Quantitative Investment Management LLC Takes Position in Vertiv Holdings Co. $VRT

Quantitative Investment Management LLC purchased a new position in shares of Vertiv Holdings Co. (NYSE:VRT) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,095 shares of the company’s stock, valued at approximately $1,371,000.

Several other institutional investors have also bought and sold shares of the stock. Norges Bank purchased a new position in shares of Vertiv in the 4th quarter worth about $808,701,000. Marshall Wace LLP increased its holdings in Vertiv by 265.6% during the fourth quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock worth $432,568,000 after buying an additional 1,939,749 shares during the last quarter. Jupiter Topco LLC bought a new stake in Vertiv in the second quarter worth about $441,083,000. Alkeon Capital Management LLC boosted its stake in Vertiv by 178.2% in the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock valued at $324,524,000 after acquiring an additional 1,283,110 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Vertiv by 49.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock valued at $361,033,000 after acquiring an additional 930,158 shares during the period. Institutional investors own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Robert W. Baird set a $320.00 price target on shares of Vertiv in a research note on Thursday, July 30th. Evercore set a $375.00 price objective on Vertiv in a research note on Wednesday, July 29th. Glj Research raised Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price objective for the company in a report on Friday, August 7th. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Finally, Citigroup lowered their target price on Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $357.83.

Vertiv Price Performance

VRT opened at $258.48 on Tuesday. The company has a market capitalization of $99.51 billion, a price-to-earnings ratio of 58.48, a PEG ratio of 1.06 and a beta of 2.06. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average price of $286.74 and a 200-day moving average price of $290.44. Vertiv Holdings Co. has a twelve month low of $118.70 and a twelve month high of $379.93.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities analysts expect that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. 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 presently 5.66%.

Vertiv 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.