Surekha Trivedi Sells 986 Shares of Veralto (NYSE:VLTO) Stock

Veralto Corporation (NYSE:VLTO) SVP Surekha Trivedi sold 986 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $97.05, for a total value of $95,691.30. Following the sale, the senior vice president owned 8,565 shares of the company’s stock, valued at approximately $831,233.25. The trade was a 10.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Veralto Trading Up 4.2%

Shares of NYSE:VLTO traded up $4.02 during midday trading on Wednesday, reaching $100.09. The company’s stock had a trading volume of 1,828,834 shares, compared to its average volume of 2,038,189. The firm has a market capitalization of $24.40 billion, a price-to-earnings ratio of 25.28, a PEG ratio of 2.65 and a beta of 0.60. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.61 and a current ratio of 1.78. The firm has a 50 day moving average price of $91.59 and a two-hundred day moving average price of $90.44. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $110.11.

Veralto (NYSE:VLTO) last announced its earnings results on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, beating the consensus estimate of $1.01 by $0.10. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.93 EPS. 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, analysts forecast that Veralto Corporation will post 4.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

VLTO has been the subject of several research analyst reports. Citigroup lifted their price target on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. UBS Group raised their target price on Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Robert W. Baird set a $111.00 price target on shares of Veralto in a research report on Thursday, July 30th. BNP Paribas Exane restated an “outperform” rating and set a $120.00 price objective (up from $115.00) on shares of Veralto in a report on Thursday, July 30th. Finally, Royal Bank Of Canada raised their price objective on shares of Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $110.90.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Brighton Jones LLC grew its holdings in Veralto by 16.1% during the fourth quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after buying an additional 479 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Veralto by 5.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after acquiring an additional 1,306 shares in the last quarter. Empowered Funds LLC boosted its holdings in Veralto by 20.4% during the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock worth $443,000 after acquiring an additional 770 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Veralto by 102.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after acquiring an additional 421 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in shares of Veralto in the 2nd quarter worth $201,000. Institutional investors own 91.28% of the company’s stock.

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.