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Veralto Corp (NYSE: VLTO), a $26.35 billion market cap company with impressive gross profit margins of nearly 60%, saw its President and CEO Jennifer Honeycutt sell 10,646 shares of company stock on August 29, 2025, at a price of $106.26, totaling $1,131,243. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with 10 analysts recently revising their earnings expectations upward.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 28, 2025. Following the sale, Honeycutt directly owns 106,219 shares of Veralto Corp. The company maintains strong financial health with a "Good" rating from InvestingPro, which offers comprehensive analysis through its Pro Research Report, available for over 1,400 US stocks.
On the same day, Honeycutt also exercised options to acquire 10,646 shares of Veralto stock at a price of $28.76, for a total value of $306,178. These options are fully vested and exercisable, with an expiration date of February 24, 2027. Analyst price targets for the stock currently range from $97 to $130, reflecting varied outlooks on the company’s valuation.
In other recent news, Veralto Corporation reported stronger-than-expected earnings for the second quarter of 2025. The company achieved an EPS of $0.93, surpassing the forecast of $0.85, and revenue also exceeded expectations, reaching $1.37 billion compared to the projected $1.36 billion. Following these results, Stifel raised its price target for Veralto to $120, maintaining a Buy rating, and noted the company’s improved guidance for the rest of 2025. Wolfe Research upgraded Veralto’s stock rating to Outperform, setting a price target of $123, based on expectations for continued positive estimate revisions and a return to organic growth. BMO Capital also raised its price target to $125, citing strong execution in Veralto’s European water business, which saw 11.4% growth. Meanwhile, Raymond James initiated coverage with a Market Perform rating, suggesting the stock is fully valued at current levels. These developments highlight Veralto’s strong performance and strategic advancements in recent times.
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