Pictet Asset Management Holding SA Sells 639,265 Shares of Veralto Corporation $VLTO

Key Points

• Pictet Asset Management trimmed its stake in Veralto by 13.7%, selling 639,265 shares and leaving it with 4,021,161 shares (about 1.62% of the company) valued at roughly $401.25 million; institutional ownership stands at 91.28%.
• Veralto beat quarterly EPS estimates with $1.04 versus $0.98 consensus while reporting $1.40 billion in revenue (slightly below estimates) and set FY2026 guidance of 4.10–4.20 EPS, in line with analysts' ~4.21 consensus.
• The company announced a quarterly dividend of $0.13 (annualized $0.52, ~0.6% yield), and the stock carries a Moderate Buy consensus from analysts with a $107.56 average price target; shares trade near $88.67 with a market cap of $21.78 billion and a PE of 23.65.

Pictet Asset Management Holding SA lessened its holdings in shares of Veralto Corporation (NYSE:VLTO - Free Report) by 13.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,021,161 shares of the company's stock after selling 639,265 shares during the period. Pictet Asset Management Holding SA owned approximately 1.62% of Veralto worth $401,252,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Root Financial Partners LLC bought a new stake in shares of Veralto during the third quarter worth $27,000. Goodman Advisory Group LLC acquired a new position in Veralto in the 3rd quarter worth $29,000. Board of the Pension Protection Fund acquired a new position in Veralto in the 4th quarter worth $30,000. Creative Capital Management Investments LLC increased its holdings in Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company's stock worth $34,000 after purchasing an additional 107 shares in the last quarter. Finally, True Wealth Design LLC raised its stake in shares of Veralto by 852.9% in the 3rd quarter. True Wealth Design LLC now owns 324 shares of the company's stock valued at $35,000 after purchasing an additional 290 shares during the period. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Veralto Stock Up 0.1%

VLTO stock opened at $88.67 on Monday. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64. The business's 50 day simple moving average is $91.00 and its 200 day simple moving average is $96.83. Veralto Corporation has a 1-year low of $84.99 and a 1-year high of $110.11. The firm has a market capitalization of $21.78 billion, a PE ratio of 23.65, a PEG ratio of 2.52 and a beta of 0.98.

Veralto (NYSE:VLTO - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.06. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter last year, the firm earned $0.95 earnings per share. The company's revenue was up 3.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, research analysts anticipate that Veralto Corporation will post 4.21 EPS for the current year.

Veralto Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Veralto's dividend payout ratio is 13.87%.

Analyst Ratings Changes

VLTO has been the subject of several recent research reports. Weiss Ratings cut Veralto from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, December 31st. Barclays reaffirmed an "overweight" rating and set a $117.00 price target on shares of Veralto in a research report on Thursday, February 5th. Jefferies Financial Group assumed coverage on shares of Veralto in a research report on Tuesday, March 31st. They issued a "buy" rating and a $110.00 price objective on the stock. Royal Bank Of Canada decreased their target price on shares of Veralto from $111.00 to $102.00 and set a "sector perform" rating for the company in a research report on Thursday, February 5th. Finally, UBS Group lowered their price target on shares of Veralto from $102.00 to $99.00 and set a "neutral" rating on the stock in a research note on Thursday, April 9th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $107.56.

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. This segment provides water solutions, including chemical reagents, services, and digital solutions.

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