Company Overview - Veralto Corporation (VLTO) has gained 15% over the past year and holds a Growth Score of A, indicating strong growth quality and sustainability [1] - The expected long-term EPS growth rate for VLTO is 6.3%, with earnings projected to grow by 3.4% in 2025 and 9% in 2026 [1] Water Quality Segment - VLTO leads in the Water Quality segment, benefiting from growth opportunities in the U.S. driven by industrial and municipal verticals [2] - The CHIPS Act of 2022 supports semiconductor manufacturing, which is crucial for VLTO as ultra-pure water is essential for this industry [2] - Increased U.S. government funding for water infrastructure is expected to drive demand for VLTO's solutions, with WC revenues growing 3.4% year over year in 2024 [3] Product Quality and Inspection (PQI) Segment - VLTO is a trusted leader in the PQI segment, serving major consumer-packaged goods (CPG), life sciences, and pharmaceutical companies [4] - The Marketing & Coding (M&C) sub-segment is the largest revenue contributor, essential for regulatory compliance and data management in pharmaceuticals [4][5] - PQI revenues grew 3.7% year over year in 2024, bolstered by the acquisition of TraceGains, enhancing digital workflow solutions for the food and beverage industry [6] Strategic Acquisitions - VLTO plans to acquire AQUAFIDES to enhance European customer support and expand its UV treatment portfolio, expected to finalize in Q2 2025 [7] Shareholder Value - VLTO has consistently paid a quarterly dividend of 9 cents since its NYSE listing in late 2024, recently increasing it by 22% to 11 cents per share, reflecting financial strength and a commitment to shareholder returns [8]
Veralto Stock Rises 15% in a Year: Here's What You Should Know