The S&P/ASX 200 Index (ASX: XJO) is down 0.1% in afternoon trade, but that's not stopping these five ASX 200 shares from breaking into new 52-week-plus highs.

So, which large-cap companies are setting new high-water marks on Wednesday?

I'm glad you asked!

Five ASX 200 shares hitting new one-year-plus highs

The first ASX 200 share smashing new one-year highs today is location technology company Life360 Inc (ASX: 360).

Life360 shares are up 9.9% today, changing hands for $29.87 apiece. That puts the Life360 share price up a blistering 100% in a year. And it sees the stock trading not just at a new 52-week high but at a new all-time high.

Life360 shares closed up 14.0% yesterday following the release of the company's quarterly results. Investors reacted positively after Life360 reported a 32% year-on-year increase in revenue for the three months to US$103.6 million. Operating cash flow of US$12.1 million was up 13%.

The second ASX 200 share setting new highs today is testing services company ALS Ltd (ASX: ALQ).

The ALS share price is up 1.2% at the time of writing at $18.02 a share. That sees the stock up 32% in a year and also trading at new all-time highs. Atop those share price gains, ALS also trades on a 2.1% partly franked trailing dividend yield.

ALS shares are up 14% since the company's trading update on 28 April.

Moving on to the third ASX 200 share notching new 52-week-plus highs today, we have Wesfarmers Ltd (ASX: WES).

The Wesfarmers share price is up 0.8% in afternoon trade today at $80.75. This also represents a new all-time record high for the Wesfarmers share price.

Shares in the company – which owns Bunnings, Kmart, and Officeworks, among others – have now gained 17% over the past full year. Atop those share price gains, Wesfarmers shares also trade on a 2.5% fully franked trailing dividend yield.

Who else is setting new highs?

Also marching into new 52-week-plus high territory today is software company Technology One Ltd (ASX: TNE).

The ASX 200 share is up 1.2% today, with shares changing hands for $32.68 apiece. That sees the Technology One share price up 103% in a year, which marks another all-time high for this stock. The tech stock also trades on a 0.6% partly franked trailing dividend yield.

Which brings us to the fifth ASX 200 share hitting new 52-week highs today, Bank of Queensland Ltd (ASX: BOQ).

The Bank of Queensland share price is up 1.1% at the time of writing, with shares trading for $7.64 each.

The Bank of Queensland share price is now up 29% in a year and trading at its highest level since October 2022. Atop those share price gains, the ASX 200 bank stock trades on a fully franked dividend yield (partly trailing, partly pending) of 4.6%.

Bank of Queensland shares have gained 17.5% since the company reported its half-year results on 16 April.