CenterBook Partners LP Sells 9,437 Shares of Veralto Corporation $VLTO

CenterBook Partners LP reduced its stake in Veralto Corporation (NYSE:VLTO) by 26.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,238 shares of the company’s stock after selling 9,437 shares during the period. CenterBook Partners LP’s holdings in Veralto were worth $2,618,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VLTO. Azzad Asset Management Inc. ADV grew its position in Veralto by 0.7% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock worth $1,506,000 after acquiring an additional 99 shares during the last quarter. IFP Advisors Inc raised its holdings in Veralto by 14.0% in the 3rd quarter. IFP Advisors Inc now owns 855 shares of the company’s stock valued at $91,000 after buying an additional 105 shares during the last quarter. Creative Capital Management Investments LLC boosted its position in Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after buying an additional 107 shares during the period. Private Advisor Group LLC boosted its position in Veralto by 0.7% during the 3rd quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock worth $1,682,000 after buying an additional 109 shares during the period. Finally, Larson Financial Group LLC grew its holdings in Veralto by 18.9% during the 3rd quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock worth $78,000 after acquiring an additional 117 shares during the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Up 1.5%

Shares of Veralto stock opened at $86.17 on Wednesday. The stock’s 50-day moving average is $87.37 and its 200 day moving average is $93.71. Veralto Corporation has a one year low of $80.03 and a one year high of $110.11. The firm has a market cap of $21.16 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 2.40 and a beta of 0.69. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating 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%.The company’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Equities research analysts anticipate that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is presently 13.44%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on VLTO shares. UBS Group raised their price target on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Stifel Nicolaus decreased their price objective on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Barclays cut their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, Citigroup decreased their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Veralto has a consensus rating of “Hold” and an average target price of $105.88.

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.