Swedbank AB Sells 134,414 Shares of Veralto Corporation $VLTO

Swedbank AB trimmed its holdings in shares of Veralto Corporation (NYSE:VLTO) by 10.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,098,118 shares of the company’s stock after selling 134,414 shares during the quarter. Swedbank AB’s holdings in Veralto were worth $109,570,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in Veralto during the fourth quarter worth about $25,000. Root Financial Partners LLC bought a new position in Veralto during the third quarter worth about $27,000. Goodman Advisory Group LLC bought a new position in Veralto during the third quarter worth about $29,000. Board of the Pension Protection Fund bought a new position in Veralto during the fourth quarter worth about $30,000. Finally, Creative Capital Management Investments LLC increased its position in Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after acquiring an additional 107 shares during the period. 91.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on VLTO shares. UBS Group increased their price objective on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Citigroup reduced their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Stifel Nicolaus reduced their price objective on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Royal Bank Of Canada increased their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Finally, Barclays reduced their price objective on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Veralto has a consensus rating of “Hold” and an average price target of $105.88.

Veralto Trading Up 1.2%

Shares of Veralto stock opened at $86.98 on Friday. The company has a market capitalization of $21.36 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 2.45 and a beta of 0.77. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. Veralto Corporation has a 12-month low of $84.45 and a 12-month high of $110.11. The firm’s 50-day moving average price is $88.33 and its two-hundred day moving average price is $94.90.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, analysts forecast that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s payout ratio is 13.44%.

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.