Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Veralto Corporation (NYSE:VLTO). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Veralto stock on May 11th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
Veralto Price Performance
Shares of NYSE:VLTO opened at $82.41 on Thursday. The business’s fifty day moving average price is $87.30 and its two-hundred day moving average price is $93.60. The stock has a market cap of $20.24 billion, a PE ratio of 21.29, a price-to-earnings-growth ratio of 2.43 and a beta of 0.69. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. Veralto Corporation has a one year low of $80.03 and a one year high of $110.11.
Veralto Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio is 13.44%.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Veralto by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after buying an additional 852,276 shares during the period. State Street Corp raised its position in shares of Veralto by 2.6% in the 4th quarter. State Street Corp now owns 10,720,184 shares of the company’s stock worth $1,071,035,000 after buying an additional 270,356 shares during the period. Geode Capital Management LLC raised its position in shares of Veralto by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock worth $720,876,000 after buying an additional 126,814 shares during the period. First Trust Advisors LP raised its position in shares of Veralto by 31.5% in the 1st quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock worth $543,817,000 after buying an additional 1,472,304 shares during the period. Finally, Invesco Ltd. raised its position in shares of Veralto by 6.3% in the 4th quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock worth $458,493,000 after buying an additional 272,036 shares during the period. 91.28% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on VLTO shares. BMO Capital Markets restated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Barclays decreased their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Citigroup decreased their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Robert W. Baird set a $103.00 price objective on Veralto in a report on Thursday, April 30th. Finally, Stifel Nicolaus decreased their price objective on Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Veralto has a consensus rating of “Hold” and a consensus target price of $105.88.
Get Our Latest Analysis on VLTO
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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. This segment provides water solutions, including chemical reagents, services, and digital solutions.
Recommended Stories
- Five stocks we like better than Veralto
- The “Duck Stock” Keeps Quietly Making Money for Shareholders
- As Shares Fall, Analyst Are Boosting their Broadcom Price Targets
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.com's FREE daily email newsletter.
