Public Employees Retirement System of Ohio Buys New Position in Veralto Corporation $VLTO

Public Employees Retirement System of Ohio bought a new stake in shares of Veralto Corporation (NYSE:VLTOFree Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 75,988 shares of the company’s stock, valued at approximately $6,739,000.

Other institutional investors have also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Veralto by 82.2% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after buying an additional 129 shares in the last quarter. DV Equities LLC purchased a new position in Veralto in the fourth quarter worth $35,000. Elyxium Wealth LLC bought a new position in Veralto in the fourth quarter valued at $37,000. Headlands Technologies LLC bought a new position in Veralto in the second quarter valued at $44,000. Finally, EFG International AG purchased a new stake in Veralto during the fourth quarter valued at about $49,000. Institutional investors own 91.28% of the company’s stock.

Insider Transactions at Veralto

In other Veralto news, SVP Surekha Trivedi sold 986 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $97.05, for a total value of $95,691.30. Following the completion of the sale, the senior vice president owned 8,565 shares in the company, valued at approximately $831,233.25. This trade represents a 10.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jennifer Honeycutt sold 7,097 shares of Veralto stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total value of $720,487.44. Following the completion of the sale, the chief executive officer owned 124,085 shares in the company, valued at approximately $12,597,109.20. This represents a 5.41% 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. In the last 90 days, insiders have sold 15,180 shares of company stock worth $1,490,394. 0.43% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on VLTO shares. Barclays lifted their price target on Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Royal Bank Of Canada raised their price objective on Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. BNP Paribas Exane restated an “outperform” rating and issued a $120.00 target price (up from $115.00) on shares of Veralto in a research report on Thursday, July 30th. Wolfe Research reaffirmed an “outperform” rating and issued a $109.00 target price on shares of Veralto in a research note on Thursday, July 9th. Finally, Citigroup increased their price target on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.90.

Get Our Latest Stock Analysis on VLTO

Veralto Stock Down 1.6%

Shares of NYSE VLTO opened at $96.98 on Wednesday. The company has a quick ratio of 1.61, a current ratio of 1.78 and a debt-to-equity ratio of 0.86. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $109.86. The firm’s fifty day moving average is $94.67 and its 200 day moving average is $90.71. The company has a market cap of $23.64 billion, a price-to-earnings ratio of 24.49, a PEG ratio of 2.80 and a beta of 0.60.

Veralto (NYSE:VLTOGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.10. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.45 billion. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.93 EPS. 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, equities research analysts expect that Veralto Corporation will post 4.41 earnings per share for the current 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.

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Institutional Ownership by Quarter for Veralto (NYSE:VLTO)

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