Fisher Asset Management LLC Has $2.86 Million Stock Position in Vertiv Holdings Co. $VRT

Fisher Asset Management LLC lessened its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 12.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,662 shares of the company’s stock after selling 2,443 shares during the quarter. Fisher Asset Management LLC’s holdings in Vertiv were worth $2,861,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. CreativeOne Wealth LLC raised its position in Vertiv by 187.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock valued at $1,606,000 after purchasing an additional 6,947 shares during the last quarter. Plato Investment Management Ltd increased its stake in shares of Vertiv by 272.7% in the 3rd quarter. Plato Investment Management Ltd now owns 8,825 shares of the company’s stock valued at $1,321,000 after buying an additional 6,457 shares during the period. WD Rutherford LLC grew its stake in shares of Vertiv by 80.7% during the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after purchasing an additional 6,734 shares during the period. KBC Group NV grew its stake in shares of Vertiv by 191.1% during the fourth quarter. KBC Group NV now owns 206,102 shares of the company’s stock worth $33,391,000 after purchasing an additional 135,313 shares during the period. Finally, Impax Asset Management Group plc grew its stake in shares of Vertiv by 94.4% during the third quarter. Impax Asset Management Group plc now owns 918,200 shares of the company’s stock worth $138,520,000 after purchasing an additional 445,785 shares during the period. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Mizuho set a $380.00 target price on Vertiv in a research note on Thursday, May 21st. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Royal Bank Of Canada boosted their target price on Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. HSBC assumed coverage on Vertiv in a research note on Wednesday, March 25th. They issued a “buy” rating and a $325.00 target price for the company. Finally, Wall Street Zen cut Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average price target of $322.32.

Insider Activity at Vertiv

In other news, Director Edward L. Monser sold 77,294 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $245.49, for a total value of $18,974,904.06. Following the sale, the director directly owned 16,500 shares in the company, valued at $4,050,585. The trade was a 82.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.10% of the stock is currently owned by company insiders.

Vertiv Stock Performance

Shares of Vertiv stock opened at $314.29 on Friday. The firm has a market cap of $120.72 billion, a price-to-earnings ratio of 78.97, a price-to-earnings-growth ratio of 1.38 and a beta of 2.09. The stock’s 50-day moving average is $304.93 and its 200-day moving average is $234.12. Vertiv Holdings Co. has a one year low of $104.71 and a one year high of $379.93. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Equities analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Tuesday, March 17th. Vertiv’s payout ratio is 6.28%.

Vertiv Company Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.