ING Groep NV Cuts Holdings in Veralto Corporation $VLTO

ING Groep NV lowered its stake in shares of Veralto Corporation (NYSE:VLTO) by 46.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 159,781 shares of the company’s stock after selling 137,833 shares during the period. ING Groep NV owned 0.06% of Veralto worth $17,034,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in VLTO. Harbor Asset Planning Inc. bought a new stake in Veralto during the second quarter valued at about $26,000. Root Financial Partners LLC purchased a new stake in shares of Veralto during the third quarter valued at about $27,000. Loomis Sayles & Co. L P bought a new stake in shares of Veralto in the 2nd quarter valued at about $28,000. True Wealth Design LLC boosted its holdings in shares of Veralto by 852.9% in the 3rd quarter. True Wealth Design LLC now owns 324 shares of the company’s stock valued at $35,000 after buying an additional 290 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in shares of Veralto in the 2nd quarter worth approximately $44,000. 91.28% of the stock is owned by institutional investors.

Veralto Stock Performance

Shares of NYSE VLTO opened at $95.19 on Thursday. The company has a 50 day simple moving average of $99.71 and a two-hundred day simple moving average of $102.54. The stock has a market cap of $23.64 billion, a price-to-earnings ratio of 25.38, a PEG ratio of 2.65 and a beta of 0.89. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64. Veralto Corporation has a 12 month low of $83.86 and a 12 month high of $110.11.

Veralto (NYSE:VLTO) last issued its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.06. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter last year, the company posted $0.95 earnings per share. The firm’s revenue was up 3.8% compared to the same quarter last year. 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, analysts predict that Veralto Corporation will post 3.66 earnings per share for the current year.

Veralto Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were given a dividend of $0.13 per share. This is an increase from Veralto’s previous quarterly dividend of $0.11. This represents a $0.52 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, December 31st. Veralto’s dividend payout ratio (DPR) is 13.87%.

Insider Transactions at Veralto

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

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Jefferies Financial Group reissued a “hold” rating on shares of Veralto in a research report on Wednesday, February 4th. Weiss Ratings lowered Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. Royal Bank Of Canada lowered their price objective on Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a research report on Thursday, February 5th. Stifel Nicolaus set a $118.00 target price on Veralto in a research report on Thursday, February 5th. Finally, UBS Group set a $102.00 price target on Veralto and gave the stock a “neutral” rating in a report on Friday, February 6th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Veralto presently has an average rating of “Hold” and an average price target of $108.22.

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.