Public Employees Retirement System of Ohio reduced its position in shares of Veralto Corporation (NYSE:VLTO – Free Report) by 36.8% in the first quarter, Holdings Channel reports. The firm owned 78,111 shares of the company’s stock after selling 45,434 shares during the period. Public Employees Retirement System of Ohio’s holdings in Veralto were worth $6,907,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the company. State Street Corp raised its position in shares of Veralto by 2.6% in the fourth quarter. State Street Corp now owns 10,720,184 shares of the company’s stock worth $1,071,035,000 after buying an additional 270,356 shares in the last quarter. Geode Capital Management LLC grew its position in Veralto by 1.8% during 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 in the last quarter. First Trust Advisors LP increased its stake in Veralto by 31.5% in the 1st quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock worth $543,817,000 after acquiring an additional 1,472,304 shares during the last quarter. Invesco Ltd. increased its stake in Veralto by 6.3% in the 4th quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock worth $458,493,000 after acquiring an additional 272,036 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Veralto by 2.2% in 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 during the last quarter. Institutional investors own 91.28% of the company’s stock.
More Veralto News
Here are the key news stories impacting Veralto this week:
- Positive Sentiment: Second-quarter earnings beat estimates. Veralto reported adjusted earnings of $1.11 per share, up from $0.93 a year earlier and above the roughly $1.00–$1.01 analyst consensus. Veralto Q2 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Revenue also exceeded expectations. Quarterly revenue totaled $1.47 billion, compared with analyst forecasts of approximately $1.45 billion. Veralto posted a 17.33% net margin and 34.63% return on equity, supporting the view that profitability remains strong. Veralto Reports Second Quarter 2026 Results
- Positive Sentiment: Full-year earnings guidance was raised above consensus. Veralto projected fiscal 2026 earnings of $4.35–$4.43 per share, compared with the prior consensus estimate of $4.25. This upward outlook revision is likely the most important catalyst for the favorable investor response.
- Neutral Sentiment: Third-quarter guidance was essentially in line. The company forecast earnings of $1.06–$1.09 per share, versus consensus of $1.07, suggesting continued growth but limited near-term upside relative to expectations.
- Neutral Sentiment: CEO stock sale creates a minor overhang. CEO Jennifer Honeycutt sold 7,097 shares worth about $674,000 under a pre-arranged Rule 10b5-1 trading plan. She continued to own 124,085 shares, reducing the likelihood that investors view the transaction as a signal about business prospects. SEC Insider Transaction Filing
Insider Activity at Veralto
Veralto Stock Performance
NYSE:VLTO opened at $98.34 on Wednesday. The company has a market capitalization of $24.15 billion, a price-to-earnings ratio of 25.41, a PEG ratio of 2.66 and a beta of 0.63. The business has a 50 day moving average of $88.05 and a 200 day moving average of $90.96. 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 Corporation has a 1-year low of $80.03 and a 1-year high of $110.11.
Veralto (NYSE:VLTO – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, topping the consensus estimate of $1.01 by $0.10. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period last year, the firm posted $0.93 earnings per share. The business’s revenue was up 7.5% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. On average, sell-side analysts predict that Veralto Corporation will post 4.24 earnings per share for the current fiscal year.
Veralto Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is 13.44%.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on VLTO. Barclays dropped their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Wolfe Research restated an “outperform” rating and issued a $109.00 price objective on shares of Veralto in a research report on Thursday, July 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Citigroup cut their price target on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Finally, Jefferies Financial Group initiated coverage on shares of Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target on the stock. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $106.33.
Read Our Latest Stock Analysis on Veralto
Veralto Company 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.
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