2 weeks Ago By ABMN Staff
Security National Bank of Sioux City Iowa IA reduced its position in shares of Veralto Co. ( NYSE:VLTO – Free Report ) by 3.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor owned 15,649 shares of the company’s stock after selling 541 shares during the quarter. Security National Bank of Sioux City Iowa IA’s holdings in Veralto were worth $1,494,000 as of its most recent SEC filing. A number of other institutional investors have also recently modified their holdings of the business.
Vanguard Group Inc. acquired a new position in Veralto during the fourth quarter worth $2,127,330,000. Capital International Investors acquired a new position in shares of Veralto during the 4th quarter worth about $538,324,000.
Swedbank AB purchased a new position in Veralto in the 1st quarter valued at about $237,864,000. Northern Trust Corp boosted its holdings in Veralto by 33,575.5% in the 4th quarter.
Northern Trust Corp now owns 2,520,275 shares of the company’s stock worth $207,318,000 after buying an additional 2,512,791 shares during the last quarter. Finally, Rudius Management LP increased its stake in Veralto by 28,658.9% during the 4th quarter.
Rudius Management LP now owns 1,723,232 shares of the company’s stock worth $141,753,000 after buying an additional 1,717,240 shares in the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.
Veralto Stock Down 0.8 % VLTO stock opened at $110.30 on Friday.
Veralto Co. has a one year low of $65.51 and a one year high of $112.
77. The firm has a market cap of $27.23 billion and a PE ratio of 29.
65. The firm’s 50 day moving average price is $107.91 and its 200-day moving average price is $99.
35. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.
70 and a current ratio of 1.96. Veralto Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st.
Shareholders of record on Friday, September 27th will be given a dividend of $0.09 per share. This represents a $0.
36 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date is Friday, September 27th.
Veralto’s dividend payout ratio is presently 9.68%. Insider Activity In related news, SVP Surekha Trivedi sold 753 shares of the stock in a transaction that occurred on Thursday, August 1st.
The shares were sold at an average price of $106.72, for a total transaction of $80,360.16.
Following the completion of the transaction, the senior vice president now owns 12,671 shares of the company’s stock, valued at approximately $1,352,249.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website .
In other Veralto news, SVP Mattias Bystrom sold 3,000 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $105.89, for a total transaction of $317,670.
00. Following the sale, the senior vice president now directly owns 31,045 shares in the company, valued at $3,287,355.05.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, SVP Surekha Trivedi sold 753 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $106.
72, for a total transaction of $80,360.16. Following the completion of the transaction, the senior vice president now directly owns 12,671 shares of the company’s stock, valued at approximately $1,352,249.
12. The disclosure for this sale can be found here . In the last three months, insiders have sold 25,096 shares of company stock valued at $2,772,707.
Company insiders own 0.31% of the company’s stock. Wall Street Analyst Weigh In Several equities analysts have recently weighed in on the company.
The Goldman Sachs Group raised their target price on Veralto from $104.00 to $116.00 and gave the company a “buy” rating in a research report on Monday, July 29th.
Deutsche Bank Aktiengesellschaft lifted their target price on shares of Veralto from $100.00 to $109.00 and gave the stock a “hold” rating in a research note on Monday, July 29th.
Stifel Nicolaus upped their target price on shares of Veralto from $110.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, July 29th.
UBS Group assumed coverage on shares of Veralto in a research note on Tuesday, August 13th. They issued a “neutral” rating and a $118.00 price target on the stock.
Finally, Robert W. Baird upped their price objective on shares of Veralto from $98.00 to $112.
00 and gave the company a “neutral” rating in a research note on Monday, July 29th. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.
com, the company has an average rating of “Moderate Buy” and a consensus target price of $104.46. Read Our Latest Stock Report on VLTO 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 Articles Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.
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