Veralto Corporation $VLTO Stock Bought by Vest Financial LLC

Key Points

• Vest Financial increased its Veralto stake by 15.7% in the third quarter, bringing its holdings to 854,460 shares valued at approximately $80.6 million. Institutional investors collectively own 91.28% of VLTO.
• Veralto reported quarterly earnings of $1.11 per share, exceeding estimates by $0.10, while revenue rose 7.5% year over year to $1.47 billion. Management expects fiscal 2026 EPS of $4.35–$4.43.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus rating and an average price target of $112.60, compared with the reported share price of $101.23. The company also declared a quarterly dividend of $0.13 per share.

Vest Financial LLC raised its holdings in Veralto Corporation (NYSE:VLTO - Free Report) by 15.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 854,460 shares of the company's stock after buying an additional 116,143 shares during the period. Veralto makes up approximately 0.8% of Vest Financial LLC's portfolio, making the stock its 24th largest position. Vest Financial LLC owned 0.35% of Veralto worth $80,593,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Highland Investment Advisors LLC purchased a new stake in shares of Veralto during the second quarter worth $32,000. International Assets Investment Management LLC acquired a new stake in shares of Veralto in the first quarter valued at $66,000. Western Wealth Management LLC purchased a new position in Veralto in the first quarter valued at $83,000. Ascentis Independent Advisors purchased a new position in Veralto in the first quarter valued at $96,000. Finally, Oslo Pensjonsforsikring AS purchased a new position in Veralto in the first quarter valued at $104,000. Institutional investors and hedge funds own 91.28% of the company's stock.

Veralto Trading Down 0.1%

Shares of NYSE:VLTO opened at $101.23 on Thursday. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $105.75. The company's 50 day moving average is $97.23 and its two-hundred day moving average is $92.05. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.86. The company has a market cap of $24.68 billion, a PE ratio of 25.56, a P/E/G ratio of 2.87 and a beta of 0.62.

Veralto (NYSE:VLTO - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.10. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The company's revenue was up 7.5% on a year-over-year basis. During the same period last year, the business earned $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. Equities analysts predict that Veralto Corporation will post 4.41 earnings per share for the current fiscal year.

Veralto Dividend Announcement

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

Insiders Place Their Bets

In other Veralto news, SVP Surekha Trivedi sold 986 shares of the firm's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $97.05, for a total value of $95,691.30. Following the sale, the senior vice president directly owned 8,565 shares in the company, valued at $831,233.25. This trade represents a 10.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jennifer Honeycutt sold 7,097 shares of Veralto 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 sale, the chief executive officer directly owned 124,085 shares of the company's stock, valued at $12,597,109.20. This trade represents a 5.41% decrease in their ownership of the stock. 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.

Wall Street Analyst Weigh In

Several research analysts recently commented on VLTO shares. Stifel Nicolaus set a $113.00 target price on Veralto in a research note on Monday. Royal Bank Of Canada upped their price target on Veralto from $100.00 to $109.00 and gave the stock a "sector perform" rating in a report on Thursday, July 30th. BNP Paribas Exane reaffirmed 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. Jefferies Financial Group upgraded Veralto to a "strong-buy" rating in a research note on Monday, October 12th. Finally, Weiss Ratings upgraded Veralto from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $112.60.

Veralto Company 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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