Nykredit A S Makes New Investment in Veralto Corporation $VLTO

Key Points

• Nykredit A/S purchased 86,262 Veralto shares during the second quarter, worth approximately $7.65 million. Institutional investors collectively own 91.28% of VLTO.
• Veralto exceeded quarterly expectations, reporting $1.11 in earnings per share versus the $1.01 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 rating with an average price target of $112.50, while insiders sold roughly $1.49 million of stock over the past 90 days.

Nykredit A S bought a new stake in shares of Veralto Corporation (NYSE:VLTO - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 86,262 shares of the company's stock, valued at approximately $7,650,000.

A number of other large investors have also recently made changes to their positions in VLTO. Corient Private Wealth LP grew its position in shares of Veralto by 53.8% during the 2nd quarter. Corient Private Wealth LP now owns 179,865 shares of the company's stock valued at $15,951,000 after acquiring an additional 62,907 shares during the period. Formuepleje A S lifted its position in Veralto by 61.8% during the second quarter. Formuepleje A S now owns 42,528 shares of the company's stock valued at $3,771,000 after purchasing an additional 16,240 shares in the last quarter. Groupe la Francaise lifted its position in Veralto by 18.4% during the second quarter. Groupe la Francaise now owns 130,703 shares of the company's stock valued at $11,594,000 after purchasing an additional 20,294 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Veralto during the second quarter valued at about $13,887,000. Finally, Saudi Central Bank grew its holdings in Veralto by 87.6% during the second quarter. Saudi Central Bank now owns 17,189 shares of the company's stock valued at $1,524,000 after purchasing an additional 8,024 shares during the period. 91.28% of the stock is currently owned by institutional investors.

Veralto Stock Performance

Shares of VLTO stock opened at $95.35 on Tuesday. The business has a fifty day moving average of $96.01 and a 200 day moving average of $90.85. Veralto Corporation has a 1 year low of $80.03 and a 1 year high of $107.90. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61. The firm has a market capitalization of $23.25 billion, a price-to-earnings ratio of 24.08, a price-to-earnings-growth ratio of 2.68 and a beta of 0.60.

Veralto (NYSE:VLTO - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.10. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The business's quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 EPS. 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, research analysts expect that Veralto Corporation will post 4.41 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on VLTO. UBS Group boosted their target price on shares of Veralto from $98.00 to $104.00 and gave the stock a "neutral" rating in a report on Thursday, July 30th. Robert W. Baird set a $111.00 price objective on shares of Veralto in a research report on Thursday, July 30th. Citigroup increased 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, July 30th. BNP Paribas Exane restated an "outperform" rating and issued a $120.00 target price (up from $115.00) on shares of Veralto in a report on Thursday, July 30th. Finally, Wolfe Research reaffirmed an "outperform" rating and set a $125.00 price target on shares of Veralto in a research note on Tuesday, September 15th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $112.50.

Insider Buying and Selling at Veralto

In other news, CEO Jennifer Honeycutt sold 7,097 shares of the 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 represents a 5.41% decrease in their position. 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 Veralto stock in a transaction on Monday, August 17th. The shares were 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 owned 8,565 shares in the company, valued at $831,233.25. This 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. In the last ninety days, insiders have sold 15,180 shares of company stock worth $1,490,394. 0.43% of the stock is currently owned by corporate insiders.

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.

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