Fifth Third Wealth Advisors LLC Acquires 3,320 Shares of Vertiv Holdings Co. $VRT

Fifth Third Wealth Advisors LLC raised its holdings in Vertiv Holdings Co. (NYSE:VRT) by 139.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,695 shares of the company’s stock after acquiring an additional 3,320 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Vertiv were worth $1,427,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC increased its position 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. Meeder Asset Management Inc. lifted its position 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 bought a new stake in Vertiv during the fourth quarter valued at approximately $27,000. Sankala Group LLC purchased a new position in Vertiv in the 4th quarter worth approximately $27,000. Finally, Park Place Capital Corp grew its stake in Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after buying an additional 156 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Vertiv Trading Up 2.8%

Shares of VRT opened at $325.15 on Friday. Vertiv Holdings Co. has a fifty-two week low of $110.06 and a fifty-two week high of $379.93. The firm has a market cap of $124.89 billion, a price-to-earnings ratio of 81.70, a PEG ratio of 1.37 and a beta of 2.03. The firm has a 50 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 quick ratio of 1.15 and a current ratio of 1.49.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm’s revenue was up 30.1% compared to the same quarter last year. During the same quarter last year, the company 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. As a group, equities research analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Jefferies Financial Group restated a “hold” rating and set a $260.00 price objective (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Mizuho set a $380.00 target price on shares of Vertiv in a research report on Thursday, May 21st. TD Cowen increased their target price on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Royal Bank Of Canada raised their price target on Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, Wall Street Zen lowered Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.

Vertiv Company 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.