Veralto Corporation $VLTO Shares Purchased by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ raised its position in Veralto Corporation (NYSE:VLTO) by 74.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,214 shares of the company’s stock after acquiring an additional 87,399 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned approximately 0.08% of Veralto worth $20,716,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of Veralto by 3.6% during the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 3,883 shares of the company’s stock worth $378,000 after purchasing an additional 134 shares in the last quarter. Huntleigh Advisors Inc. lifted its holdings in Veralto by 0.5% during the 2nd quarter. Huntleigh Advisors Inc. now owns 28,286 shares of the company’s stock worth $2,856,000 after buying an additional 134 shares in the last quarter. Argent Trust Co lifted its holdings in Veralto by 1.8% during the 1st quarter. Argent Trust Co now owns 8,096 shares of the company’s stock worth $789,000 after buying an additional 140 shares in the last quarter. Strategic Blueprint LLC boosted its position in Veralto by 6.2% in the 2nd quarter. Strategic Blueprint LLC now owns 2,438 shares of the company’s stock valued at $246,000 after buying an additional 143 shares during the period. Finally, Mirador Capital Partners LP grew its stake in shares of Veralto by 2.1% in the second quarter. Mirador Capital Partners LP now owns 7,579 shares of the company’s stock worth $765,000 after acquiring an additional 153 shares in the last quarter. 91.28% of the stock is currently owned by hedge funds and other institutional investors.

Veralto Stock Down 0.0%

Veralto stock opened at $101.22 on Friday. The company has a market capitalization of $25.13 billion, a P/E ratio of 27.73, a PEG ratio of 3.16 and a beta of 0.89. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.40 and a current ratio of 1.57. Veralto Corporation has a fifty-two week low of $83.86 and a fifty-two week high of $110.11. The stock has a 50-day simple moving average of $101.93 and a 200-day simple moving average of $102.88.

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

Veralto Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, September 30th were given a $0.11 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.44 annualized dividend and a yield of 0.4%. Veralto’s dividend payout ratio is 12.05%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. UBS Group upped their price objective on Veralto from $110.00 to $112.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Raymond James Financial started coverage on shares of Veralto in a report on Tuesday, August 26th. They issued a “market perform” rating on the stock. Citigroup decreased their price objective on shares of Veralto from $112.00 to $111.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Royal Bank Of Canada boosted their target price on shares of Veralto from $108.00 to $111.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 30th. Finally, BMO Capital Markets cut 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. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.11.

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.