200-day moving average is $90.86. Veralto has a 12-month low of $80.03 and a 12-month high of $107.90.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.10. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same period in the prior year, the firm posted $0.93 EPS. The company’s revenue was up 7.5% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. As a group, analysts anticipate that Veralto will post 4.41 EPS for the current fiscal year.

Insider Buying and Selling at Veralto

In other Veralto news, CEO Jennifer Honeycutt sold 7,097 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were 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 $12,597,109.20. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $97.05, for a total value of $95,691.30. Following the completion of the sale, the senior vice president directly owned 8,565 shares in the company, valued at approximately $831,233.25. This trade represents a 10.32% decrease in their position. 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 quarter, insiders have sold 15,180 shares of company stock valued at $1,490,394. 0.43% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in shares of Veralto by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock valued at $720,876,000 after purchasing an additional 126,814 shares during the period. First Trust Advisors LP grew its holdings in Veralto by 31.5% in the 1st quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock worth $543,817,000 after buying an additional 1,472,304 shares in the last quarter. Amundi increased its position in Veralto by 16.3% in the 1st quarter. Amundi now owns 3,797,526 shares of the company’s stock valued at $335,785,000 after acquiring an additional 531,478 shares during the period. Bank of New York Mellon Corp boosted its position in Veralto by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 3,453,007 shares of the company’s stock worth $344,541,000 after acquiring an additional 75,253 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of Veralto by 0.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,888,690 shares of the company’s stock worth $288,233,000 after purchasing an additional 16,279 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Company Profile

Veralto Corporation (NYSE: VLTO) is a global provider of technology, equipment, software and services focused on water quality and product quality. The company serves municipal, industrial, commercial and consumer markets, helping customers monitor and manage water systems while improving the production, packaging and identification of products.

Veralto operates through two primary segments. Its Water Quality businesses provide water analytics, testing and monitoring systems, treatment technologies, flow measurement equipment and related software and services.