Vertiv Holdings Co. $VRT Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 34.7% during the second quarter, HoldingsChannel reports. The institutional investor owned 114,072 shares of the company’s stock after purchasing 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.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank bought a new stake in shares of Vertiv during the 4th quarter valued at about $808,701,000. Marshall Wace LLP lifted its holdings in Vertiv by 265.6% in 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 lifted its holdings in Vertiv by 178.2% in 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. boosted its stake in 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 position in Vertiv in the third quarter valued at approximately $125,331,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Roth Capital reaffirmed a “buy” rating and set a $355.00 target price on shares of Vertiv in a report on Thursday, May 21st. Barclays boosted their price objective on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. Wall Street Zen lowered Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, Loop Capital initiated coverage on Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 target price on the stock. Three investment 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 stock has an average rating of “Buy” and a consensus price target of $357.83.

Vertiv Stock Performance

Shares of VRT opened at $262.36 on Friday. The firm has a market capitalization of $101.01 billion, a PE ratio of 59.36, a P/E/G ratio of 1.08 and a beta of 2.06. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average price of $294.65 and a 200 day moving average price of $286.87. Vertiv Holdings Co. has a 52-week low of $118.70 and a 52-week high of $379.93.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share 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 analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

Vertiv Company 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.