Veralto Corporation $VLTO Stock Holdings Trimmed by Community Financial Services Group LLC

Community Financial Services Group LLC lessened its holdings in shares of Veralto Corporation (NYSE:VLTO) by 32.7% in the second quarter, HoldingsChannel reports. The fund owned 37,615 shares of the company’s stock after selling 18,305 shares during the period. Community Financial Services Group LLC’s holdings in Veralto were worth $3,398,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new stake in Veralto in the fourth quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Veralto by 82.2% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after buying an additional 129 shares during the period. Creative Capital Management Investments LLC increased its stake in Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after buying an additional 107 shares during the period. DV Equities LLC bought a new stake in shares of Veralto during the 4th quarter worth about $35,000. Finally, Elyxium Wealth LLC acquired a new stake in shares of Veralto in the 4th quarter worth approximately $37,000. 91.28% of the stock is owned by institutional investors and hedge funds.

Veralto Stock Down 1.2%

VLTO stock opened at $97.17 on Tuesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61. The firm has a market capitalization of $23.69 billion, a P/E ratio of 24.54, a P/E/G ratio of 2.67 and a beta of 0.60. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11. The company’s 50 day simple moving average is $90.12 and its 200-day simple moving average is $90.60.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.10. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter last year, the business posted $0.93 EPS. The company’s revenue was up 7.5% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. As a group, equities research analysts anticipate that Veralto Corporation will post 4.4 EPS for the current year.

Veralto Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Veralto’s dividend payout ratio is currently 13.13%.

Insider Activity

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total transaction of $720,487.44. Following the completion of the sale, the chief executive officer directly owned 124,085 shares in the company, valued at approximately $12,597,109.20. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on VLTO shares. UBS Group increased their price objective on shares of Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Barclays upped 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. Wolfe Research reaffirmed an “outperform” rating and set a $109.00 price target on shares of Veralto in a research note on Thursday, July 9th. Robert W. Baird set a $111.00 price target on Veralto in a research report on Thursday, July 30th. Finally, BNP Paribas Exane reissued an “outperform” rating and issued a $120.00 price objective (up from $115.00) on shares of Veralto in a research note on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $110.90.

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.