Trium Capital LLP Increases Holdings in Veralto Corporation $VLTO

Trium Capital LLP boosted its stake in Veralto Corporation (NYSE:VLTO) by 53.0% in the 3rd quarter, Holdings Channel reports. The firm owned 16,426 shares of the company’s stock after buying an additional 5,692 shares during the quarter. Veralto accounts for approximately 0.7% of Trium Capital LLP’s portfolio, making the stock its 21st biggest position. Trium Capital LLP’s holdings in Veralto were worth $1,751,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of VLTO. Norges Bank acquired a new stake in shares of Veralto in the second quarter valued at about $264,150,000. Alliancebernstein L.P. grew its position in Veralto by 28.0% in the first quarter. Alliancebernstein L.P. now owns 6,235,563 shares of the company’s stock valued at $607,656,000 after acquiring an additional 1,363,502 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Veralto by 6,015.1% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,347,647 shares of the company’s stock valued at $136,045,000 after acquiring an additional 1,325,609 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Veralto by 154.7% during the second quarter. AQR Capital Management LLC now owns 1,159,433 shares of the company’s stock valued at $117,045,000 after purchasing an additional 704,213 shares during the period. Finally, Westwood Holdings Group Inc. acquired a new position in shares of Veralto during the second quarter worth $69,839,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on VLTO shares. BMO Capital Markets decreased their target price on shares of Veralto from $123.00 to $114.00 and set an “outperform” rating for the company in a research note on Tuesday, November 25th. Jefferies Financial Group reissued a “hold” rating and issued a $105.00 price objective (down from $125.00) on shares of Veralto in a research report on Wednesday, December 10th. Weiss Ratings upgraded Veralto from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. Royal Bank Of Canada boosted their price target on Veralto from $108.00 to $111.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 30th. Finally, Citigroup reduced their price target on Veralto from $112.00 to $111.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $112.89.

Insider Buying and Selling at Veralto

In related news, SVP Mattias Bystrom sold 1,000 shares of the company’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 transaction of $101,730.00. Following the sale, the senior vice president directly owned 31,430 shares of the company’s stock, valued at approximately $3,197,373.90. This represents a 3.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.36% of the company’s stock.

Veralto Price Performance

VLTO opened at $102.29 on Friday. The company has a 50-day moving average of $100.52 and a 200-day moving average of $102.89. The company has a market capitalization of $25.40 billion, a P/E ratio of 28.02, a PEG ratio of 3.19 and a beta of 0.87. Veralto Corporation has a 1-year low of $83.86 and a 1-year high of $110.11. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.40 and a current ratio of 1.57.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.95 by $0.04. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a net margin of 16.75% and a return on equity of 38.69%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.89 earnings per share. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS and its Q4 2025 guidance at 0.950-0.980 EPS. Equities analysts expect that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, December 31st. This is a positive change from Veralto’s previous quarterly dividend of $0.11. Veralto’s payout ratio is 12.05%.

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.