Veralto Corporation $VLTO Shares Newly Bought by Cidel Asset Management Inc.

Key Points

• Cidel Asset Management bought 18,792 Veralto shares worth approximately $1.77 million during the third quarter. Institutional investors and hedge funds collectively own 91.28% of the company.
• Veralto’s third-quarter results exceeded expectations, with adjusted EPS of $1.18 versus the $1.09 consensus and revenue up 7.5% year over year to $1.51 billion. Management projects fourth-quarter sales growth of roughly 10%–11% and full-year adjusted EPS of $4.49–$4.52.
• Analysts maintain a favorable outlook, with seven Buy ratings and three Holds producing a consensus “Moderate Buy” rating and a $115.10 target price. Shares opened at $111.47, near the 52-week high of $115.17.

Cidel Asset Management Inc. purchased a new stake in shares of Veralto Corporation (NYSE:VLTO - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 18,792 shares of the company's stock, valued at approximately $1,772,000.

Several other large investors have also recently added to or reduced their stakes in the company. Arbejdsmarkedets Tillaegspension boosted its stake in Veralto by 23.4% during the first quarter. Arbejdsmarkedets Tillaegspension now owns 291,695 shares of the company's stock worth $25,792,000 after buying an additional 55,348 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in Veralto by 9.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 219,254 shares of the company's stock valued at $19,443,000 after buying an additional 18,277 shares during the period. Groupe la Francaise increased its holdings in Veralto by 18.4% in the 2nd quarter. Groupe la Francaise now owns 130,703 shares of the company's stock valued at $11,594,000 after buying an additional 20,294 shares during the period. Formuepleje A S raised its stake in shares of Veralto by 61.8% in the 2nd quarter. Formuepleje A S now owns 42,528 shares of the company's stock valued at $3,771,000 after buying an additional 16,240 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Veralto in the 2nd quarter valued at $13,887,000. Institutional investors and hedge funds own 91.28% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on VLTO shares. Stifel Nicolaus set a $113.00 price objective on shares of Veralto in a report on Monday, October 19th. Barclays upped their target price on shares of Veralto from $113.00 to $117.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. Wolfe Research began coverage on shares of Veralto in a research report on Tuesday, September 15th. They issued an "outperform" rating and a $125.00 price target for the company. BNP Paribas Exane reissued an "outperform" rating and issued a $120.00 price target (up from $115.00) on shares of Veralto in a research report on Thursday, July 30th. Finally, Royal Bank Of Canada raised their price target on shares of Veralto from $100.00 to $109.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Veralto presently has a consensus rating of "Moderate Buy" and a consensus target price of $115.10.

Key Headlines Impacting Veralto

Here are the key news stories impacting Veralto this week:

• Positive Sentiment: Q3 earnings and revenue beat estimates. Veralto reported adjusted earnings of $1.18 per share, above the $1.09 analyst consensus, while revenue rose 7.5% year over year to $1.51 billion, slightly exceeding expectations. EPS increased from $0.99 in the year-ago quarter. Veralto Reports Third Quarter 2026 Results
• Positive Sentiment: Water analytics and cost management supported performance. Management highlighted continued growth in water analytics and benefits from cost optimization, suggesting improving operating leverage and resilient demand for Veralto’s essential-resource solutions. VLTO Q3 deep dive
• Positive Sentiment: Data-center-related demand is expanding. Reports indicated that Veralto’s data-center business continues to grow, adding to investor enthusiasm about longer-term demand for its water-management and monitoring products. AI stocks and data-center demand
• Positive Sentiment: Fourth-quarter outlook points to acceleration. Veralto expects total sales growth of approximately 10%–11% in the fourth quarter and projects adjusted EPS of $1.13–$1.16. Full-year adjusted EPS is projected at $4.49–$4.52, reinforcing expectations for continued earnings momentum. Veralto fourth-quarter outlook
• Neutral Sentiment: The strong reaction raises the importance of Veralto delivering on its accelerated fourth-quarter sales outlook and sustaining margin gains as investors reassess the stock’s valuation.

Veralto Stock Performance

Shares of NYSE:VLTO opened at $111.47 on Friday. The business's fifty day moving average price is $98.23 and its two-hundred day moving average price is $93.13. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $115.17. The stock has a market capitalization of $27.18 billion, a price-to-earnings ratio of 27.59, a price-to-earnings-growth ratio of 3.15 and a beta of 0.62. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61.

Veralto (NYSE:VLTO - Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.09. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Veralto had a return on equity of 35.54% and a net margin of 17.27%. The business's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.99 earnings per share. As a group, analysts predict that Veralto Corporation will post 4.51 EPS for the current fiscal year.

Veralto Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th were issued a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. Veralto's dividend payout ratio is presently 13.13%.

Insider Activity

In related news, CEO Jennifer Honeycutt sold 7,098 shares of Veralto stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $105.00, for a total transaction of $745,290.00. Following the completion of the transaction, the chief executive officer directly owned 120,060 shares of the company's stock, valued at $12,606,300. This trade represents a 5.58% decrease in their position. The sale was disclosed in a document filed 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 dated Monday, August 17th. The shares were sold at an average price of $97.05, for a total transaction of $95,691.30. Following the transaction, the senior vice president directly owned 8,565 shares of the company's stock, valued at $831,233.25. This represents a 10.32% decrease in their ownership of the stock. 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. 0.43% of the stock is currently owned by corporate insiders.

Veralto Profile

Veralto Corporation NYSE: VLTO is a global provider of technology, products and services that help customers manage water quality and improve the quality, safety and efficiency of packaged goods. The company serves municipal, industrial, commercial and consumer-facing markets through a portfolio of operating businesses.

Veralto's Water Quality segment provides instruments, software and services used to test, monitor and treat water and wastewater. Its brands include Hach, Trojan Technologies and ChemTreat, which support applications such as laboratory and field testing, disinfection, water treatment and industrial water management.

The company's Product Quality & Innovation segment supplies technologies used in product identification, packaging design, color management and quality inspection.

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