Rep. Gilbert Ray Cisneros, Jr. Purchases 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 May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Veralto stock on May 1st. 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 Revvity (NYSE:RVTY) on 5/1/2026.
  • Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
  • Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 4/29/2026.

Veralto Stock Down 0.3%

Shares of NYSE VLTO opened at $86.62 on Tuesday. Veralto Corporation has a 12-month low of $84.99 and a 12-month high of $110.11. The stock’s fifty day simple moving average is $89.87 and its two-hundred day simple moving average is $95.88. The stock has a market capitalization of $21.27 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 2.45 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:VLTOGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.02 by $0.05. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period in the previous year, the company posted $0.95 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. As a group, analysts expect that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, March 31st. Veralto’s dividend payout ratio (DPR) is 13.44%.

Analysts Set New Price Targets

VLTO has been the subject of a number of recent research reports. UBS Group boosted their target price on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Stifel Nicolaus decreased their target price on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Citigroup reduced their price target on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Finally, Robert W. Baird set a $103.00 price objective on Veralto in a report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $105.88.

Check Out Our Latest Research Report on Veralto

Institutional Trading of Veralto

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Oslo Pensjonsforsikring AS acquired a new position in shares of Veralto in the first quarter valued at about $104,000. Andra AP fonden lifted its holdings in shares of Veralto by 18.2% during the first quarter. Andra AP fonden now owns 218,600 shares of the company’s stock worth $19,329,000 after purchasing an additional 33,600 shares during the period. Cassaday & Co Wealth Management LLC purchased a new stake in Veralto in the first quarter valued at approximately $122,000. Dimensional Fund Advisors LP increased its holdings in Veralto by 16.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,788,026 shares of the company’s stock worth $158,063,000 after buying an additional 252,267 shares during the period. Finally, Parallel Advisors LLC increased its holdings in Veralto by 13.0% in the 1st quarter. Parallel Advisors LLC now owns 4,631 shares of the company’s stock worth $410,000 after buying an additional 534 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.

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

(Get Free Report)

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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