Pacer Advisors Inc. Has $2.09 Million Holdings in Veralto Corporation $VLTO

Pacer Advisors Inc. decreased its position in shares of Veralto Corporation (NYSE:VLTO) by 23.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 23,674 shares of the company’s stock after selling 7,132 shares during the period. Pacer Advisors Inc.’s holdings in Veralto were worth $2,093,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of VLTO. Laurel Wealth Advisors LLC acquired a new position in Veralto in the fourth quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position in 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 acquiring an additional 129 shares in the last quarter. Creative Capital Management Investments LLC lifted its position in shares of 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 purchasing an additional 107 shares in the last quarter. DV Equities LLC bought a new stake in shares of Veralto during the fourth quarter valued at approximately $35,000. Finally, Elyxium Wealth LLC bought a new position in Veralto in the 4th quarter worth approximately $37,000. 91.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on VLTO. Barclays raised their target price on shares of Veralto from $113.00 to $117.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. UBS Group increased their price objective on shares of Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Robert W. Baird set a $111.00 target price on Veralto in a research report on Thursday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Finally, Citigroup increased their price target on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $110.90.

Veralto Trading Up 0.3%

VLTO opened at $98.35 on Friday. The company’s 50 day moving average is $89.85 and its 200-day moving average is $90.72. The company has a market cap of $23.98 billion, a P/E ratio of 24.84, a PEG ratio of 2.66 and a beta of 0.60. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.86.

Veralto (NYSE:VLTO) last announced its earnings results on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, topping the consensus estimate of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the business earned $0.93 EPS. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Equities research analysts predict that Veralto Corporation will post 4.4 earnings per share for the current fiscal year.

Veralto Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors 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 dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is presently 13.13%.

Insider Buying and Selling

In other Veralto news, CEO Jennifer Honeycutt sold 7,097 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total value of $720,487.44. Following the completion of the transaction, the chief executive officer owned 124,085 shares in the company, valued at $12,597,109.20. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed 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. Company insiders own 0.43% of the company’s stock.

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.