ING Groep NV Sells 75,392 Shares of Veralto Corporation $VLTO

ING Groep NV reduced its stake in Veralto Corporation (NYSE:VLTO) by 47.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,389 shares of the company’s stock after selling 75,392 shares during the quarter. ING Groep NV’s holdings in Veralto were worth $8,420,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Capital International Sarl raised its holdings in Veralto by 18.4% in the 4th quarter. Capital International Sarl now owns 11,080 shares of the company’s stock valued at $1,106,000 after acquiring an additional 1,724 shares during the period. Capital International Ltd. CA raised its holdings in Veralto by 141.1% in the 4th quarter. Capital International Ltd. CA now owns 23,420 shares of the company’s stock valued at $2,337,000 after acquiring an additional 13,708 shares during the period. Capital International Inc. CA raised its holdings in Veralto by 7.8% in the 4th quarter. Capital International Inc. CA now owns 3,124 shares of the company’s stock valued at $312,000 after acquiring an additional 227 shares during the period. Capital International Investors raised its holdings in Veralto by 20.0% in the 4th quarter. Capital International Investors now owns 280,862 shares of the company’s stock valued at $28,025,000 after acquiring an additional 46,877 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S raised its holdings in Veralto by 0.9% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 26,579 shares of the company’s stock valued at $2,652,000 after acquiring an additional 242 shares during the period. 91.28% of the stock is owned by institutional investors.

Veralto Stock Up 0.1%

Shares of VLTO opened at $86.17 on Monday. Veralto Corporation has a 12 month low of $80.03 and a 12 month high of $110.11. The firm’s 50 day moving average is $87.37 and its 200-day moving average is $93.88. The stock has a market capitalization of $21.16 billion, a PE ratio of 22.27, a P/E/G ratio of 2.43 and a beta of 0.69. 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:VLTO) last announced its 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 net margin of 17.33% and a return on equity of 34.63%. The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the firm earned $0.95 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Equities research analysts forecast that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is currently 13.44%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on VLTO. Citigroup lowered their price target on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. UBS Group increased their price target on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Jefferies Financial Group assumed coverage on shares of Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price on the stock. Robert W. Baird set a $103.00 target price on shares of Veralto in a report on Thursday, April 30th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Veralto presently has an average rating of “Hold” and an average price target of $105.88.

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.