Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 5,007 Shares of Veralto Corporation $VLTO

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lowered its position in Veralto Corporation (NYSE:VLTO) by 1.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 421,506 shares of the company’s stock after selling 5,007 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned about 0.17% of Veralto worth $39,756,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC increased its stake in Veralto by 17.9% in the 3rd quarter. Signaturefd LLC now owns 3,332 shares of the company’s stock worth $314,000 after acquiring an additional 506 shares during the last quarter. Citizens Financial Group Inc. RI boosted its position in shares of Veralto by 60.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 8,829 shares of the company’s stock valued at $833,000 after acquiring an additional 3,316 shares during the last quarter. Evergreen Capital Management LLC boosted its position in shares of Veralto by 160.7% during the 3rd quarter. Evergreen Capital Management LLC now owns 7,755 shares of the company’s stock valued at $732,000 after acquiring an additional 4,780 shares during the last quarter. RWC Asset Management LLP boosted its position in shares of Veralto by 10.7% during the 3rd quarter. RWC Asset Management LLP now owns 5,725 shares of the company’s stock valued at $540,000 after acquiring an additional 553 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. grew its holdings in shares of Veralto by 3.9% during the third quarter. Farmers & Merchants Investments Inc. now owns 4,371 shares of the company’s stock worth $412,000 after purchasing an additional 166 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Up 0.2%

Shares of NYSE VLTO opened at $104.52 on Monday. The stock has a market capitalization of $25.48 billion, a P/E ratio of 26.39, a PEG ratio of 2.96 and a beta of 0.62. Veralto Corporation has a one year low of $80.03 and a one year high of $105.75. The firm’s 50 day simple moving average is $97.52 and its two-hundred day simple moving average is $92.28. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61.

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 analysts’ consensus estimates of $1.01 by $0.10. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same period in the previous year, the business posted $0.93 EPS. The business’s quarterly 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 expect that Veralto Corporation will post 4.41 EPS for the current fiscal year.

Veralto Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, September 30th. Veralto’s dividend payout ratio (DPR) is presently 13.13%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VLTO. Wall Street Zen cut shares of Veralto from a “buy” rating to a “hold” rating in a research report on Saturday. BNP Paribas Exane reiterated an “outperform” rating and set a $120.00 target price (up from $115.00) on shares of Veralto in a research report on Thursday, July 30th. Robert W. Baird set a $111.00 price target on shares of Veralto in a research note on Thursday, July 30th. Royal Bank Of Canada boosted their price target on shares of Veralto from $100.00 to $109.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 30th. Finally, Jefferies Financial Group raised shares of Veralto to a “strong-buy” rating in a report on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Veralto presently has an average rating of “Moderate Buy” and an average target price of $112.60.

Insider Buying and Selling at Veralto

In other Veralto news, CEO Jennifer Honeycutt sold 7,098 shares of the company’s stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $105.00, for a total transaction of $745,290.00. Following the completion of the sale, the chief executive officer directly owned 120,060 shares in the company, valued at $12,606,300. This represents a 5.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 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 dated Monday, August 17th. The shares were sold at an average price of $97.05, for a total value of $95,691.30. Following the transaction, the senior vice president directly owned 8,565 shares in the company, valued at $831,233.25. This trade represents a 10.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,181 shares of company stock valued at $1,561,469 over the last three months. 0.43% of the stock is currently owned by insiders.

About Veralto

Veralto Corporation (NYSE: VLTO) is a global provider of technology, products and services that help customers manage water quality and improve the quality, safety and efficiency of packaged goods. The company serves municipal, industrial, commercial and consumer-facing markets through a portfolio of operating businesses.

Veralto’s Water Quality segment provides instruments, software and services used to test, monitor and treat water and wastewater. Its brands include Hach, Trojan Technologies and ChemTreat, which support applications such as laboratory and field testing, disinfection, water treatment and industrial water management.

The company’s Product Quality & Innovation segment supplies technologies used in product identification, packaging design, color management and quality inspection.