Y.D. More Investments Ltd acquired a new stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,202 shares of the company’s stock, valued at approximately $3,308,000.
A number of other hedge funds have also made changes to their positions in the stock. State Street Corp raised its holdings in Vertiv by 2.8% during the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after purchasing an additional 235,577 shares in the last quarter. Geode Capital Management LLC boosted its stake in Vertiv by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after purchasing an additional 143,821 shares in the last quarter. Invesco Ltd. raised its stake in shares of Vertiv by 2.1% in the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after buying an additional 121,618 shares in the last quarter. Norges Bank acquired a new stake in shares of Vertiv in the fourth quarter valued at $808,701,000. Finally, Northern Trust Corp lifted its holdings in shares of Vertiv by 3.6% in the fourth quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock valued at $455,531,000 after buying an additional 97,141 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on VRT shares. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Royal Bank Of Canada raised their price objective on shares of Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Morgan Stanley lifted their price objective on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Finally, Roth Capital reiterated a “buy” rating and issued a $355.00 target price on shares of Vertiv in a report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $342.24.
Vertiv Trading Down 0.1%
NYSE:VRT opened at $318.66 on Monday. The stock has a fifty day simple moving average of $324.66 and a 200 day simple moving average of $265.45. The firm has a market capitalization of $122.40 billion, a price-to-earnings ratio of 80.07, a price-to-earnings-growth ratio of 1.38 and a beta of 2.03. Vertiv Holdings Co. has a 1-year low of $118.70 and a 1-year high of $379.93. 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 – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the previous year, the company earned $0.64 EPS. The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Sell-side analysts forecast that Vertiv Holdings Co. will post 6.38 earnings per share for the current year.
Vertiv Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s payout ratio is presently 6.28%.
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.
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