ING Groep NV Has $8.42 Million Holdings in Veralto Corporation $VLTO

ING Groep NV trimmed its holdings in shares of Veralto Corporation (NYSE:VLTO) by 47.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,389 shares of the company’s stock after selling 75,392 shares during the period. ING Groep NV’s holdings in Veralto were worth $8,420,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VLTO. Laurel Wealth Advisors LLC acquired a new position in shares of Veralto during the 4th quarter worth about $25,000. Goodman Advisory Group LLC acquired a new position in shares of Veralto during the 3rd quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake 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 worth $29,000 after buying an additional 129 shares during the last quarter. Board of the Pension Protection Fund acquired a new position in shares of Veralto during the 4th quarter worth about $30,000. Finally, Creative Capital Management Investments LLC boosted its stake in shares of Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after buying an additional 107 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Veralto Stock Up 0.1%

Shares of VLTO stock opened at $86.17 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. The firm’s 50-day moving average is $87.37 and its 200-day moving average is $93.88. The stock has a market cap of $21.16 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 2.43 and a beta of 0.69. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11.

Veralto (NYSE:VLTO) last issued its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. Veralto’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.95 EPS. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Sell-side analysts predict that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio is presently 13.44%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on VLTO shares. Citigroup reduced their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. UBS Group increased their price objective on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research note on Thursday, April 30th. BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada increased their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $105.88.

Veralto Company Profile

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.