Veralto Corporation (NYSE:VLTO – Get Free Report) SVP Surekha Trivedi sold 36,427 shares of the stock in a transaction on Friday, October 30th. The shares were sold at an average price of $108.89, for a total transaction of $3,966,536.03. Following the transaction, the senior vice president directly owned 8,565 shares in the company, valued at approximately $932,642.85. The trade was a 80.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Surekha Trivedi also recently made the following trade(s):
- On Monday, August 17th, Surekha Trivedi sold 986 shares of Veralto stock. The shares were sold at an average price of $97.05, for a total transaction of $95,691.30.
Veralto Stock Up 0.5%
VLTO stock opened at $116.32 on Wednesday. The stock has a market capitalization of $28.28 billion, a P/E ratio of 28.79, a P/E/G ratio of 3.21 and a beta of 0.51. The firm has a 50-day simple moving average of $98.90 and a 200-day simple moving average of $93.27. The company has a quick ratio of 1.61, a current ratio of 2.03 and a debt-to-equity ratio of 0.83. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $117.05.
Veralto (NYSE:VLTO – Get Free Report) last released its quarterly 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 firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Veralto had a net margin of 17.27% and a return on equity of 35.08%. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.99 EPS. Equities analysts forecast that Veralto Corporation will post 4.51 earnings per share for the current fiscal year.
Veralto Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.4%. The ex-dividend date was Wednesday, September 30th. Veralto’s payout ratio is 12.87%.
Institutional Trading of Veralto
Hedge funds have recently bought and sold shares of the business. Highland Investment Advisors LLC acquired a new position in shares of Veralto during the 2nd quarter worth approximately $32,000. Provenance Wealth Advisors LLC grew its position in shares of Veralto by 997.4% in the third quarter. Provenance Wealth Advisors LLC now owns 428 shares of the company’s stock valued at $40,000 after purchasing an additional 389 shares in the last quarter. Putney Financial Group LLC acquired a new stake in shares of Veralto in the third quarter valued at approximately $42,000. Latitude Advisors LLC acquired a new stake in shares of Veralto in the third quarter valued at approximately $47,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Veralto in the first quarter valued at approximately $66,000. Institutional investors and hedge funds own 91.28% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on VLTO shares. Citigroup raised their target price on Veralto from $107.00 to $120.00 and gave the company a “neutral” rating in a research report on Monday. Wall Street Zen cut Veralto from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Stifel Nicolaus increased their price objective on Veralto from $113.00 to $132.00 and gave the company a “buy” rating in a research note on Monday. Robert W. Baird set a $111.00 price objective on Veralto in a report on Thursday, July 30th. Finally, BNP Paribas Exane reaffirmed an “outperform” rating and set a $120.00 target price (up from $115.00) on shares of Veralto in a research note on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Veralto currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.70.
Read Our Latest Analysis on Veralto
Trending Headlines about Veralto
Here are the key news stories impacting Veralto this week:
- Positive Sentiment: Veralto’s third-quarter 2026 earnings and revenue beat estimates, with growth in Water Quality and improved margins. Management also raised its full-year outlook, providing a stronger business-growth signal. Veralto Q3 earnings beat estimates
- Positive Sentiment: Barclays raised its price target to $129 from $117 and reiterated its overweight rating, signaling further potential upside in the firm’s view. Barclays rating and price target
- Neutral Sentiment: Citigroup lifted its target to $120 from $107 but maintained a neutral rating. RBC raised its target to $121 from $109 and kept its sector-perform rating, reflecting more cautious views than Barclays. Citigroup rating and price target RBC rating and price target
- Negative Sentiment: Senior Vice President Surekha Trivedi sold 36,427 shares, reducing her holdings by about 81%. The trade was made under a pre-arranged Rule 10b5-1 plan, which may temper—but does not eliminate—the concern investors can attach to insider selling. SEC filing for insider transaction
About Veralto
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.
Featured Articles
- Five stocks we like better than Veralto
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.com's FREE daily email newsletter.
