Connor Clark & Lunn Investment Management Ltd. Buys 136,869 Shares of Vertiv Holdings Co. $VRT

Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 39.9% during the second quarter, Holdings Channel reports. The firm owned 480,127 shares of the company’s stock after buying an additional 136,869 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Vertiv were worth $160,756,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Lingotto Investment Management LLP bought a new position in shares of Vertiv in the 4th quarter worth approximately $2,641,000. Norges Bank bought a new stake in shares of Vertiv during the fourth quarter valued at approximately $808,701,000. Sterling Investment Advisors Ltd. boosted its position in shares of Vertiv by 26.1% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock valued at $3,641,000 after purchasing an additional 4,645 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in Vertiv in the fourth quarter worth $2,197,000. Finally, WD Rutherford LLC grew its stake in Vertiv by 80.7% in the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after purchasing an additional 6,734 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Vertiv Stock Performance

Shares of VRT opened at $262.36 on Monday. The business has a 50-day simple moving average of $294.65 and a two-hundred day simple moving average of $287.55. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The stock 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.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the previous year, the company posted $0.95 EPS. The firm’s revenue was up 24.1% on a year-over-year basis. 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, analysts expect that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were paid a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is 5.66%.

Analysts Set New Price Targets

VRT has been the subject of several recent research reports. Bank of America raised their price objective on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Citigroup reduced their target price on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Glj Research upgraded shares of Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price target for the company in a research note on Friday, August 7th. TD Cowen lifted 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, Barclays boosted their price objective on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus 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.