Key Points
- SVP Surekha Trivedi sold 36,427 shares for about $3.97 million, cutting her stake by roughly 81%; the sale was made under a pre-arranged Rule 10b5-1 plan.
- Veralto’s third-quarter results beat expectations: EPS was $1.18 versus a $1.09 consensus, while revenue rose 7.5% year over year to $1.51 billion. The article also reports that management raised its full-year outlook.
- Analyst sentiment remains moderately positive, with a consensus “Moderate Buy” rating and a $120.70 price target; several firms recently raised their targets.
Veralto Corporation (NYSE:VLTO - Get Free Report) SVP Surekha Trivedi sold 36,427 shares of Veralto stock in a transaction on Friday, October 30th. The stock was sold at an average price of $108.89, for a total value of $3,966,536.03. Following the transaction, the senior vice president owned 8,565 shares in the company, valued at approximately $932,642.85. This represents a 80.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Surekha Trivedi also recently made the following trade(s):
- On Monday, August 17th, Surekha Trivedi sold 986 shares of Veralto stock. The shares were sold at an average price of $97.05, for a total transaction of $95,691.30.
Veralto Trading Up 0.5%
Shares of VLTO opened at $116.32 on Wednesday. The company has a current ratio of 2.03, a quick ratio of 1.61 and a debt-to-equity ratio of 0.83. Veralto Corporation has a 12-month low of $80.03 and a 12-month high of $117.05. The firm has a 50-day moving average price of $98.90 and a 200 day moving average price of $93.27. The firm has a market capitalization of $28.28 billion, a P/E ratio of 28.79, a P/E/G ratio of 3.21 and a beta of 0.51.
Veralto (NYSE:VLTO - Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.09. Veralto had a net margin of 17.27% and a return on equity of 35.08%. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period last year, the business earned $0.99 earnings per share. Veralto's revenue was up 7.5% compared to the same quarter last year. Sell-side analysts forecast that Veralto Corporation will post 4.51 EPS for the current year.
Veralto Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th were paid a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.4%. Veralto's dividend payout ratio is 12.87%.
Institutional Investors Weigh In On Veralto
A number of institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC increased its holdings in Veralto by 15.4% during the 3rd quarter. Brighton Jones LLC now owns 5,031 shares of the company's stock worth $475,000 after purchasing an additional 672 shares during the period. Ethic Inc. boosted its stake in shares of Veralto by 59.6% in the 3rd quarter. Ethic Inc. now owns 44,897 shares of the company's stock valued at $4,235,000 after buying an additional 16,770 shares during the period. Pictet Asset Management Holding SA boosted its stake in shares of Veralto by 8.4% in the 3rd quarter. Pictet Asset Management Holding SA now owns 3,285,938 shares of the company's stock valued at $309,946,000 after buying an additional 255,749 shares during the period. Parallel Advisors LLC grew its position in shares of Veralto by 6.1% during the third quarter. Parallel Advisors LLC now owns 3,800 shares of the company's stock worth $358,000 after buying an additional 219 shares in the last quarter. Finally, Calamos Advisors LLC grew its position in shares of Veralto by 2.0% during the third quarter. Calamos Advisors LLC now owns 48,438 shares of the company's stock worth $4,569,000 after buying an additional 970 shares in the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have recently commented on the stock. Barclays lifted their price target on shares of Veralto from $117.00 to $129.00 and gave the company an "overweight" rating in a research report on Monday. Wall Street Zen cut Veralto from a "buy" rating to a "hold" rating in a research note on Saturday, October 24th. UBS Group raised their target price on Veralto from $104.00 to $106.00 and gave the stock a "neutral" rating in a research note on Monday, October 5th. Royal Bank Of Canada upped their price target on Veralto from $109.00 to $121.00 and gave the company a "sector perform" rating in a research note on Monday. Finally, Stifel Nicolaus upped their price target on Veralto from $113.00 to $132.00 and gave the company a "buy" rating in a research note on Monday. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $120.70.
View Our Latest Stock Report on VLTO
Veralto News Roundup
Here are the key news stories impacting Veralto this week:
- Positive Sentiment: Veralto’s third-quarter 2026 earnings and revenue beat estimates, with growth in Water Quality and improved margins. Management also raised its full-year outlook, providing a stronger business-growth signal. Veralto Q3 earnings beat estimates
- Positive Sentiment: Barclays raised its price target to $129 from $117 and reiterated its overweight rating, signaling further potential upside in the firm’s view. Barclays rating and price target
- Neutral Sentiment: Citigroup lifted its target to $120 from $107 but maintained a neutral rating. RBC raised its target to $121 from $109 and kept its sector-perform rating, reflecting more cautious views than Barclays. Citigroup rating and price target RBC rating and price target
- Negative Sentiment: Senior Vice President Surekha Trivedi sold 36,427 shares, reducing her holdings by about 81%. The trade was made under a pre-arranged Rule 10b5-1 plan, which may temper—but does not eliminate—the concern investors can attach to insider selling. SEC filing for insider transaction
Veralto Company Profile
(
Get Free Report)
Veralto Corporation (NYSE: VLTO) is a global provider of technology, products and services that help customers manage water quality and improve the quality, safety and efficiency of packaged goods. The company serves municipal, industrial, commercial and consumer-facing markets through a portfolio of operating businesses.
Veralto's Water Quality segment provides instruments, software and services used to test, monitor and treat water and wastewater. Its brands include Hach, Trojan Technologies and ChemTreat, which support applications such as laboratory and field testing, disinfection, water treatment and industrial water management.
The company's Product Quality & Innovation segment supplies technologies used in product identification, packaging design, color management and quality inspection.
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