Universal Beteiligungs und Servicegesellschaft mbH Purchases 8,441 Shares of Veralto Corporation $VLTO

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Veralto Corporation (NYSE:VLTO) by 3.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 228,007 shares of the company’s stock after purchasing an additional 8,441 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.09% of Veralto worth $23,017,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mar Vista Investment Partners LLC lifted its position in Veralto by 4.8% during the second quarter. Mar Vista Investment Partners LLC now owns 287,620 shares of the company’s stock valued at $29,035,000 after buying an additional 13,228 shares during the period. Citizens Financial Group Inc. RI increased its stake in shares of Veralto by 7.4% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 4,144 shares of the company’s stock worth $418,000 after acquiring an additional 287 shares in the last quarter. Westwood Holdings Group Inc. purchased a new position in Veralto during the 2nd quarter valued at about $69,839,000. Intech Investment Management LLC lifted its position in Veralto by 4.8% during the 2nd quarter. Intech Investment Management LLC now owns 349,244 shares of the company’s stock valued at $35,256,000 after acquiring an additional 15,912 shares during the period. Finally, Creative Planning boosted its stake in Veralto by 18.5% during the second quarter. Creative Planning now owns 38,302 shares of the company’s stock worth $3,867,000 after acquiring an additional 5,972 shares in the last quarter. 91.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VLTO has been the subject of a number of analyst reports. Citigroup decreased their target price on shares of Veralto from $112.00 to $111.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Raymond James Financial assumed coverage on Veralto in a research note on Tuesday, August 26th. They issued a “market perform” rating on the stock. UBS Group lifted their price objective on Veralto from $110.00 to $112.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Wolfe Research raised Veralto from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. Finally, Robert W. Baird raised their price target on Veralto from $106.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, July 30th. Six investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.25.

Insider Activity

In other news, CEO Jennifer Honeycutt sold 10,646 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $106.26, for a total transaction of $1,131,243.96. Following the sale, the chief executive officer owned 106,219 shares of the company’s stock, valued at $11,286,830.94. This trade represents a 9.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.36% of the stock is currently owned by insiders.

Veralto Stock Performance

VLTO stock opened at $97.76 on Wednesday. The stock’s 50 day simple moving average is $103.12 and its 200 day simple moving average is $102.79. The company has a current ratio of 1.57, a quick ratio of 1.40 and a debt-to-equity ratio of 0.69. Veralto Corporation has a 12-month low of $83.86 and a 12-month high of $110.11. The stock has a market capitalization of $24.27 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 3.06 and a beta of 0.89.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.04. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a return on equity of 38.69% and a net margin of 16.75%.The company’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.89 earnings per share. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS. Q4 2025 guidance at 0.950-0.980 EPS. As a group, research analysts forecast that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.11 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.44 annualized dividend and a yield of 0.5%. Veralto’s dividend payout ratio is currently 12.05%.

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.