Flputnam Investment Management Co. Sells 36,223 Shares of Veralto Corporation $VLTO

Flputnam Investment Management Co. lowered its stake in Veralto Corporation (NYSE:VLTO) by 23.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,336 shares of the company’s stock after selling 36,223 shares during the quarter. Flputnam Investment Management Co.’s holdings in Veralto were worth $11,907,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new stake in shares of Veralto in the 4th quarter valued at $25,000. Root Financial Partners LLC bought a new stake in shares of Veralto in the 3rd quarter valued at $27,000. Goodman Advisory Group LLC bought a new stake in shares of Veralto in the 3rd quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Veralto by 82.2% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after acquiring an additional 129 shares in the last quarter. Finally, Board of the Pension Protection Fund bought a new stake in shares of Veralto in the 4th quarter valued at $30,000. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Performance

NYSE VLTO opened at $86.07 on Wednesday. The company has a fifty day simple moving average of $88.19 and a 200 day simple moving average of $94.69. Veralto Corporation has a 12-month low of $84.45 and a 12-month high of $110.11. 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 company has a market cap of $21.14 billion, a P/E ratio of 22.24, a PEG ratio of 2.45 and a beta of 0.77.

Veralto (NYSE:VLTO) last posted 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. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter last year, the firm posted $0.95 EPS. Veralto’s revenue was up 6.8% compared to the same quarter last year. 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 predict that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on VLTO shares. Royal Bank Of Canada lifted their price objective on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research note on Thursday, April 30th. Stifel Nicolaus lowered their price objective on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Barclays lowered their price objective on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, Jefferies Financial Group started coverage on shares of Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective for the company. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Veralto presently 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.