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Veralto Co. beat earnings expectations but saw a slight drop in Envestnet's share ownership.
Veralto Co. saw a 1.7% drop in shares held by Envestnet Portfolio Solutions during Q4, reducing their ownership to 33,932 shares.
Veralto surpassed earnings expectations with $0.95 EPS, up from estimates of $0.90.
The company, which provides water analytics and treatment services, will pay a $0.11 dividend on April 30th.
Despite insider selling, analysts have mixed opinions on Veralto's future, with a consensus price target of $113.50.
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Veralto Co. superó las expectativas de ganancias, pero vio una ligera caída en la propiedad de acciones de Envestnet.