Sanctuary Advisors LLC Sells 5,933 Shares of Veralto Corporation $VLTO

Sanctuary Advisors LLC trimmed its stake in Veralto Corporation (NYSE:VLTO) by 36.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,174 shares of the company’s stock after selling 5,933 shares during the period. Sanctuary Advisors LLC’s holdings in Veralto were worth $900,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC grew its position in shares of Veralto by 16.1% in the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock valued at $352,000 after buying an additional 479 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Veralto by 5.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after buying an additional 1,306 shares during the period. Empowered Funds LLC lifted its stake in shares of Veralto by 20.4% in the first 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 period. Geneos Wealth Management Inc. lifted its stake in shares of Veralto by 102.4% in the first quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after acquiring an additional 421 shares during the period. Finally, Sivia Capital Partners LLC bought a new stake in Veralto in the second quarter valued at approximately $201,000. 91.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on VLTO. Jefferies Financial Group assumed coverage on Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price on the stock. Stifel Nicolaus lifted their price target on shares of Veralto from $110.00 to $111.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Robert W. Baird set a $103.00 price objective on shares of Veralto in a report on Thursday, April 30th. UBS Group increased their price objective on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Citigroup cut their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Veralto currently has a consensus rating of “Hold” and an average price target of $106.33.

Veralto Stock Up 0.6%

VLTO stock opened at $92.02 on Friday. The firm has a market capitalization of $22.60 billion, a PE ratio of 23.78, a P/E/G ratio of 2.59 and a beta of 0.63. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. Veralto Corporation has a twelve month low of $80.03 and a twelve month high of $110.11. The stock’s 50 day moving average is $87.66 and its 200-day moving average is $91.07.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.Veralto’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Sell-side analysts expect that Veralto Corporation will post 4.24 EPS for the current fiscal year.

Veralto Announces Dividend

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