Veralto Corporation $VLTO Shares Sold by King Luther Capital Management Corp

King Luther Capital Management Corp decreased its position in Veralto Corporation (NYSE:VLTO) by 7.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 414,985 shares of the company’s stock after selling 31,346 shares during the quarter. King Luther Capital Management Corp’s holdings in Veralto were worth $41,407,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Compass Wealth Management LLC acquired a new stake in shares of Veralto in the third quarter valued at $6,708,000. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Veralto by 3.4% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,199,220 shares of the company’s stock valued at $119,658,000 after purchasing an additional 39,803 shares during the last quarter. LGT Capital Partners LTD. purchased a new stake in shares of Veralto during the third quarter valued at $2,068,000. First Trust Advisors LP lifted its holdings in shares of Veralto by 24.3% during the third quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after purchasing an additional 685,614 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Veralto by 30.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,602 shares of the company’s stock valued at $6,147,000 after purchasing an additional 14,219 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Stock Down 0.8%

NYSE:VLTO opened at $86.07 on Wednesday. The firm has a market capitalization of $21.14 billion, a price-to-earnings ratio of 22.24, a PEG ratio of 2.45 and a beta of 0.77. Veralto Corporation has a 1-year low of $84.45 and a 1-year high of $110.11. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The business’s fifty day moving average price is $88.19 and its 200 day moving average price is $94.69.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period in the previous year, the firm earned $0.95 earnings per share. Veralto’s quarterly revenue was up 6.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, sell-side analysts forecast that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio is presently 13.44%.

Analyst Upgrades and Downgrades

VLTO has been the subject of several analyst reports. Barclays reduced their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. UBS Group upped their target price on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Robert W. Baird set a $103.00 target price on Veralto in a report on Thursday, April 30th. Jefferies Financial Group initiated coverage on Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price for the company. Finally, Citigroup reduced their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $105.88.

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.