Insider Selling: Veralto (NYSE:VLTO) SVP Sells 986 Shares

Key Points

• Veralto SVP Surekha Trivedi sold 986 shares at an average price of $97.05, totaling $95,691.30. The Rule 10b5-1 transaction reduced her ownership by 10.32% to 8,565 shares.
• Veralto reported stronger-than-expected quarterly results, with EPS of $1.11 versus the $1.01 consensus and revenue of $1.47 billion. Revenue increased 7.5% year over year, and the company provided fiscal 2026 EPS guidance of $4.35 to $4.43.
• Shares recently traded at $100.09, while analysts maintain a “Moderate Buy” consensus rating and an average price target of $110.90. Institutional investors and hedge funds own approximately 91.28% of the company.

Veralto Corporation (NYSE:VLTO - Get Free Report) SVP Surekha Trivedi sold 986 shares of the company'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 owned 8,565 shares of the company's stock, valued at approximately $831,233.25. This represents a 10.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Veralto Price Performance

Veralto stock traded up $4.02 during midday trading on Wednesday, reaching $100.09. The company's stock had a trading volume of 1,828,834 shares, compared to its average volume of 2,038,189. 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 stock has a market cap of $24.40 billion, a PE ratio of 25.28, a price-to-earnings-growth ratio of 2.65 and a beta of 0.60. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. The business has a 50-day moving average price of $91.59 and a 200-day moving average price of $90.44.

Veralto (NYSE:VLTO - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.10. The firm 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 prior year, the business earned $0.93 earnings per share. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. On average, sell-side analysts predict that Veralto Corporation will post 4.4 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VLTO. Wolfe Research reaffirmed an "outperform" rating and set a $109.00 target price on shares of Veralto in a research note on Thursday, July 9th. Robert W. Baird set a $111.00 price objective on Veralto in a report on Thursday, July 30th. Citigroup boosted their price objective on Veralto from $102.00 to $107.00 and gave the stock a "neutral" rating in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Veralto in a report on Wednesday, June 24th. Finally, BNP Paribas Exane reiterated an "outperform" rating and issued a $120.00 target price (up from $115.00) on shares of Veralto in a research report on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Veralto currently has a consensus rating of "Moderate Buy" and an average price target of $110.90.

Hedge Funds Weigh In On Veralto

A number of hedge funds have recently modified their holdings of VLTO. Brighton Jones LLC raised its position in Veralto by 16.1% during the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company's stock worth $352,000 after purchasing an additional 479 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Veralto by 5.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company's stock valued at $2,529,000 after buying an additional 1,306 shares during the period. Empowered Funds LLC raised its position in shares of Veralto by 20.4% during the first quarter. Empowered Funds LLC now owns 4,551 shares of the company's stock worth $443,000 after acquiring an additional 770 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Veralto by 102.4% during the first quarter. Geneos Wealth Management Inc. now owns 832 shares of the company's stock worth $81,000 after acquiring an additional 421 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of Veralto in the second quarter worth approximately $201,000. Institutional investors and hedge funds own 91.28% 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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