Vertiv Holdings Co. $VRT Stake Lowered by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd trimmed its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 13.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,934 shares of the company’s stock after selling 2,660 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Vertiv were worth $5,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VRT. Norges Bank bought a new position in Vertiv during the 4th quarter worth $808,701,000. Marshall Wace LLP grew its position 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 acquiring an additional 1,939,749 shares during the last quarter. Alkeon Capital Management LLC grew its position in shares of Vertiv by 178.2% during the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock worth $324,524,000 after acquiring an additional 1,283,110 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Vertiv by 49.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $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 3rd quarter worth about $125,331,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Stock Up 1.2%

VRT stock opened at $264.25 on Friday. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The company has a market capitalization of $101.73 billion, a price-to-earnings ratio of 59.79, a price-to-earnings-growth ratio of 1.07 and a beta of 2.06. The firm’s 50-day moving average is $295.45 and its two-hundred day moving average is $287.04. 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 (NYSE:VRT) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. During the same period last year, the firm posted $0.95 earnings per share. The business’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 forecast that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal 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 issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s payout ratio is presently 5.66%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on VRT. UBS Group reissued a “buy” rating and set a $370.00 target price on shares of Vertiv in a research note 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 on the stock in a research note on Friday, August 7th. Loop Capital assumed coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective for the company. Roth Capital reissued a “buy” rating and issued a $355.00 price objective on shares of Vertiv in a report on Thursday, May 21st. Finally, Weiss Ratings downgraded Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, August 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $357.83.

About Vertiv

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.