Veralto Co. (NYSE:VLTO) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC raised its holdings in shares of Veralto Co. (NYSE:VLTO - Free Report) by 6.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 191,100 shares of the company's stock after acquiring an additional 12,403 shares during the period. Natixis Advisors LLC owned approximately 0.08% of Veralto worth $19,463,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Savant Capital LLC boosted its position in Veralto by 0.5% during the fourth quarter. Savant Capital LLC now owns 20,177 shares of the company's stock worth $2,055,000 after purchasing an additional 98 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of Veralto by 2.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 3,851 shares of the company's stock valued at $431,000 after buying an additional 99 shares in the last quarter. Allworth Financial LP lifted its position in shares of Veralto by 19.4% during the 4th quarter. Allworth Financial LP now owns 622 shares of the company's stock valued at $64,000 after buying an additional 101 shares in the last quarter. Insigneo Advisory Services LLC grew its stake in Veralto by 1.8% in the 3rd quarter. Insigneo Advisory Services LLC now owns 5,767 shares of the company's stock valued at $645,000 after acquiring an additional 103 shares during the period. Finally, Quent Capital LLC increased its holdings in Veralto by 17.3% in the 4th quarter. Quent Capital LLC now owns 699 shares of the company's stock worth $71,000 after acquiring an additional 103 shares in the last quarter. 91.28% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Jefferies Financial Group started coverage on shares of Veralto in a report on Thursday, December 12th. They set a "buy" rating and a $125.00 price objective on the stock. Stifel Nicolaus lowered their price objective on Veralto from $116.00 to $110.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Royal Bank of Canada reduced their target price on Veralto from $111.00 to $110.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th. Finally, Citigroup decreased their target price on Veralto from $118.00 to $116.00 and set a "neutral" rating on the stock in a research report on Monday, January 13th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $113.50.

Veralto Trading Down 0.6 %

Shares of VLTO stock traded down $0.58 on Friday, hitting $97.56. 2,879,745 shares of the stock traded hands, compared to its average volume of 1,415,486. Veralto Co. has a twelve month low of $85.91 and a twelve month high of $115.00. The stock has a market capitalization of $24.15 billion, a PE ratio of 29.21, a PEG ratio of 4.24 and a beta of 1.11. The firm's 50-day moving average price is $99.98 and its two-hundred day moving average price is $104.44. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.69 and a current ratio of 1.92.

Veralto (NYSE:VLTO - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05. Veralto had a net margin of 16.04% and a return on equity of 49.29%. As a group, analysts anticipate that Veralto Co. will post 3.66 EPS for the current year.

Veralto Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Monday, March 31st. Veralto's dividend payout ratio (DPR) is presently 13.17%.

Insider Transactions at Veralto

In other news, SVP Surekha Trivedi sold 590 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $100.35, for a total value of $59,206.50. Following the transaction, the senior vice president now directly owns 8,470 shares in the company, valued at approximately $849,964.50. This represents a 6.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jennifer Honeycutt sold 10,414 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $100.35, for a total value of $1,045,044.90. Following the completion of the sale, the chief executive officer now directly owns 104,496 shares in the company, valued at approximately $10,486,173.60. The trade was a 9.06 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,467 shares of company stock worth $1,150,366. 0.31% of the stock is currently owned by company insiders.

Veralto Company 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.