Oregon Public Employees Retirement Fund Has $3.03 Million Stake in Veralto Corporation $VLTO

Oregon Public Employees Retirement Fund raised its position in shares of Veralto Corporation (NYSE:VLTO) by 32.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,383 shares of the company’s stock after acquiring an additional 6,972 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Veralto were worth $3,026,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Strategic Blueprint LLC lifted its position in shares of Veralto by 4.3% during the 3rd quarter. Strategic Blueprint LLC now owns 2,543 shares of the company’s stock worth $271,000 after purchasing an additional 105 shares during the last quarter. Capital Counsel LLC NY lifted its holdings in shares of Veralto by 0.8% during the second quarter. Capital Counsel LLC NY now owns 15,010 shares of the company’s stock worth $1,515,000 after buying an additional 115 shares during the last quarter. City Holding Co. boosted its position in shares of Veralto by 0.5% in the third quarter. City Holding Co. now owns 21,345 shares of the company’s stock valued at $2,276,000 after acquiring an additional 115 shares during the period. Huntleigh Advisors Inc. boosted its position in shares of Veralto by 0.5% in the second quarter. Huntleigh Advisors Inc. now owns 28,286 shares of the company’s stock valued at $2,856,000 after acquiring an additional 134 shares during the period. Finally, Mirador Capital Partners LP grew its stake in shares of Veralto by 2.1% in the second quarter. Mirador Capital Partners LP now owns 7,579 shares of the company’s stock worth $765,000 after acquiring an additional 153 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors.

Veralto Price Performance

Shares of Veralto stock opened at $102.74 on Monday. The firm has a market cap of $25.51 billion, a P/E ratio of 28.15, a price-to-earnings-growth ratio of 2.93 and a beta of 0.88. The firm’s 50-day simple moving average is $100.06 and its 200-day simple moving average is $103.13. Veralto Corporation has a twelve month low of $83.86 and a twelve month 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 posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.04. The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates 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 in the prior year, the business 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. As a group, research analysts expect that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be paid a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.52 annualized dividend and a yield of 0.5%. This is a positive change from Veralto’s previous quarterly dividend of $0.11. Veralto’s payout ratio is presently 14.25%.

Insiders Place Their Bets

In other Veralto news, SVP Mattias Bystrom sold 1,000 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $101.73, for a total value of $101,730.00. Following the sale, the senior vice president directly owned 31,430 shares in the company, valued at $3,197,373.90. This represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.36% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on VLTO shares. UBS Group upped their target price on shares of Veralto from $110.00 to $112.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Royal Bank Of Canada upped their price objective on shares of Veralto from $108.00 to $111.00 and gave the company a “sector perform” rating in a research report on Thursday, October 30th. Jefferies Financial Group reiterated a “hold” rating and issued a $105.00 target price (down previously from $125.00) on shares of Veralto in a research note on Wednesday, December 10th. Citigroup lowered their price target on Veralto from $112.00 to $111.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. Finally, Weiss Ratings cut Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $112.89.

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.