Liontrust Investment Partners LLP Has $124.93 Million Holdings in Veralto Corporation $VLTO

Liontrust Investment Partners LLP decreased its holdings in shares of Veralto Corporation (NYSE:VLTO) by 5.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,237,541 shares of the company’s stock after selling 74,863 shares during the quarter. Veralto comprises approximately 1.8% of Liontrust Investment Partners LLP’s investment portfolio, making the stock its 17th biggest holding. Liontrust Investment Partners LLP owned about 0.50% of Veralto worth $124,930,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of VLTO. Royal Bank of Canada lifted its stake in Veralto by 13.1% in the first quarter. Royal Bank of Canada now owns 1,177,453 shares of the company’s stock valued at $114,741,000 after buying an additional 136,708 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of Veralto by 28.0% during the first quarter. Alliancebernstein L.P. now owns 6,235,563 shares of the company’s stock worth $607,656,000 after acquiring an additional 1,363,502 shares during the period. Defender Capital LLC. lifted its position in Veralto by 9.2% in the 2nd quarter. Defender Capital LLC. now owns 172,870 shares of the company’s stock valued at $17,451,000 after acquiring an additional 14,586 shares in the last quarter. Foresight Group Ltd Liability Partnership bought a new stake in Veralto in the 1st quarter valued at $14,162,000. Finally, Vise Technologies Inc. acquired a new position in Veralto in the 2nd quarter worth $597,000. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Veralto Stock Down 0.1%

NYSE:VLTO opened at $98.65 on Friday. Veralto Corporation has a twelve month low of $83.86 and a twelve month high of $110.11. The firm has a market capitalization of $24.49 billion, a price-to-earnings ratio of 27.03, a price-to-earnings-growth ratio of 3.08 and a beta of 0.87. The company has a quick ratio of 1.40, a current ratio of 1.57 and a debt-to-equity ratio of 0.69. The stock’s 50 day moving average price is $100.85 and its two-hundred day moving average price is $102.85.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, October 28th. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.04. Veralto had a net margin of 16.75% and a return on equity of 38.69%. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the business earned $0.89 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS and its 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 fiscal year.

Veralto Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Jefferies Financial Group reissued a “hold” rating and issued a $105.00 price target (down previously from $125.00) on shares of Veralto in a research note on Wednesday. Raymond James Financial started coverage on Veralto in a research report on Tuesday, August 26th. They issued a “market perform” rating on the stock. Citigroup reduced their price target on Veralto from $112.00 to $111.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. UBS Group raised their price target on shares of Veralto from $110.00 to $112.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Barclays boosted their price objective on shares of Veralto from $119.00 to $121.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Veralto has an average rating of “Moderate Buy” and an average target price of $112.89.

Insider Buying and Selling

In other Veralto news, SVP Mattias Bystrom sold 1,000 shares of the business’s 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 of the company’s stock, valued at $3,197,373.90. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.36% of the company’s stock.

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.