Veralto Corporation $VLTO Stock Position Lifted by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR increased its stake in Veralto Corporation (NYSE:VLTO) by 35.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,053 shares of the company’s stock after purchasing an additional 9,901 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Veralto were worth $4,057,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. True Wealth Design LLC lifted its stake in shares of Veralto by 852.9% in the 3rd quarter. True Wealth Design LLC now owns 324 shares of the company’s stock worth $35,000 after acquiring an additional 290 shares during the period. Financial Consulate Inc. bought a new stake in Veralto during the third quarter worth approximately $535,000. Mather Group LLC. acquired a new stake in Veralto in the third quarter worth approximately $97,000. Merit Financial Group LLC lifted its position in Veralto by 43.5% in the third quarter. Merit Financial Group LLC now owns 14,125 shares of the company’s stock worth $1,506,000 after purchasing an additional 4,279 shares during the period. Finally, Sivia Capital Partners LLC boosted its stake in Veralto by 56.7% during the 3rd quarter. Sivia Capital Partners LLC now owns 3,124 shares of the company’s stock valued at $333,000 after purchasing an additional 1,131 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Performance

Shares of Veralto stock opened at $98.49 on Friday. The stock has a market cap of $24.46 billion, a PE ratio of 26.98, a price-to-earnings-growth ratio of 2.85 and a beta of 0.87. Veralto Corporation has a 12 month low of $83.86 and a 12 month high of $110.11. The company has a quick ratio of 1.40, a current ratio of 1.57 and a debt-to-equity ratio of 0.69. The business has a fifty day simple moving average of $100.09 and a 200-day simple moving average of $102.97.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.04. Veralto had a return on equity of 38.69% and a net margin of 16.75%.The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the company posted $0.89 EPS. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS and its Q4 2025 guidance at 0.950-0.980 EPS. On average, sell-side analysts anticipate that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This is a boost from Veralto’s previous quarterly dividend of $0.11. This represents a $0.52 dividend on an annualized basis and a yield of 0.5%. Veralto’s payout ratio is presently 14.25%.

Insiders Place Their Bets

In other Veralto news, SVP Mattias Bystrom sold 1,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $101.73, for a total value of $101,730.00. Following the completion of the sale, the senior vice president owned 31,430 shares in the company, valued at $3,197,373.90. This represents a 3.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

VLTO has been the subject of several research analyst reports. Barclays upped their price objective on Veralto from $119.00 to $121.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. UBS Group raised their price objective on shares of Veralto from $110.00 to $112.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. BMO Capital Markets dropped their target price on shares of Veralto from $123.00 to $114.00 and set an “outperform” rating on the stock in a report on Tuesday, November 25th. Jefferies Financial Group restated a “hold” rating and set a $105.00 target price (down from $125.00) on shares of Veralto in a report on Wednesday, December 10th. Finally, Weiss Ratings cut Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $112.89.

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.