Skandinaviska Enskilda Banken AB publ Raises Holdings in Veralto Corporation $VLTO

Skandinaviska Enskilda Banken AB publ grew its stake in shares of Veralto Corporation (NYSE:VLTO) by 164.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 543,104 shares of the company’s stock after acquiring an additional 337,890 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Veralto were worth $57,900,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of VLTO. Brighton Jones LLC grew its position in Veralto by 16.1% during the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after purchasing an additional 479 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Veralto by 5.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock worth $2,529,000 after buying an additional 1,306 shares during the period. Empowered Funds LLC grew its holdings in shares of Veralto by 20.4% during the first quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after buying an additional 770 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Veralto by 102.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock valued at $81,000 after acquiring an additional 421 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in Veralto in the 2nd quarter worth $201,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions 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 stock was sold at an average price of $101.73, for a total transaction of $101,730.00. Following the transaction, the senior vice president owned 31,430 shares in the company, valued at approximately $3,197,373.90. This represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Citigroup cut their price objective on Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Weiss Ratings downgraded shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. Stifel Nicolaus set a $118.00 price objective on shares of Veralto in a research note on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Finally, Robert W. Baird set a $108.00 target price on shares of Veralto in a report on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Veralto currently has an average rating of “Hold” and an average price target of $108.22.

Veralto Price Performance

NYSE:VLTO opened at $92.46 on Tuesday. The company has a 50 day moving average price of $99.15 and a 200-day moving average price of $102.26. Veralto Corporation has a 1-year low of $83.86 and a 1-year high of $110.11. The firm has a market cap of $22.96 billion, a price-to-earnings ratio of 24.66, a price-to-earnings-growth ratio of 2.64 and a beta of 0.89. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.98 by $0.06. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities research analysts forecast that Veralto Corporation will post 3.66 EPS for the current year.

Veralto Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Wednesday, December 31st. This is a positive change from Veralto’s previous quarterly dividend of $0.11. Veralto’s payout ratio is currently 13.87%.

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.