Veralto Corporation $VLTO Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB trimmed its holdings in shares of Veralto Corporation (NYSE:VLTO) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,065,069 shares of the company’s stock after selling 129,310 shares during the period. Nordea Investment Management AB’s holdings in Veralto were worth $409,881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Veralto by 2.8% during the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after purchasing an additional 852,276 shares during the last quarter. State Street Corp increased its stake in Veralto by 1.9% in the third quarter. State Street Corp now owns 10,449,828 shares of the company’s stock valued at $1,115,182,000 after purchasing an additional 191,872 shares during the last quarter. Impax Asset Management Group plc raised its holdings in Veralto by 3.9% during the third quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock worth $408,503,000 after purchasing an additional 144,044 shares in the last quarter. First Trust Advisors LP raised its holdings in Veralto by 24.3% during the third quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock worth $374,042,000 after purchasing an additional 685,614 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Veralto during the 2nd quarter worth approximately $264,150,000. 91.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VLTO has been the subject of several research analyst reports. Jefferies Financial Group restated a “hold” rating on shares of Veralto in a report on Wednesday, February 4th. Robert W. Baird set a $108.00 price target on shares of Veralto in a research report on Thursday, February 5th. Barclays restated an “overweight” rating and issued a $117.00 price objective on shares of Veralto in a research note on Thursday, February 5th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Finally, Citigroup cut their target price on Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Veralto has an average rating of “Hold” and an average price target of $108.22.

Veralto Price Performance

VLTO stock opened at $88.61 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $21.96 billion, a P/E ratio of 23.63, a PEG ratio of 2.51 and a beta of 0.89. The business has a 50 day simple moving average of $95.64 and a 200-day simple moving average of $99.91. Veralto Corporation has a twelve month low of $83.86 and a twelve month high of $110.11.

Veralto (NYSE:VLTO) last announced its earnings results on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the company posted $0.95 EPS. The company’s quarterly revenue was up 3.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, equities analysts anticipate that Veralto Corporation will post 3.66 EPS for the current year.

Veralto Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be paid a $0.13 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s payout ratio is currently 13.87%.

About Veralto

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.