8,153 Shares in Veralto Co. (NYSE:VLTO) Acquired by Nomura Holdings Inc.

Nomura Holdings Inc. bought a new position in Veralto Co. (NYSE:VLTO - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 8,153 shares of the company's stock, valued at approximately $830,000.

A number of other large investors have also recently made changes to their positions in VLTO. Norges Bank bought a new position in shares of Veralto in the fourth quarter valued at approximately $289,028,000. First Trust Advisors LP increased its holdings in shares of Veralto by 222.3% in the fourth quarter. First Trust Advisors LP now owns 2,602,399 shares of the company's stock worth $265,054,000 after purchasing an additional 1,794,992 shares during the period. Champlain Investment Partners LLC bought a new position in shares of Veralto in the fourth quarter worth $133,058,000. BNP Paribas Financial Markets bought a new position in shares of Veralto in the fourth quarter worth $96,888,000. Finally, Geode Capital Management LLC increased its holdings in shares of Veralto by 12.5% in the fourth quarter. Geode Capital Management LLC now owns 6,601,676 shares of the company's stock worth $670,781,000 after purchasing an additional 733,056 shares during the period. 91.28% of the stock is owned by institutional investors.

Veralto Price Performance

NYSE VLTO traded down $0.51 during trading hours on Friday, hitting $100.47. 1,065,171 shares of the company's stock traded hands, compared to its average volume of 1,477,603. The firm's 50-day moving average is $94.80 and its 200-day moving average is $99.58. The company has a market capitalization of $24.90 billion, a PE ratio of 30.08, a PEG ratio of 4.24 and a beta of 0.99. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.92 and a quick ratio of 1.69. Veralto Co. has a 52-week low of $83.87 and a 52-week high of $115.00.

Veralto (NYSE:VLTO - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.08. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.28 billion. Veralto had a return on equity of 49.29% and a net margin of 16.04%. Veralto's revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $0.84 earnings per share. Equities analysts forecast that Veralto Co. will post 3.66 EPS for the current fiscal year.

Veralto Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date is Monday, June 30th. Veralto's dividend payout ratio (DPR) is 12.57%.

Insider Activity at Veralto

In other news, SVP Surekha Trivedi sold 590 shares of Veralto stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $97.05, for a total transaction of $57,259.50. Following the completion of the sale, the senior vice president now directly owns 10,011 shares in the company, valued at approximately $971,567.55. This trade represents a 5.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jennifer Honeycutt sold 10,414 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $100.35, for a total transaction of $1,045,044.90. Following the completion of the sale, the chief executive officer now owns 104,496 shares in the company, valued at $10,486,173.60. This represents a 9.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 67,073 shares of company stock valued at $6,442,018 over the last ninety days. Insiders own 0.36% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on VLTO. Robert W. Baird boosted their price objective on Veralto from $105.00 to $106.00 and gave the stock a "neutral" rating in a report on Thursday, May 1st. Royal Bank of Canada lifted their price objective on shares of Veralto from $103.00 to $104.00 and gave the stock a "sector perform" rating in a report on Thursday, May 1st. Stifel Nicolaus lifted their price objective on shares of Veralto from $102.00 to $104.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Northcoast Research started coverage on shares of Veralto in a report on Tuesday, May 6th. They set a "buy" rating and a $110.00 price objective for the company. Finally, Citigroup dropped their price objective on shares of Veralto from $116.00 to $100.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Veralto has an average rating of "Hold" and a consensus price target of $110.09.

Veralto 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.