Veralto Corporation $VLTO Shares Bought by Groupe la Francaise

Key Points

• Groupe la Française increased its Veralto stake by 18.4% in the second quarter, acquiring 20,294 additional shares and bringing its holdings to 130,703 shares valued at approximately $11.6 million. Institutional investors and hedge funds collectively own 91.28% of the company.
• Analyst sentiment remains positive, with Veralto receiving a “Moderate Buy” consensus rating and an average price target of $110.90. Barclays, Stifel, UBS, and RBC recently raised their price targets.
• Veralto exceeded quarterly expectations, reporting adjusted EPS of $1.11 versus the $1.01 consensus and revenue of $1.47 billion, up 7.5% year over year. The company guided for fiscal 2026 EPS of $4.35–$4.43.

Groupe la Francaise lifted its stake in shares of Veralto Corporation (NYSE:VLTO - Free Report) by 18.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 130,703 shares of the company's stock after acquiring an additional 20,294 shares during the quarter. Groupe la Francaise owned 0.05% of Veralto worth $11,594,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Annis Gardner Whiting Capital Advisors LLC boosted its holdings 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 worth $29,000 after buying an additional 129 shares during the period. Highland Investment Advisors LLC purchased a new position in Veralto during the 2nd quarter worth approximately $32,000. DV Equities LLC acquired a new stake in Veralto during the 4th quarter valued at $35,000. Elyxium Wealth LLC purchased a new stake in shares of Veralto in the fourth quarter valued at $37,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Veralto in the second quarter worth $44,000. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VLTO. Weiss Ratings reissued a "hold (c)" rating on shares of Veralto in a research note on Wednesday, June 24th. Barclays increased their price objective on Veralto from $113.00 to $117.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Stifel Nicolaus increased their target price on shares of Veralto from $111.00 to $114.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. UBS Group lifted their price target on shares of Veralto from $98.00 to $104.00 and gave the company a "neutral" rating in a research report on Thursday, July 30th. Finally, Royal Bank Of Canada lifted their price objective on Veralto from $100.00 to $109.00 and gave the stock a "sector perform" 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 stock. Based on data from MarketBeat, Veralto presently has an average rating of "Moderate Buy" and an average price target of $110.90.

Veralto Price Performance

Shares of VLTO stock opened at $96.34 on Monday. The firm's 50 day moving average price is $95.22 and its two-hundred day moving average price is $90.81. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.61 and a current ratio of 1.78. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $109.86. The stock has a market cap of $23.49 billion, a PE ratio of 24.33, a PEG ratio of 2.73 and a beta of 0.60.

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

Insider Buying and Selling

In other Veralto news, CEO Jennifer Honeycutt sold 7,097 shares of the business's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total value of $720,487.44. Following the completion of the transaction, the chief executive officer directly owned 124,085 shares of the company's stock, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 dated Monday, August 17th. The shares were sold at an average price of $97.05, for a total value of $95,691.30. Following the transaction, the senior vice president owned 8,565 shares in the company, valued at $831,233.25. This trade represents a 10.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 15,180 shares of company stock valued at $1,490,394. Corporate insiders own 0.43% of the company's stock.

About Veralto

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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