Assenagon Asset Management S.A. Raises Stock Position in Vertiv Holdings Co. $VRT

Assenagon Asset Management S.A. increased its stake in Vertiv Holdings Co. (NYSE:VRT) by 79.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 289,655 shares of the company’s stock after acquiring an additional 128,571 shares during the period. Assenagon Asset Management S.A. owned about 0.08% of Vertiv worth $72,582,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VRT. Vermillion & White Wealth Management Group LLC grew its stake in shares of 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 purchasing an additional 56 shares during the last quarter. Sankala Group LLC bought a new stake in Vertiv during the 4th quarter valued at about $27,000. Meeder Asset Management Inc. increased its holdings in shares of Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares in the last quarter. Rossby Financial LCC purchased a new position in shares of Vertiv during the fourth quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Vertiv during the fourth quarter valued at $29,000. 89.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on VRT shares. Royal Bank Of Canada upped their price target on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Glj Research raised shares of Vertiv from a “sell” rating to a “hold” rating in a report on Thursday, June 18th. Citigroup increased their price target on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Mizuho set a $380.00 price target on Vertiv in a report on Thursday, May 21st. Finally, Loop Capital initiated coverage on Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and a consensus price target of $326.39.

Vertiv Trading Up 2.8%

Shares of NYSE VRT opened at $325.15 on Friday. The business has a fifty day moving average price of $324.04 and a 200 day moving average price of $254.14. 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 Holdings Co. has a 1-year low of $110.06 and a 1-year high of $379.93. The stock has a market capitalization of $124.89 billion, a P/E ratio of 81.70, a price-to-earnings-growth ratio of 1.37 and a beta of 2.03.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $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. Equities research analysts expect that Vertiv Holdings Co. will post 6.36 EPS 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 paid a dividend of $0.0625 per share. 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

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.