Veralto Corporation $VLTO Shares Sold by Corus Family Wealth Advisors

Corus Family Wealth Advisors decreased its holdings in Veralto Corporation (NYSE:VLTO) by 48.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,711 shares of the company’s stock after selling 7,146 shares during the quarter. Corus Family Wealth Advisors’ holdings in Veralto were worth $682,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. State Street Corp raised its position in shares of Veralto by 2.6% in the 4th quarter. State Street Corp now owns 10,720,184 shares of the company’s stock valued at $1,071,035,000 after purchasing an additional 270,356 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Veralto by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock worth $720,876,000 after buying an additional 126,814 shares during the last quarter. First Trust Advisors LP raised its holdings in Veralto by 33.3% in the fourth quarter. First Trust Advisors LP now owns 4,678,084 shares of the company’s stock valued at $466,779,000 after acquiring an additional 1,169,572 shares in the last quarter. Invesco Ltd. boosted its stake in Veralto by 6.3% during the 4th quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock valued at $458,493,000 after acquiring an additional 272,036 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Veralto by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 3,453,007 shares of the company’s stock worth $344,541,000 after acquiring an additional 75,253 shares in the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Stock Up 0.7%

NYSE:VLTO opened at $93.10 on Wednesday. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The stock has a 50 day moving average of $86.30 and a 200-day moving average of $91.81. The firm has a market capitalization of $22.87 billion, a PE ratio of 24.06, a price-to-earnings-growth ratio of 2.60 and a beta of 0.63. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11.

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 for 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%.The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the business 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. Analysts predict that Veralto Corporation will post 4.24 EPS for the current year.

Veralto Announces Dividend

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

Analyst Ratings Changes

VLTO has been the topic of a number of recent analyst reports. Robert W. Baird set a $103.00 target price on shares of Veralto in a research note on Thursday, April 30th. Royal Bank Of Canada lifted their price target on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Jefferies Financial Group initiated coverage on Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Finally, Stifel Nicolaus reduced their target price on Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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.