Veralto Corporation $VLTO Position Decreased by SG Americas Securities LLC

SG Americas Securities LLC lowered its holdings in Veralto Corporation (NYSE:VLTO) by 68.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,503 shares of the company’s stock after selling 16,508 shares during the period. SG Americas Securities LLC’s holdings in Veralto were worth $800,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VLTO. Norges Bank acquired a new position in Veralto in the second quarter worth approximately $264,150,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Veralto by 6,015.1% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,347,647 shares of the company’s stock worth $136,045,000 after acquiring an additional 1,325,609 shares during the last quarter. AQR Capital Management LLC raised its position 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 worth $117,045,000 after purchasing an additional 704,213 shares during the period. Westwood Holdings Group Inc. acquired a new stake in shares of Veralto during the second quarter worth $69,839,000. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Veralto by 162.1% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,064,810 shares of the company’s stock valued at $107,493,000 after purchasing an additional 658,529 shares during the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Mattias Bystrom sold 1,000 shares of Veralto stock in a transaction 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 completion of the sale, the senior vice president owned 31,430 shares of the company’s stock, valued at approximately $3,197,373.90. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.36% of the company’s stock.

Veralto Stock Performance

VLTO stock opened at $101.17 on Wednesday. The firm has a 50 day simple moving average of $100.53 and a 200 day simple moving average of $103.12. Veralto Corporation has a 52 week low of $83.86 and a 52 week high of $110.11. The stock has a market cap of $25.12 billion, a P/E ratio of 27.72, a P/E/G ratio of 2.92 and a beta of 0.88. 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 released its quarterly earnings data on Tuesday, October 28th. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.04. Veralto had a net margin of 16.75% and a return on equity of 38.69%. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the business earned $0.89 EPS. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS and its Q4 2025 guidance at 0.950-0.980 EPS. Research analysts anticipate that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Increases Dividend

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

Analyst Ratings Changes

VLTO has been the topic of several recent analyst reports. Citigroup cut their price objective on Veralto from $112.00 to $111.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Jefferies Financial Group reissued a “hold” rating and issued a $105.00 target price (down from $125.00) on shares of Veralto in a research report on Wednesday, December 10th. BMO Capital Markets reduced their price target on shares of Veralto from $123.00 to $114.00 and set an “outperform” rating for the company in a research report on Tuesday, November 25th. UBS Group raised their price objective on shares of Veralto from $110.00 to $112.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Royal Bank Of Canada boosted their target price on shares of Veralto from $108.00 to $111.00 and gave the company a “sector perform” rating in a research note on Thursday, October 30th. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $112.89.

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.