Vertiv Holdings Co. $VRT Shares Acquired by Alkeon Capital Management LLC

Alkeon Capital Management LLC boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 178.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,003,110 shares of the company’s stock after purchasing an additional 1,283,110 shares during the period. Alkeon Capital Management LLC owned approximately 0.52% of Vertiv worth $324,524,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Meeder Asset Management Inc. lifted its stake in Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new stake in Vertiv during the fourth quarter valued at approximately $27,000. Park Place Capital Corp lifted its stake in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Vertiv during the fourth quarter valued at approximately $29,000. Finally, Cullen Frost Bankers Inc. lifted its stake in Vertiv by 98.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Stock Up 2.9%

VRT stock opened at $311.67 on Tuesday. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The company has a market cap of $119.71 billion, a price-to-earnings ratio of 78.31, a PEG ratio of 1.31 and a beta of 2.04. The company has a 50 day moving average of $317.12 and a two-hundred day moving average of $245.94.

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

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be given a $0.0625 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 6.28%.

Analyst Ratings Changes

VRT has been the subject of several research analyst reports. HSBC initiated coverage on shares of Vertiv in a research report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 price target for the company. Roth Mkm restated a “buy” rating and issued a $355.00 price target on shares of Vertiv in a research report on Thursday, May 21st. Evercore restated an “outperform” rating and issued a $425.00 price target on shares of Vertiv in a research report on Tuesday, May 12th. Bank of America upped their price target on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Finally, Citigroup upped their price target on shares of Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.

Vertiv 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.