An extensive collection of news unveils interesting details about
Veralto Corporation (VLTO). The company sold
US$795k in stock, alluding to potential frailty. Brokerages have given VLTO an average rating of 'Moderate Buy'.
Franklin Resources Inc acquired over 2 million shares while
Concourse Financial Group Securities purchased 518 shares. VLTO is to distribute a quarterly dividend of
$0.09. Multiple financial groups like
Principal Financial Group and
Mckinley Capital Management have invested significantly in VLTO while the corporation has delivered a higher than average
ROE. The company posted
solid year-over-year sales growth and robust free cash flow in the fourth quarter, but there might be some lacking confidence based on the P/S of VLTO. There are also diverse investments in VLTO by companies like
Swiss National Bank and
Victory Capital Management Inc. VLTO suggests shareholders reject Mini-Tender Offer by TRC Capital Investment Corporation. As of Guideline, Veralto is reaping the benefits of being a public trading company. Meanwhile, VLTO's stock price has hit a new 1-year high at
$100.00.
Veralto Corporation VLTO News Analytics from Mon, 31 Oct 2022 14:41:53 GMT to Thu, 23 May 2024 19:38:16 GMT -
Rating 7
- Innovation 5
- Rumor -8
