Huntleigh Advisors Inc. Boosts Stock Holdings in Veralto Corporation $VLTO

Huntleigh Advisors Inc. grew its position in shares of Veralto Corporation (NYSE:VLTO) by 0.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,286 shares of the company’s stock after buying an additional 134 shares during the quarter. Huntleigh Advisors Inc.’s holdings in Veralto were worth $2,856,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in VLTO. Harbor Asset Planning Inc. purchased a new stake in shares of Veralto during the second quarter valued at approximately $26,000. Truvestments Capital LLC grew its holdings in shares of Veralto by 148.5% during the first quarter. Truvestments Capital LLC now owns 328 shares of the company’s stock valued at $32,000 after buying an additional 196 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Veralto during the second quarter valued at approximately $51,000. Cloud Capital Management LLC purchased a new stake in shares of Veralto during the first quarter valued at approximately $64,000. Finally, Marshall & Sullivan Inc. WA purchased a new stake in shares of Veralto during the second quarter valued at approximately $74,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Trading Up 1.0%

Shares of VLTO stock opened at $102.88 on Friday. Veralto Corporation has a 12-month low of $83.86 and a 12-month high of $115.00. The company has a current ratio of 2.32, a quick ratio of 2.06 and a debt-to-equity ratio of 1.00. The firm’s 50 day moving average is $106.06 and its 200 day moving average is $101.10. The stock has a market capitalization of $25.53 billion, a P/E ratio of 28.74, a P/E/G ratio of 3.36 and a beta of 0.90.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Monday, July 28th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.04. Veralto had a net margin of 16.65% and a return on equity of 41.45%. The business had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the firm earned $0.85 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. Veralto has set its FY 2025 guidance at 3.720-3.800 EPS. Q3 2025 guidance at 0.910-0.950 EPS. 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 will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be given a $0.11 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $0.44 annualized dividend and a yield of 0.4%. Veralto’s dividend payout ratio (DPR) is presently 12.29%.

Insiders Place Their Bets

In other Veralto news, CEO Jennifer Honeycutt sold 10,646 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $106.26, for a total value of $1,131,243.96. Following the transaction, the chief executive officer directly owned 106,219 shares in the company, valued at approximately $11,286,830.94. This trade represents a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

VLTO has been the topic of a number of recent analyst reports. Raymond James Financial initiated coverage on shares of Veralto in a report on Tuesday, August 26th. They set a “market perform” rating on the stock. Stifel Nicolaus set a $120.00 price target on shares of Veralto and gave the company a “buy” rating in a report on Wednesday, July 30th. Weiss Ratings upgraded shares of Veralto from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th. Barclays dropped their target price on shares of Veralto from $120.00 to $119.00 and set an “overweight” rating on the stock in a report on Monday, October 6th. Finally, Wolfe Research upgraded shares of Veralto from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Veralto has a consensus rating of “Moderate Buy” and a consensus target price of $113.43.

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.