Quantinno Capital Management LP Acquires 28,015 Shares of Veralto Corporation $VLTO

Quantinno Capital Management LP increased its holdings in shares of Veralto Corporation (NYSE:VLTO) by 18.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 181,792 shares of the company’s stock after acquiring an additional 28,015 shares during the period. Quantinno Capital Management LP’s holdings in Veralto were worth $16,074,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in VLTO. State Street Corp increased its stake in Veralto by 2.6% in the fourth quarter. State Street Corp now owns 10,720,184 shares of the company’s stock valued at $1,071,035,000 after acquiring an additional 270,356 shares during the period. Geode Capital Management LLC boosted its holdings in Veralto by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock valued at $720,876,000 after purchasing an additional 126,814 shares in the last quarter. First Trust Advisors LP boosted its holdings in Veralto by 31.5% during the first quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock valued at $543,817,000 after purchasing an additional 1,472,304 shares in the last quarter. Invesco Ltd. boosted its holdings in Veralto by 6.3% during the fourth quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock valued at $458,493,000 after purchasing an additional 272,036 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Veralto by 2.2% in the 4th quarter. Bank of New York Mellon Corp now owns 3,453,007 shares of the company’s stock valued at $344,541,000 after purchasing an additional 75,253 shares during the period. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Veralto news, CEO Jennifer Honeycutt sold 7,097 shares of Veralto stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total value of $720,487.44. Following the completion of the transaction, the chief executive officer owned 124,085 shares in the company, valued at approximately $12,597,109.20. The trade was a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VLTO. Robert W. Baird set a $111.00 target price on Veralto in a report on Thursday. Stifel Nicolaus boosted their price target on Veralto from $111.00 to $114.00 and gave the company a “buy” rating in a research note on Thursday. Royal Bank Of Canada upped their price target on Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a research report on Thursday. UBS Group increased their price objective on Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Veralto in a report on Wednesday, June 24th. Six equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $110.90.

Veralto Price Performance

Shares of Veralto stock opened at $94.34 on Monday. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $23.00 billion, a price-to-earnings ratio of 23.82, a P/E/G ratio of 2.55 and a beta of 0.60. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. The firm’s 50-day moving average price is $88.62 and its two-hundred day moving average price is $90.83.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.10. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter last year, the business posted $0.93 earnings per share. The company’s revenue was up 7.5% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. On average, equities analysts predict that Veralto Corporation will post 4.41 earnings per share for the current fiscal year.

Veralto Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were 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 of this dividend was Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is currently 13.13%.

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. This segment provides water solutions, including chemical reagents, services, and digital solutions.