Evergreen Quality Fund GP Ltd. Acquires Shares of 99,400 Vertiv Holdings Co. $VRT

Evergreen Quality Fund GP Ltd. bought a new position in shares of Vertiv Holdings Co. (NYSE:VRT) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 99,400 shares of the company’s stock, valued at approximately $16,104,000. Vertiv accounts for 0.3% of Evergreen Quality Fund GP Ltd.’s investment portfolio, making the stock its 28th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Meeder Asset Management Inc. grew 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 buying an additional 112 shares during the period. Rossby Financial LCC bought a new position in shares of Vertiv during the 4th quarter valued at approximately $27,000. Park Place Capital Corp raised its holdings in shares of 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 purchasing an additional 156 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in Vertiv in the fourth quarter valued at approximately $29,000. Finally, Cullen Frost Bankers Inc. lifted its stake in Vertiv by 98.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on VRT shares. HSBC started coverage on Vertiv in a research report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 target price for the company. Barclays increased their price target on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. TD Cowen boosted their price objective on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Finally, Loop Capital assumed coverage on shares of Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and a consensus target price of $326.39.

Vertiv Stock Up 6.1%

VRT stock opened at $318.00 on Thursday. The stock has a 50-day simple moving average of $319.07 and a two-hundred day simple moving average of $247.86. Vertiv Holdings Co. has a twelve month low of $110.06 and a twelve month high of $379.93. The firm has a market capitalization of $122.15 billion, a PE ratio of 79.90, a PEG ratio of 1.30 and a beta of 2.03. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the prior year, the firm posted $0.64 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.

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.