Allianz Asset Management GmbH Lowers Stock Holdings in Veralto Corporation $VLTO

Allianz Asset Management GmbH trimmed its holdings in shares of Veralto Corporation (NYSE:VLTO) by 8.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 720,892 shares of the company’s stock after selling 66,855 shares during the period. Allianz Asset Management GmbH owned 0.29% of Veralto worth $76,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Compass Wealth Management LLC acquired a new stake in Veralto during the 3rd quarter worth $6,708,000. Capital Advisors Inc. OK grew its holdings in Veralto by 6.3% during the third quarter. Capital Advisors Inc. OK now owns 380,910 shares of the company’s stock worth $40,609,000 after purchasing an additional 22,464 shares during the period. Spire Wealth Management boosted its stake in shares of Veralto by 1,579.5% during the 3rd quarter. Spire Wealth Management now owns 12,311 shares of the company’s stock worth $1,312,000 after acquiring an additional 11,578 shares during the period. Defender Capital LLC. lifted its position in Veralto by 9.2% during the second quarter. Defender Capital LLC. now owns 172,870 shares of the company’s stock worth $17,451,000 after acquiring an additional 14,586 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of Veralto by 8.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,159,417 shares of the company’s stock valued at $123,605,000 after acquiring an additional 94,607 shares during the period. 91.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VLTO. Jefferies Financial Group reiterated a “hold” rating and set a $105.00 price objective (down from $125.00) on shares of Veralto in a report on Wednesday, December 10th. UBS Group lifted their target price on Veralto from $110.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Citigroup dropped their target price on Veralto from $112.00 to $111.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Barclays raised their target price on Veralto from $119.00 to $121.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Finally, BMO Capital Markets dropped their price target on Veralto from $123.00 to $114.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 25th. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $112.89.

Insider Activity at Veralto

In other Veralto news, SVP Mattias Bystrom sold 1,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $101.73, for a total value of $101,730.00. Following the completion of the sale, the senior vice president owned 31,430 shares in the company, valued at $3,197,373.90. This represents a 3.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.36% of the stock is owned by insiders.

Veralto Price Performance

Shares of VLTO stock opened at $97.28 on Wednesday. The company has a market cap of $24.16 billion, a P/E ratio of 26.65, a PEG ratio of 2.89 and a beta of 0.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.57 and a quick ratio of 1.40. The stock’s 50-day moving average is $100.82 and its 200 day moving average is $102.97. Veralto Corporation has a 1-year low of $83.86 and a 1-year high of $110.11.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.06. The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.41 billion. Veralto had a net margin of 16.75% and a return on equity of 38.69%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. Research analysts predict that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were given a $0.13 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.52 dividend on an annualized basis and a yield of 0.5%. This is a boost from Veralto’s previous quarterly dividend of $0.11. Veralto’s payout ratio is currently 14.25%.

Veralto 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.