Public Sector Pension Investment Board Purchases 12,271 Shares of Veralto Corporation $VLTO

Public Sector Pension Investment Board raised its position in shares of Veralto Corporation (NYSE:VLTO) by 65.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,090 shares of the company’s stock after acquiring an additional 12,271 shares during the quarter. Public Sector Pension Investment Board’s holdings in Veralto were worth $3,315,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VLTO. Vanguard Group Inc. lifted its stake in shares of Veralto by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 30,206,111 shares of the company’s stock valued at $3,049,307,000 after purchasing an additional 468,641 shares during the period. State Street Corp grew its stake in Veralto by 1.9% during the second quarter. State Street Corp now owns 10,257,956 shares of the company’s stock worth $1,036,653,000 after purchasing an additional 192,139 shares during the period. Impax Asset Management Group plc increased its holdings in Veralto by 3.9% in the third quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock worth $408,503,000 after purchasing an additional 144,044 shares in the last quarter. Norges Bank acquired a new position in Veralto in the second quarter valued at approximately $264,150,000. Finally, Hsbc Holdings PLC lifted its stake in Veralto by 46.0% in the second quarter. Hsbc Holdings PLC now owns 1,702,096 shares of the company’s stock valued at $171,800,000 after buying an additional 536,299 shares during the period. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Veralto Stock Performance

Shares of VLTO stock opened at $92.98 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64. The firm has a fifty day simple moving average of $98.75 and a two-hundred day simple moving average of $101.97. Veralto Corporation has a 12 month low of $83.86 and a 12 month high of $110.11. The firm has a market capitalization of $23.09 billion, a PE ratio of 24.79, a price-to-earnings-growth ratio of 2.68 and a beta of 0.89.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm earned $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. Analysts forecast that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. This is a boost from Veralto’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Wednesday, December 31st. Veralto’s dividend payout ratio (DPR) is currently 13.87%.

Insider Activity at Veralto

In other news, SVP Mattias Bystrom sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $101.73, for a total value of $101,730.00. Following the transaction, the senior vice president owned 31,430 shares in the company, valued at $3,197,373.90. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.36% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Stifel Nicolaus set a $118.00 price objective on shares of Veralto in a research report on Thursday, February 5th. Robert W. Baird set a $108.00 target price on shares of Veralto in a research note on Thursday, February 5th. Weiss Ratings cut shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Veralto in a research report on Wednesday, February 4th. Five research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $108.22.

Veralto Profile

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.