Adams Diversified Equity Fund Inc. Takes Position in Vertiv Holdings Co. $VRT

Adams Diversified Equity Fund Inc. acquired a new stake in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 51,800 shares of the company’s stock, valued at approximately $12,980,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Empowered Funds LLC raised its holdings in Vertiv by 25.9% in the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after buying an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Vertiv in the second quarter valued at $567,000. Cary Street Partners Financial LLC increased its holdings in Vertiv by 19.8% in the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after purchasing an additional 230 shares during the period. Bank of Nova Scotia raised its position in Vertiv by 49.7% during the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after purchasing an additional 9,712 shares during the last quarter. Finally, Ossiam bought a new position in Vertiv during the 2nd quarter worth $50,000. Institutional investors own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on VRT shares. Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Oppenheimer raised their price objective on Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Wall Street Zen lowered Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Roth Mkm reissued a “buy” rating and set a $355.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Finally, Mizuho set a $380.00 price target on shares of Vertiv in a report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $326.39.

Check Out Our Latest Stock Report on Vertiv

Vertiv Price Performance

Shares of VRT opened at $304.11 on Friday. The firm has a market cap of $116.81 billion, a PE ratio of 76.41, a price-to-earnings-growth ratio of 1.32 and a beta of 2.03. Vertiv Holdings Co. has a 52-week low of $110.06 and a 52-week high of $379.93. The business’s 50 day moving average price is $324.10 and its two-hundred day moving average price is $254.49. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49.

Vertiv (NYSE:VRTGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 EPS. 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 EPS for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s payout ratio is 6.28%.

About Vertiv

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRTFree Report).

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

Receive News & Ratings for Vertiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertiv and related companies with MarketBeat.com's FREE daily email newsletter.