Wellington Management Group LLP Raises Stock Position in Veralto Corporation $VLTO

Wellington Management Group LLP increased its holdings in shares of Veralto Corporation (NYSE:VLTO) by 79.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 406,475 shares of the company’s stock after purchasing an additional 180,315 shares during the period. Wellington Management Group LLP’s holdings in Veralto were worth $36,046,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Veralto by 82.2% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after acquiring an additional 129 shares during the period. DV Equities LLC purchased a new position in Veralto in the 4th quarter valued at about $35,000. Elyxium Wealth LLC acquired a new stake in shares of Veralto during the fourth quarter valued at about $37,000. Headlands Technologies LLC purchased a new stake in shares of Veralto during the second quarter worth about $44,000. Finally, EFG International AG purchased a new position in Veralto in the fourth quarter valued at about $49,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

Insider Activity at Veralto

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 124,085 shares in the company, valued at $12,597,109.20. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of Veralto stock in a transaction on Monday, August 17th. The shares were sold at an average price of $97.05, for a total value of $95,691.30. Following the sale, the senior vice president directly owned 8,565 shares in the company, valued at $831,233.25. The trade was a 10.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,180 shares of company stock worth $1,490,394 in the last 90 days. 0.43% of the stock is owned by company insiders.

Veralto Price Performance

Shares of NYSE VLTO opened at $96.34 on Friday. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $109.86. The firm has a market capitalization of $23.49 billion, a PE ratio of 24.33, a P/E/G ratio of 2.78 and a beta of 0.60. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61. The business’s fifty day moving average price is $95.22 and its two-hundred day moving average price is $90.83.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.10. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 EPS. 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, research analysts expect that Veralto Corporation will post 4.41 EPS for the current year.

Wall Street Analysts Forecast Growth

VLTO has been the topic of several recent analyst reports. Stifel Nicolaus upped their price target on shares of Veralto from $111.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. BNP Paribas Exane restated an “outperform” rating and set a $120.00 price objective (up from $115.00) on shares of Veralto in a research note on Thursday, July 30th. Royal Bank Of Canada lifted their target price on Veralto from $100.00 to $109.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 30th. Finally, Robert W. Baird set a $111.00 price objective on shares of Veralto in a report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.90.

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.