Swedbank AB Trims Stock Position in Veralto Corporation $VLTO

Swedbank AB trimmed its holdings in shares of Veralto Corporation (NYSE:VLTO) by 11.2% in the first quarter, HoldingsChannel reports. The firm owned 974,950 shares of the company’s stock after selling 123,168 shares during the period. Swedbank AB’s holdings in Veralto were worth $86,205,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of VLTO. Brighton Jones LLC increased its position in Veralto by 16.1% during the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after purchasing an additional 479 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Veralto by 5.3% in 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 purchasing an additional 1,306 shares during the last quarter. Empowered Funds LLC lifted its holdings in Veralto by 20.4% in the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after purchasing an additional 770 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Veralto by 102.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after purchasing an additional 421 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Veralto during the 2nd quarter worth about $201,000. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on VLTO shares. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a report on Wednesday, June 24th. Royal Bank Of Canada lifted their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Barclays decreased their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, Jefferies Financial Group began coverage on shares of Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price for the company. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $105.88.

Veralto Price Performance

VLTO stock opened at $93.10 on Wednesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. Veralto Corporation has a 1 year low of $80.03 and a 1 year high of $110.11. The firm has a market cap of $22.87 billion, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 2.60 and a beta of 0.63. The stock has a 50-day simple moving average of $86.30 and a 200-day simple moving average of $91.81.

Veralto (NYSE:VLTO) last released its quarterly 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. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.Veralto’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.95 EPS. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, equities analysts predict that Veralto Corporation will post 4.24 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s payout ratio is presently 13.44%.

Veralto Company 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.