Veralto (NYSE:VLTO) CEO Jennifer Honeycutt Sells 7,097 Shares of Stock

Veralto Corporation (NYSE:VLTO) 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 transaction, the chief executive officer directly owned 124,085 shares in the company, valued at $12,597,109.20. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jennifer Honeycutt also recently made the following trade(s):

• On Friday, July 17th, Jennifer Honeycutt sold 7,097 shares of Veralto stock. The shares were sold at an average price of $95.00, for a total value of $674,215.00.

Veralto Trading Down 0.4%

Shares of VLTO stock opened at $94.34 on Friday. The stock has a market cap of $23.00 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 2.57 and a beta of 0.63. The stock has a 50-day moving average of $88.62 and a 200-day moving average of $90.90. The company has a current ratio of 1.78, a quick ratio of 1.32 and a debt-to-equity ratio of 0.86. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11.

Veralto (NYSE:VLTO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.10. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The firm’s revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company 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, equities research analysts forecast that Veralto Corporation will post 4.41 earnings per share for the current year.

Veralto Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Veralto’s dividend payout ratio is currently 13.13%.

Institutional Investors Weigh In On Veralto

A number of large investors have recently bought and sold shares of the stock. Laurel Wealth Advisors LLC acquired a new position in shares of Veralto during the fourth quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Veralto by 82.2% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after buying an additional 129 shares during the period. Creative Capital Management Investments LLC increased its position in Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after buying an additional 107 shares in the last quarter. DV Equities LLC bought a new stake in Veralto in the 4th quarter valued at about $35,000. Finally, Elyxium Wealth LLC acquired a new position in Veralto during the 4th quarter worth approximately $37,000. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VLTO. UBS Group boosted their price target on shares of Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday. Wolfe Research reiterated an “outperform” rating and set a $109.00 price objective on shares of Veralto in a research report on Thursday, July 9th. BNP Paribas Exane reissued an “outperform” rating and set a $120.00 target price (up from $115.00) on shares of Veralto in a research note on Thursday. Barclays boosted their target price on shares of Veralto from $113.00 to $117.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Royal Bank Of Canada upped their price target on shares of Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a research report on Thursday. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Veralto currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.90.

Veralto Company 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.