Plato Investment Management Ltd Takes $1.03 Million Position in Veralto Corporation $VLTO

Plato Investment Management Ltd purchased a new stake in Veralto Corporation (NYSE:VLTOFree Report) during the second quarter, according to its most recent filing with the SEC. The firm purchased 11,670 shares of the company’s stock, valued at approximately $1,029,000.

Several other hedge funds and other institutional investors have also bought and sold shares of VLTO. Laurel Wealth Advisors LLC bought a new stake in Veralto in the fourth quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after purchasing an additional 129 shares in the last quarter. DV Equities LLC acquired a new position in shares of Veralto in the 4th quarter valued at $35,000. Elyxium Wealth LLC acquired a new position in shares of Veralto in the 4th quarter valued at $37,000. Finally, Headlands Technologies LLC bought a new stake in shares of Veralto in the 2nd quarter valued at $44,000. Institutional investors own 91.28% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Jennifer Honeycutt sold 7,097 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total transaction of $720,487.44. Following the completion of the transaction, the chief executive officer directly owned 124,085 shares of the company’s stock, valued at $12,597,109.20. This trade represents a 5.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Robert W. Baird set a $111.00 target price on Veralto in a research note on Thursday, July 30th. Barclays increased their price target on Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Stifel Nicolaus raised their price target on Veralto from $111.00 to $114.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, UBS Group lifted their price objective on Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Veralto currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.90.

Read Our Latest Stock Report on VLTO

Veralto Stock Performance

Shares of Veralto stock opened at $96.22 on Wednesday. The firm has a market cap of $23.46 billion, a price-to-earnings ratio of 24.30, a price-to-earnings-growth ratio of 2.65 and a beta of 0.60. The stock’s 50-day moving average is $91.59 and its 200-day moving average is $90.44. Veralto Corporation has a one year low of $80.03 and a one year high of $110.11. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61.

Veralto (NYSE:VLTOGet Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period last year, the company earned $0.93 earnings per share. Veralto’s quarterly revenue was up 7.5% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Equities analysts predict that Veralto Corporation will post 4.4 earnings per share for the current fiscal year.

Veralto Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Veralto (NYSE:VLTO)

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