Forsta AP Fonden Decreases Stake in Veralto Corporation $VLTO

Forsta AP Fonden reduced its stake in shares of Veralto Corporation (NYSE:VLTO) by 17.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 55,808 shares of the company’s stock after selling 12,100 shares during the period. Forsta AP Fonden’s holdings in Veralto were worth $5,569,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new stake in shares of Veralto during the 4th quarter worth $25,000. Goodman Advisory Group LLC purchased a new stake in shares of Veralto during the 3rd quarter worth $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of 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 purchasing an additional 129 shares in the last quarter. Board of the Pension Protection Fund purchased a new stake in shares of Veralto during the 4th quarter worth $30,000. Finally, Creative Capital Management Investments LLC boosted its position in shares of 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 purchasing an additional 107 shares in the last quarter. 91.28% of the stock is currently owned by hedge funds and other institutional investors.

Veralto Trading Up 1.8%

Shares of VLTO stock opened at $83.72 on Tuesday. The firm has a 50-day moving average price of $87.63 and a 200 day moving average price of $94.27. Veralto Corporation has a twelve month low of $80.03 and a twelve month high of $110.11. The company has a market capitalization of $20.56 billion, a price-to-earnings ratio of 21.63, a PEG ratio of 2.32 and a beta of 0.77. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65.

Veralto (NYSE:VLTO) last announced its earnings results 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. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the company posted $0.95 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Research analysts forecast that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on VLTO shares. Royal Bank Of Canada boosted their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. 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 shares of Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective on the stock. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research report on Thursday, April 30th. Finally, Stifel Nicolaus decreased their price objective on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $105.88.

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.