Rep. Kevin Hern Sells Shares of Veralto Corporation (NYSE:VLTO)

Key Points

• Rep. Kevin Hern sold Veralto shares valued between $1,001 and $15,000 from his family trust on August 14, following additional sales of Veralto and other major stocks in August.
• Veralto reported a quarterly earnings beat, with EPS of $1.11 versus the $1.01 consensus estimate and revenue of $1.47 billion, up 7.5% year over year. The company issued fiscal 2026 EPS guidance of $4.35–$4.43.
• Analysts maintain a “Moderate Buy” consensus on VLTO, with an average price target of $110.90 versus an opening price of $97.17; institutional investors own 91.28% of the company.

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 14th. 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 $1,001 - $15,000 in shares of Veralto NYSE: VLTO 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.

Veralto Price Performance

Shares of NYSE:VLTO opened at $97.17 on Thursday. The stock has a market capitalization of $23.69 billion, a P/E ratio of 24.54, a P/E/G ratio of 2.75 and a beta of 0.60. The business has a 50-day moving average of $94.89 and a two-hundred day moving average of $90.75. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $109.86. 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 - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the prior year, the firm posted $0.93 EPS. The firm's revenue for the quarter 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. On average, equities research analysts predict that Veralto Corporation will post 4.41 EPS for the current fiscal year.

Insider Activity

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the company's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total value of $720,487.44. Following the sale, the chief executive officer owned 124,085 shares of the company's stock, 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 legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $97.05, for a total transaction 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 15,180 shares of company stock worth $1,490,394. 0.43% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

VLTO has been the subject of a number of recent analyst reports. Robert W. Baird set a $111.00 target price on Veralto in a research report on Thursday, July 30th. Stifel Nicolaus boosted their price objective on shares of Veralto from $111.00 to $114.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. BNP Paribas Exane reaffirmed an "outperform" rating and set a $120.00 price objective (up from $115.00) on shares of Veralto in a report on Thursday, July 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Veralto in a report on Wednesday, June 24th. Finally, Barclays raised their target price on shares of Veralto from $113.00 to $117.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $110.90.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its stake in Veralto by 8,155.1% during the second quarter. California State Teachers Retirement System now owns 33,644,305 shares of the company's stock worth $2,983,577,000 after buying an additional 33,236,748 shares in the last quarter. State Street Corp raised its stake in shares of Veralto by 2.6% in the 4th quarter. State Street Corp now owns 10,720,184 shares of the company's stock valued at $1,071,035,000 after buying an additional 270,356 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Veralto by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company's stock worth $720,876,000 after acquiring an additional 126,814 shares during the period. First Trust Advisors LP lifted its holdings in shares of Veralto by 31.5% during the 1st quarter. First Trust Advisors LP now owns 6,150,388 shares of the company's stock worth $543,817,000 after acquiring an additional 1,472,304 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Veralto by 6.3% during the 4th quarter. Invesco Ltd. now owns 4,595,043 shares of the company's stock valued at $458,493,000 after acquiring an additional 272,036 shares in the last quarter. 91.28% of the stock is owned by institutional investors.

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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