2 weeks Ago By Defense World Staff
Townsquare Capital LLC decreased its position in Veralto Co. (NYSE:VLTO – Free Report) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC.
The firm owned 4,616 shares of the company’s stock after selling 138 shares during the period. Townsquare Capital LLC’s holdings in Veralto were worth $470,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently bought and sold shares of the company.
Barclays PLC grew its holdings in Veralto by 43.8% during the 3rd quarter. Barclays PLC now owns 729,081 shares of the company’s stock worth $81,556,000 after acquiring an additional 222,076 shares in the last quarter.
Virtu Financial LLC increased its holdings in Veralto by 301.9% during the third quarter. Virtu Financial LLC now owns 15,823 shares of the company’s stock valued at $1,770,000 after buying an additional 11,886 shares during the period.
World Investment Advisors LLC bought a new position in Veralto in the third quarter worth approximately $202,000. Wilmington Savings Fund Society FSB lifted its holdings in Veralto by 48.9% during the third quarter.
Wilmington Savings Fund Society FSB now owns 28,583 shares of the company’s stock worth $3,197,000 after buying an additional 9,382 shares during the period. Finally, Cim Investment Management Inc. bought a new stake in Veralto during the 3rd quarter valued at $469,000.
Institutional investors own 91.28% of the company’s stock. Veralto Trading Up 0.
3 %Veralto stock opened at $89.59 on Monday. The firm has a market cap of $22.
22 billion, a PE ratio of 26.82, a P/E/G ratio of 4.24 and a beta of 0.
97. Veralto Co. has a 12 month low of $83.
87 and a 12 month high of $115.00. The stock’s 50 day simple moving average is $95.
86 and its two-hundred day simple moving average is $101.68. The company has a current ratio of 1.
92, a quick ratio of 1.69 and a debt-to-equity ratio of 1.27.
Veralto (NYSE:VLTO – Get Free Report) last announced 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 return on equity of 49.
29% and a net margin of 16.04%. Analysts anticipate that Veralto Co.
will post 3.66 earnings per share for the current year. Veralto Announces DividendThe firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th.
Stockholders of record on Monday, March 31st will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Monday, March 31st.
This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.49%.
Veralto’s dividend payout ratio (DPR) is 13.17%. Analysts Set New Price TargetsSeveral research analysts have recently commented on the company.
Royal Bank of Canada reduced their price target on Veralto from $111.00 to $110.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th.
Stifel Nicolaus decreased their price target on shares of Veralto from $110.00 to $102.00 and set a “buy” rating for the company in a research report on Wednesday, April 16th.
Finally, Citigroup cut their price objective on shares of Veralto from $116.00 to $100.00 and set a “neutral” rating on the stock in a research report on Monday, April 14th.
Six research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $111.
10.View Our Latest Stock Analysis on VeraltoInsider Buying and SellingIn other Veralto news, SVP Surekha Trivedi sold 590 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $97.
05, for a total transaction of $57,259.50. Following the completion of the transaction, the senior vice president now owns 10,011 shares of the company’s stock, valued at $971,567.
55. This represents a 5.57 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jennifer Honeycutt sold 10,414 shares of Veralto stock in a transaction that occurred on Tuesday, February 25th. The stock was 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 $10,486,173.
60. This represents a 9.06 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. In the last quarter, insiders sold 22,471 shares of company stock valued at $2,234,030. 0.
36% of the stock is owned by corporate insiders. Veralto Profile (Free Report)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.Featured StoriesFive stocks we like better than VeraltoNatural Gas Prices Continue To Rally, These Stocks Should BenefitWith a 60%+ Upside, There’s Plenty to Love About LovesacBest of the list of Dividend Aristocrats: Build wealth with the aristocrat indexJ.B.
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