Veralto Corporation $VLTO Shares Purchased by Grandfield & Dodd LLC

Key Points

• Grandfield & Dodd LLC increased its Veralto stake by 726.9% in the third quarter, bringing its holdings to 20,392 shares valued at approximately $1.92 million. Institutional investors and hedge funds collectively own 91.28% of VLTO.
• Veralto reported better-than-expected third-quarter results, with adjusted EPS of $1.18 versus the $1.09 consensus and revenue up 7.5% year over year to $1.51 billion. Growth in water analytics, cost optimization and data-center demand supported performance, while management projected 10%–11% fourth-quarter sales growth.
• VLTO shares opened at $111.47, near their 52-week high, following a 7.1% rise. Analysts maintain a “Moderate Buy” consensus with an average price target of $115.10, although CEO Jennifer Honeycutt and SVP Surekha Trivedi recently sold shares under pre-arranged trading plans.

Grandfield & Dodd LLC boosted its holdings in shares of Veralto Corporation (NYSE:VLTO - Free Report) by 726.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,392 shares of the company's stock after acquiring an additional 17,926 shares during the quarter. Grandfield & Dodd LLC's holdings in Veralto were worth $1,923,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MGO One Seven LLC raised its stake in shares of Veralto by 3.2% during the third quarter. MGO One Seven LLC now owns 3,477 shares of the company's stock valued at $328,000 after acquiring an additional 107 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in shares of Veralto by 5.0% during the second quarter. Valeo Financial Advisors LLC now owns 2,751 shares of the company's stock worth $244,000 after purchasing an additional 131 shares during the period. Quadrant Capital Group LLC grew its stake in shares of Veralto by 1.2% in the third quarter. Quadrant Capital Group LLC now owns 12,100 shares of the company's stock worth $1,198,000 after purchasing an additional 141 shares during the last quarter. Nolet Wealth Management LLC grew its stake in shares of Veralto by 1.0% in the second quarter. Nolet Wealth Management LLC now owns 15,277 shares of the company's stock worth $1,355,000 after purchasing an additional 146 shares during the last quarter. Finally, North Dakota State Investment Board grew its stake in shares of Veralto by 2.0% in the third quarter. North Dakota State Investment Board now owns 7,517 shares of the company's stock worth $709,000 after purchasing an additional 150 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Key Veralto News

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.

Insiders Place Their Bets

In related news, CEO Jennifer Honeycutt sold 7,098 shares of Veralto stock in a transaction on 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 owned 120,060 shares of the company's stock, valued at $12,606,300. This trade represents a 5.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the business's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $97.05, for a total transaction of $95,691.30. Following the completion of the transaction, the senior vice president owned 8,565 shares in the company, valued at approximately $831,233.25. The trade was 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. 0.43% of the stock is owned by company insiders.

Veralto Stock Up 7.1%

Veralto stock opened at $111.47 on Friday. 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 $115.17. The firm has a 50 day moving average price of $98.23 and a two-hundred day moving average price of $93.13. The firm has a market cap of $27.18 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 3.15 and a beta of 0.62.

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

Veralto Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, September 30th were paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 30th. Veralto's dividend payout ratio (DPR) is currently 13.13%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. UBS Group increased their price objective on Veralto from $104.00 to $106.00 and gave the company a "neutral" rating in a report on Monday, October 5th. Robert W. Baird set a $111.00 target price on Veralto in a report on Thursday, July 30th. Wall Street Zen lowered Veralto from a "buy" rating to a "hold" rating in a research report on Saturday, October 24th. Citigroup upped their price target on Veralto from $102.00 to $107.00 and gave the company a "neutral" rating in a research report on Thursday, July 30th. Finally, Weiss Ratings raised Veralto from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, October 19th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $115.10.

About Veralto

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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