Broderick Brian C acquired a new stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,200 shares of the company’s stock, valued at approximately $1,554,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. KBC Group NV increased its holdings in Vertiv by 5.2% during the 1st quarter. KBC Group NV now owns 216,717 shares of the company’s stock worth $54,305,000 after purchasing an additional 10,615 shares during the period. SEB Asset Management AB acquired a new stake in Vertiv in the 1st quarter valued at about $32,917,000. Vision Retirement LLC boosted its stake in shares of Vertiv by 24.9% in the 1st quarter. Vision Retirement LLC now owns 511 shares of the company’s stock valued at $128,000 after buying an additional 102 shares during the period. Swiss National Bank boosted its stake in shares of Vertiv by 7.2% in the 1st quarter. Swiss National Bank now owns 1,065,900 shares of the company’s stock valued at $267,093,000 after buying an additional 71,700 shares during the period. Finally, World Equity Group Inc. grew its position in shares of Vertiv by 3.5% during the first quarter. World Equity Group Inc. now owns 2,842 shares of the company’s stock worth $712,000 after buying an additional 96 shares in the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Bank of America boosted their price target on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Weiss Ratings downgraded shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Oppenheimer increased their price objective on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Finally, Sanford C. Bernstein initiated coverage on shares of Vertiv in a report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and an average price target of $342.73.
Vertiv Price Performance
VRT stock opened at $288.79 on Monday. The business has a 50 day moving average price of $320.41 and a 200 day moving average price of $270.13. 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 stock has a market cap of $110.93 billion, a price-to-earnings ratio of 72.56, a PEG ratio of 1.25 and a beta of 2.03. Vertiv Holdings Co. has a fifty-two week low of $118.70 and a fifty-two week high of $379.93.
Vertiv (NYSE:VRT – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $2.63 billion. During the same period in the prior year, the firm posted $0.64 earnings per share. The firm’s revenue was up 30.1% on a year-over-year basis. 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 anticipate that Vertiv Holdings Co. will post 6.38 earnings per share for the current fiscal year.
Vertiv Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a $0.0625 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 6.28%.
Vertiv News Summary
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
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.
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