Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of Veralto Corporation (NYSE:VLTO)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Veralto Corporation (NYSE:VLTO). In a filing disclosed on July 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Veralto stock on June 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 6/30/2026.
  • Purchased $1,001 – $15,000 in shares of Texas Roadhouse (NASDAQ:TXRH) on 6/30/2026.
  • Purchased $1,001 – $15,000 in shares of Texas Capital Bancshares (NASDAQ:TCBI) on 6/30/2026.
  • Sold $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/30/2026.
  • Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 6/30/2026.
  • Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 6/30/2026.
  • Purchased $1,001 – $15,000 in shares of Microchip Technology (NASDAQ:MCHP) on 6/30/2026.
  • Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 6/30/2026.
  • Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 6/30/2026.
  • Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 6/30/2026.

Veralto Trading Down 0.1%

Shares of NYSE:VLTO traded down $0.09 during midday trading on Friday, hitting $92.46. The company had a trading volume of 2,176,685 shares, compared to its average volume of 2,459,839. The stock has a market cap of $22.71 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 2.61 and a beta of 0.63. The firm has a fifty day simple moving average of $86.14 and a 200 day simple moving average of $91.97. 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 Corporation has a 12 month low of $80.03 and a 12 month high of $110.11.

Veralto (NYSE:VLTOGet Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 predict that Veralto Corporation will post 4.24 EPS for the current year.

Veralto Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s dividend payout ratio is 13.44%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Barclays cut their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Royal Bank Of Canada increased their target price on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Citigroup cut their price target on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Robert W. Baird set a $103.00 target price on Veralto in a research report on Thursday, April 30th. Finally, Stifel Nicolaus dropped their price target 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 analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $105.88.

Read Our Latest Research Report on VLTO

Hedge Funds Weigh In On Veralto

Large investors have recently modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new stake in Veralto during the 4th quarter valued at $25,000. Goodman Advisory Group LLC purchased a new position in shares of Veralto during the 3rd quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Veralto by 82.2% in the fourth 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. Board of the Pension Protection Fund bought a new position in Veralto in the 4th quarter worth approximately $30,000. Finally, Creative Capital Management Investments LLC boosted 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 acquiring an additional 107 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Veralto

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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.

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