Cidel Asset Management Inc. Makes New Investment in Veralto Corporation $VLTO

Cidel Asset Management Inc. acquired a new stake in Veralto Corporation (NYSE:VLTO – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 18,792 shares of the company’s stock, valued at approximately $1,772,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MGO One Seven LLC grew its holdings in Veralto by 3.2% during the 3rd quarter. MGO One Seven LLC now owns 3,477 shares of the company’s stock worth $328,000 after acquiring an additional 107 shares during the last quarter. Valeo Financial Advisors LLC increased its position in Veralto by 5.0% in the 2nd quarter. Valeo Financial Advisors LLC now owns 2,751 shares of the company’s stock valued at $244,000 after acquiring an additional 131 shares in the last quarter. Quadrant Capital Group LLC increased its position in Veralto by 1.2% in the 3rd quarter. Quadrant Capital Group LLC now owns 12,100 shares of the company’s stock valued at $1,198,000 after acquiring an additional 141 shares in the last quarter. Nolet Wealth Management LLC raised its stake in shares of Veralto by 1.0% in the second quarter. Nolet Wealth Management LLC now owns 15,277 shares of the company’s stock worth $1,355,000 after acquiring an additional 146 shares during the last quarter. Finally, North Dakota State Investment Board raised its stake in shares of Veralto by 2.0% in the third quarter. North Dakota State Investment Board now owns 7,517 shares of the company’s stock worth $709,000 after acquiring an additional 150 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Jennifer Honeycutt sold 7,098 shares of the company’s stock in a transaction on Friday, October 23rd. The shares were sold at an average price of $105.00, for a total value of $745,290.00. Following the completion of the transaction, the chief executive officer directly owned 120,060 shares of the company’s stock, valued at approximately $12,606,300. This represents a 5.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $97.05, for a total transaction of $95,691.30. Following the completion of the transaction, the senior vice president directly owned 8,565 shares of the company’s stock, valued at approximately $831,233.25. The trade was a 10.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

Veralto Price Performance

Shares of VLTO opened at $111.47 on Friday. The stock has a market cap of $27.18 billion, a P/E ratio of 27.59, a price-to-earnings-growth ratio of 3.15 and a beta of 0.62. Veralto Corporation has a 1 year low of $80.03 and a 1 year high of $115.17. The stock’s 50-day moving average price is $98.23 and its two-hundred day moving average price is $93.13. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.86.

Veralto (NYSE:VLTO – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.09. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Veralto had a net margin of 17.27% and a return on equity of 35.54%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $0.99 earnings per share. On average, equities analysts predict that Veralto Corporation will post 4.51 earnings per share for the current year.

Veralto Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, September 30th were issued 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 was Wednesday, September 30th. Veralto’s dividend payout ratio (DPR) is presently 13.13%.

More Veralto News

Here are the key news stories impacting Veralto this week:

  • Positive Sentiment: Q3 earnings and revenue beat estimates. Veralto reported adjusted earnings of $1.18 per share, above the $1.09 analyst consensus, while revenue rose 7.5% year over year to $1.51 billion, slightly exceeding expectations. EPS increased from $0.99 in the year-ago quarter. Veralto Reports Third Quarter 2026 Results
  • Positive Sentiment: Water analytics and cost management supported performance. Management highlighted continued growth in water analytics and benefits from cost optimization, suggesting improving operating leverage and resilient demand for Veralto’s essential-resource solutions. VLTO Q3 deep dive
  • Positive Sentiment: Data-center-related demand is expanding. Reports indicated that Veralto’s data-center business continues to grow, adding to investor enthusiasm about longer-term demand for its water-management and monitoring products. AI stocks and data-center demand
  • Positive Sentiment: Fourth-quarter outlook points to acceleration. Veralto expects total sales growth of approximately 10%–11% in the fourth quarter and projects adjusted EPS of $1.13–$1.16. Full-year adjusted EPS is projected at $4.49–$4.52, reinforcing expectations for continued earnings momentum. Veralto fourth-quarter outlook
  • Neutral Sentiment: The strong reaction raises the importance of Veralto delivering on its accelerated fourth-quarter sales outlook and sustaining margin gains as investors reassess the stock’s valuation.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on VLTO shares. Jefferies Financial Group reissued a “buy” rating and issued a $135.00 target price on shares of Veralto in a research note on Friday. UBS Group upped their price target on Veralto from $104.00 to $106.00 and gave the company a “neutral” rating in a research note on Monday, October 5th. Robert W. Baird set a $111.00 price target on Veralto in a report on Thursday, July 30th. Wall Street Zen lowered Veralto from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Finally, Barclays boosted their price objective on Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $115.10.

Check Out Our Latest Research Report on Veralto

About Veralto

(Free Report)

Veralto Corporation (NYSE: VLTO) is a global provider of technology, products and services that help customers manage water quality and improve the quality, safety and efficiency of packaged goods. The company serves municipal, industrial, commercial and consumer-facing markets through a portfolio of operating businesses.

Veralto’s Water Quality segment provides instruments, software and services used to test, monitor and treat water and wastewater. Its brands include Hach, Trojan Technologies and ChemTreat, which support applications such as laboratory and field testing, disinfection, water treatment and industrial water management.

The company’s Product Quality & Innovation segment supplies technologies used in product identification, packaging design, color management and quality inspection.

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Institutional Ownership by Quarter for Veralto (NYSE:VLTO)

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