Veralto Corporation $VLTO Shares Acquired by Handelsbanken Fonder AB

Key Points

• Handelsbanken Fonder increased its Veralto stake by 9.1% in the second quarter, bringing its holdings to 219,254 shares valued at approximately $19.4 million. Institutional investors collectively own 91.28% of the company.
• Analysts maintain a “Moderate Buy” consensus on VLTO, with six Buy ratings and five Holds and an average price target of $110.90, above the reported share price of $96.78.
• Veralto exceeded quarterly expectations, reporting $1.11 in adjusted EPS and $1.47 billion in revenue, while revenue grew 7.5% year over year. The company issued fiscal 2026 EPS guidance of $4.35 to $4.43.

Handelsbanken Fonder AB increased its stake in shares of Veralto Corporation (NYSE:VLTO - Free Report) by 9.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 219,254 shares of the company's stock after purchasing an additional 18,277 shares during the period. Handelsbanken Fonder AB owned 0.09% of Veralto worth $19,443,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VLTO. Private Advisor Group LLC increased its position in Veralto by 0.7% during the third quarter. Private Advisor Group LLC now owns 15,777 shares of the company's stock worth $1,682,000 after buying an additional 109 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Veralto by 18.9% in the third quarter. Larson Financial Group LLC now owns 735 shares of the company's stock worth $78,000 after acquiring an additional 117 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company's stock valued at $29,000 after acquiring an additional 129 shares in the last quarter. Valeo Financial Advisors LLC lifted its position in shares of Veralto by 5.0% in the second quarter. Valeo Financial Advisors LLC now owns 2,751 shares of the company's stock valued at $244,000 after acquiring an additional 131 shares in the last quarter. Finally, MGO One Seven LLC boosted its stake in shares of Veralto by 4.7% during the fourth quarter. MGO One Seven LLC now owns 3,743 shares of the company's stock valued at $373,000 after acquiring an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 91.28% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on VLTO. Barclays lifted their price objective on Veralto from $113.00 to $117.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Wolfe Research reaffirmed an "outperform" rating and set a $109.00 price target on shares of Veralto in a research note on Thursday, July 9th. BNP Paribas Exane reiterated an "outperform" rating and set a $120.00 price target (up from $115.00) on shares of Veralto in a report on Thursday, July 30th. Citigroup lifted their price target on shares of Veralto from $102.00 to $107.00 and gave the stock a "neutral" rating in a report on Thursday, July 30th. Finally, Stifel Nicolaus upped their price objective on shares of Veralto from $111.00 to $114.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $110.90.

Veralto Price Performance

Shares of NYSE:VLTO opened at $96.78 on Thursday. The company has a market cap of $23.59 billion, a P/E ratio of 24.44, a P/E/G ratio of 2.66 and a beta of 0.60. The company has a quick ratio of 1.61, a current ratio of 1.78 and a debt-to-equity ratio of 0.86. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. The business has a fifty day simple moving average of $90.67 and a 200-day simple moving average of $90.54.

Veralto (NYSE:VLTO - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the prior year, the business posted $0.93 earnings per share. The firm's revenue for the quarter was up 7.5% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Equities research analysts forecast that Veralto Corporation will post 4.4 EPS for the current year.

Insider Transactions at Veralto

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the business's 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 directly owned 124,085 shares in the company, valued at approximately $12,597,109.20. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company's stock.

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.

Want to see what other hedge funds are holding VLTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Veralto Corporation (NYSE:VLTO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source