Northwestern Mutual Wealth Management Co. Has $38.19 Million Position in Vertiv Holdings Co. $VRT

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 34.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 114,072 shares of the company’s stock after acquiring an additional 29,403 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vertiv were worth $38,193,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Sachetta LLC raised its position in shares of Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after acquiring an additional 36 shares during the period. Cornerstone Planning Group LLC increased its stake in Vertiv by 60.5% in the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after purchasing an additional 49 shares in the last quarter. GoalVest Advisory LLC raised its holdings in Vertiv by 87.3% in the second quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock worth $50,000 after purchasing an additional 69 shares during the period. Vermillion & White Wealth Management Group LLC raised its holdings in Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares during the period. Finally, Center for Financial Planning Inc. boosted its position in shares of Vertiv by 554.2% during the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after purchasing an additional 133 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

VRT has been the topic of several research analyst reports. KeyCorp dropped their price objective on Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Robert W. Baird set a $320.00 target price on Vertiv in a research note on Thursday, July 30th. TD Cowen raised their price target on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Roth Capital reiterated a “buy” rating and set a $355.00 price objective on shares of Vertiv in a report on Thursday, May 21st. Finally, Evercore set a $375.00 target price on Vertiv in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $357.83.

Get Our Latest Stock Report on VRT

Vertiv Stock Down 0.9%

Vertiv stock opened at $256.48 on Wednesday. The company’s 50-day moving average is $285.51 and its 200-day moving average is $290.50. The firm has a market capitalization of $98.74 billion, a PE ratio of 58.03, a P/E/G ratio of 1.06 and a beta of 2.07. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. Vertiv Holdings Co. has a fifty-two week low of $118.70 and a fifty-two week high of $379.93.

Vertiv (NYSE:VRTGet Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion during 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 quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Sell-side analysts anticipate that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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