Verdence Capital Advisors LLC lowered its stake in Veralto Corporation (NYSE:VLTO – Free Report) by 81.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 2,588 shares of the company’s stock after selling 11,122 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Veralto were worth $244,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp bought a new stake in shares of Veralto in the 2nd quarter worth about $235,200,000. First Trust Advisors LP boosted its holdings in Veralto by 31.5% during the first quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock worth $543,817,000 after buying an additional 1,472,304 shares in the last quarter. Amundi lifted its holdings in shares of Veralto by 16.3% in the first quarter. Amundi now owns 3,797,526 shares of the company’s stock valued at $335,785,000 after purchasing an additional 531,478 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in Veralto during the second quarter valued at $35,594,000. Finally, SEB Asset Management AB bought a new stake in Veralto in the first quarter worth approximately $30,562,000. 91.28% of the stock is currently owned by hedge funds and other institutional investors.
Key Veralto News
Here are the key news stories impacting Veralto this week:
- Positive Sentiment: Q3 earnings and revenue beat estimates. Veralto reported adjusted earnings of $1.18 per share, above the $1.09 analyst consensus, while revenue rose 7.5% year over year to $1.51 billion, slightly exceeding expectations. EPS increased from $0.99 in the year-ago quarter. Veralto Reports Third Quarter 2026 Results
- Positive Sentiment: Water analytics and cost management supported performance. Management highlighted continued growth in water analytics and benefits from cost optimization, suggesting improving operating leverage and resilient demand for Veralto’s essential-resource solutions. VLTO Q3 deep dive
- Positive Sentiment: Data-center-related demand is expanding. Reports indicated that Veralto’s data-center business continues to grow, adding to investor enthusiasm about longer-term demand for its water-management and monitoring products. AI stocks and data-center demand
- Positive Sentiment: Fourth-quarter outlook points to acceleration. Veralto expects total sales growth of approximately 10%–11% in the fourth quarter and projects adjusted EPS of $1.13–$1.16. Full-year adjusted EPS is projected at $4.49–$4.52, reinforcing expectations for continued earnings momentum. Veralto fourth-quarter outlook
- Neutral Sentiment: The strong reaction raises the importance of Veralto delivering on its accelerated fourth-quarter sales outlook and sustaining margin gains as investors reassess the stock’s valuation.
Insider Buying and Selling
In other news, CEO Jennifer Honeycutt sold 7,098 shares of the stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $105.00, for a total transaction of $745,290.00. Following the transaction, the chief executive officer directly owned 120,060 shares of the company’s stock, valued at $12,606,300. This represents a 5.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $97.05, for a total value of $95,691.30. Following the completion of the transaction, the senior vice president directly owned 8,565 shares in the company, valued at approximately $831,233.25. This represents a 10.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.
Veralto Stock Up 7.1%
VLTO stock opened at $111.47 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.86. The stock has a market cap of $27.18 billion, a P/E ratio of 27.59, a P/E/G ratio of 3.15 and a beta of 0.62. The stock’s fifty day simple moving average is $98.23 and its two-hundred day simple moving average is $93.13. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $115.17.
Veralto (NYSE:VLTO – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.09 by $0.09. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Veralto had a net margin of 17.27% and a return on equity of 35.54%. Veralto’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the firm earned $0.99 EPS. Analysts expect that Veralto Corporation will post 4.51 EPS for the current year.
Veralto Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, September 30th were issued 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 was Wednesday, September 30th. Veralto’s dividend payout ratio is currently 13.13%.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the company. Wall Street Zen cut Veralto from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Jefferies Financial Group reissued a “buy” rating and set a $135.00 price target on shares of Veralto in a report on Friday. UBS Group boosted their price objective on shares of Veralto from $104.00 to $106.00 and gave the stock a “neutral” rating in a research report on Monday, October 5th. Barclays boosted their target price on Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Finally, Citigroup lifted their price target on Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $115.10.
Get Our Latest Research Report on Veralto
About Veralto
Veralto Corporation (NYSE: VLTO) is a global provider of technology, products and services that help customers manage water quality and improve the quality, safety and efficiency of packaged goods. The company serves municipal, industrial, commercial and consumer-facing markets through a portfolio of operating businesses.
Veralto’s Water Quality segment provides instruments, software and services used to test, monitor and treat water and wastewater. Its brands include Hach, Trojan Technologies and ChemTreat, which support applications such as laboratory and field testing, disinfection, water treatment and industrial water management.
The company’s Product Quality & Innovation segment supplies technologies used in product identification, packaging design, color management and quality inspection.
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