Lansforsakringar Fondforvaltning AB publ Raises Stock Position in Veralto Corporation $VLTO

Lansforsakringar Fondforvaltning AB publ grew its holdings in shares of Veralto Corporation (NYSE:VLTO) by 11.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 81,497 shares of the company’s stock after acquiring an additional 8,335 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Veralto were worth $8,688,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Norges Bank purchased a new stake in Veralto during the second quarter valued at approximately $264,150,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in Veralto by 6,015.1% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,347,647 shares of the company’s stock valued at $136,045,000 after buying an additional 1,325,609 shares during the period. Vanguard Group Inc. boosted its stake in Veralto by 2.8% during the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after buying an additional 852,276 shares during the period. AQR Capital Management LLC increased its position in Veralto by 154.7% during the second quarter. AQR Capital Management LLC now owns 1,159,433 shares of the company’s stock valued at $117,045,000 after acquiring an additional 704,213 shares during the last quarter. Finally, Westwood Holdings Group Inc. purchased a new stake in shares of Veralto in the second quarter valued at $69,839,000. Institutional investors own 91.28% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Barclays reiterated an “overweight” rating and set a $117.00 price target on shares of Veralto in a report on Thursday, February 5th. Robert W. Baird set a $108.00 price target on Veralto in a report on Thursday, February 5th. Citigroup dropped their price objective on Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Weiss Ratings lowered Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Veralto in a research note on Wednesday, February 4th. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Veralto presently has an average rating of “Hold” and a consensus target price of $108.22.

Veralto Stock Down 0.5%

Shares of Veralto stock opened at $92.63 on Tuesday. The stock has a market cap of $23.00 billion, a price-to-earnings ratio of 24.70, a PEG ratio of 2.66 and a beta of 0.89. Veralto Corporation has a 1 year low of $83.86 and a 1 year high of $110.11. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52. The firm’s 50-day moving average is $98.60 and its two-hundred day moving average is $101.79.

Veralto (NYSE:VLTO) last announced its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.06. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.95 EPS. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, research analysts expect that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This is a positive change from Veralto’s previous quarterly dividend of $0.11. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s payout ratio is currently 13.87%.

Insider Buying and Selling at Veralto

In other news, SVP Mattias Bystrom sold 1,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $101.73, for a total transaction of $101,730.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.36% of the company’s stock.

Veralto Profile

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.