Daiichi Life Insurance Co. Ltd. Has $11.26 Million Position in Vertiv Holdings Co. $VRT

Daiichi Life Insurance Co. Ltd. cut its holdings in Vertiv Holdings Co. (NYSE:VRT) by 8.4% during the second quarter, HoldingsChannel reports. The firm owned 33,627 shares of the company’s stock after selling 3,084 shares during the period. Daiichi Life Insurance Co. Ltd.’s holdings in Vertiv were worth $11,259,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Norges Bank acquired a new stake in Vertiv in the 4th quarter valued at approximately $808,701,000. Marshall Wace LLP lifted its holdings in shares of 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. Alkeon Capital Management LLC boosted its position in shares of 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 period. Ameriprise Financial Inc. boosted its position in shares of Vertiv by 49.5% in the second 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. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Vertiv in the third quarter worth $125,331,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

NYSE VRT opened at $262.36 on Friday. The firm has a market cap of $101.01 billion, a price-to-earnings ratio of 59.36, a PEG ratio of 1.08 and a beta of 2.06. The company has a 50 day moving average of $294.65 and a 200-day moving average of $286.87. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. Vertiv Holdings Co. has a 1-year low of $118.70 and a 1-year high of $379.93.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s revenue was up 24.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. On average, equities analysts forecast that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Wall Street Zen cut shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Roth Capital restated a “buy” rating and set a $355.00 price objective on shares of Vertiv in a report on Thursday, May 21st. Loop Capital assumed coverage on shares of Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective for the company. Finally, Evercore set a $375.00 target price on shares of Vertiv in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $357.83.

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.