Hanseatic Management Services Inc. bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,435 shares of the company’s stock, valued at approximately $610,000.
Other hedge funds have also recently made changes to their positions in the company. Sachetta LLC increased its position in Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in Vertiv by 60.5% in the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock worth $33,000 after acquiring an additional 49 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its holdings in Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares in the last quarter. Center for Financial Planning Inc. grew its stake in shares of Vertiv by 554.2% in the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after acquiring an additional 133 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in shares of Vertiv in the first quarter worth $41,000. 89.92% of the stock is owned by institutional investors.
Trending Headlines about Vertiv
Here are the key news stories impacting Vertiv this week:
- Positive Sentiment: Robert W. Baird upgraded Vertiv to strong-buy and initiated/boosted coverage with a $370 price target, citing strong demand tied to data center growth and AI infrastructure spending. Vertiv rated outperform in new coverage at Baird on data center demand
- Positive Sentiment: Baird’s coverage highlights Vertiv as a key beneficiary of the AI data center power buildout, a theme that investors have been rewarding across infrastructure and cooling names. Vertiv (VRT) Stock: Baird Initiates Coverage With $370 Price Target and Outperform Rating
- Positive Sentiment: Market commentary continues to group Vertiv among the stocks positioned to gain from the ongoing AI data center power and cooling spending cycle, which supports the long-term earnings outlook. 3 Stocks Riding the AI Data Center Power Buildout in July
- Neutral Sentiment: RBC Capital trimmed its price target on Vertiv to $418 from $435 but kept an outperform rating, signaling slightly less upside than before while still remaining bullish overall. Benzinga
- Neutral Sentiment: Leon Cooperman-related portfolio commentary mentioned Vertiv among other holdings, but it did not add a clear new catalyst for the stock. Billionaire Leon Cooperman’s Top 3 Stocks: Buy, Sell or Hold
Vertiv Stock Performance
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company’s revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Research analysts anticipate that Vertiv Holdings Co. will post 6.38 earnings per share for the current fiscal year.
Vertiv Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is 6.28%.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on VRT. Wall Street Zen lowered Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Bank of America increased their price objective 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. Loop Capital assumed coverage on shares of Vertiv in a research note on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective for the company. Robert W. Baird started coverage on shares of Vertiv in a research note on Wednesday. They set an “outperform” rating and a $370.00 price objective for the company. Finally, Weiss Ratings cut shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $342.73.
Read Our Latest Stock Report on Vertiv
About Vertiv
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
- Five stocks we like better than Vertiv
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
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.
