Intech Investment Management LLC Sells 91,131 Shares of Veralto Corporation $VLTO

Intech Investment Management LLC decreased its position in shares of Veralto Corporation (NYSE:VLTO) by 72.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,820 shares of the company’s stock after selling 91,131 shares during the period. Intech Investment Management LLC’s holdings in Veralto were worth $3,375,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new position in Veralto during the 4th quarter worth $25,000. Goodman Advisory Group LLC bought a new position in Veralto during the 3rd quarter worth $29,000. Annis Gardner Whiting Capital Advisors LLC increased its position in Veralto by 82.2% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after buying an additional 129 shares during the period. Board of the Pension Protection Fund bought a new position in Veralto during the 4th quarter worth $30,000. Finally, Creative Capital Management Investments LLC increased its position in Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after buying an additional 107 shares during the period. Institutional investors own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on VLTO shares. Barclays lowered their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. UBS Group increased their price objective on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Jefferies Financial Group started coverage on Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective on the stock. Finally, Royal Bank Of Canada increased their price objective on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $105.88.

Veralto Stock Performance

NYSE:VLTO opened at $83.72 on Tuesday. The stock’s 50-day simple moving average is $87.63 and its 200 day simple moving average is $94.27. The firm has a market capitalization of $20.56 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.32 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 twelve month low of $80.03 and a twelve month high of $110.11.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.Veralto’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the firm 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 anticipate that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Dividend Announcement

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