Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul>
<li>Veralto has entered a new phase of portfolio building with its agreement to acquire GlobalVision, a packaging-content verification specialist that has already worked alongside Esko for roughly a decade.</li>
<li>The timing matters.</li>
<li>Veralto came into 2026 after posting $5.5 billion in 2025 sales, 4.7% core sales growth, double-digit adjusted EPS growth, and more than $1 billion of free cash flow, while management also emphasized disciplined capital allocation, a strong M&amp;A pipeline, and a newly authorized share repurchase framework.</li>
</ul>


Veralto has entered a new phase of portfolio building with its agreement to acquire GlobalVision, a packaging-content verification specialist that has already worked alongside Esko for roughly a decade.
The timing matters.
Veralto came into 2026 after posting $5.5 billion in 2025 sales, 4.7% core sales growth, double-digit adjusted EPS growth, and more than $1 billion of free cash flow, while management also emphasized disciplined capital allocation, a strong M&amp;A pipeline, and a newly authorized share repurchase framework.


Veralto Acquisition Deep Dive: Small Deal, Big Strategic Implications!

<ul>
<li>Veralto Corporation delivered a robust yet nuanced performance in the third quarter of 2025, reflecting significant progress across its key business segments amidst a continually evolving macroeconomic landscape.</li>
<li>The company reported a 5.1% increase in core sales and an 11% growth in adjusted earnings per share, propelled by strong execution within its Water Quality and Product Quality &amp; Integrity (PQI) sectors.</li>
<li>Despite navigating challenges such as global trade policy shifts, Veralto raised its full-year adjusted earnings per share guidance, showcasing resilience and adaptability.</li>
</ul>


Veralto Corporation delivered a robust yet nuanced performance in the third quarter of 2025, reflecting significant progress across its key business segments amidst a continually evolving macroeconomic landscape.
The company reported a 5.1% increase in core sales and an 11% growth in adjusted earnings per share, propelled by strong execution within its Water Quality and Product Quality &amp; Integrity (PQI) sectors.
Despite navigating challenges such as global trade policy shifts, Veralto raised its full-year adjusted earnings per share guidance, showcasing resilience and adaptability.


Veralto’s Data Center Revolution – How Water Tech Became the Next Big Thing in AI!

Equity Long-Short Analyst

Pyari Menon

<ul>
<li>With its <a href="https://www.smartkarma.com/entities/danaher-corp" target="_blank" data-smartkarma-citation="entities:8243:1" rel="noopener">Danaher Corp (DHR US)</a> heritage, <a href="https://www.smartkarma.com/entities/veralto-corp" target="_blank" data-smartkarma-citation="entities:40472:1" rel="noopener">Veralto (VLTO US)</a> has built a foundation based on durable and recurring sales growth, high profitability, and strong cash generation.</li>
<li>Veralto's products and services are mission-critical yet account for less than 1% of client costs, leading to high switching costs and ensuring customer retention and financial resilience through economic cycles.</li>
<li>Veralto holds market leadership in both its Water Quality (WQ) and Product Quality &amp; Innovation (PQI) segments, which positions it well for the increasing regulatory and environmental demands. .</li>
</ul>


With its Danaher Corp (DHR US) heritage, Veralto (VLTO US) has built a foundation based on durable and recurring sales growth, high profitability, and strong cash generation.
Veralto's products and services are mission-critical yet account for less than 1% of client costs, leading to high switching costs and ensuring customer retention and financial resilience through economic cycles.
Veralto holds market leadership in both its Water Quality (WQ) and Product Quality &amp; Innovation (PQI) segments, which positions it well for the increasing regulatory and environmental demands. .


Veralto: The Power of Customer Dependency and Recurring Revenue

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

Key points (machine generated)<ul><li>Veralto, a recent spin-off from Danaher, is focused on providing water and product quality solutions.</li><li>The company can now concentrate on its core business and leverage its advanced technology and strong global brands.</li><li>With a solid financial profile and a presence in attractive end markets, Veralto is well-positioned to meet the growing demand for water analytics and treatment solutions.</li></ul>This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Key points (machine generated)Veralto, a recent spin-off from Danaher, is focused on providing water and product quality solutions.The company can now concentrate on its core business and leverage its advanced technology and strong global brands.With a solid financial profile and a presence in attractive end markets, Veralto is well-positioned to meet the growing demand for water analytics and treatment solutions.This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Veralto Corp -Spn (VLTO) - Wednesday, Oct 18, 2023

United States

Veralto Corporation provides technology solutions. The Company offers product quality control systems and water purification equipment. Veralto serves customers worldwide.

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Veralto (VLTO US)

Veralto Acquisition Deep Dive: Small Deal, Big Strategic Implications!

Veralto came into 2026 after posting $5.5 billion in 2025 sales, 4.7% core sales growth, double-digit adjusted EPS growth, and more than $1 billion...

Baptista Research

Veralto’s Data Center Revolution – How Water Tech Became the Next Big Thing in AI!

Despite navigating challenges such as global trade policy shifts, Veralto raised its full-year adjusted earnings per share guidance, showcasing...

Baptista Research

Veralto: The Power of Customer Dependency and Recurring Revenue

Veralto's products and services are typically low cost but critical leading to high recurring sales, solid profitability and a leadership position...

Pyari Menon

Veralto Corp -Spn (VLTO) - Wednesday, Oct 18, 2023

With a solid financial profile and a presence in attractive end markets, Veralto is well-positioned to meet the growing demand for water analytics...

Value Investors Club (VIC)

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