Sumitomo Mitsui Financial Group Inc. Acquires New Shares in Vertiv Holdings Co. $VRT

Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of Vertiv Holdings Co. (NYSE:VRT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,960 shares of the company’s stock, valued at approximately $490,000.

Other institutional investors have also recently bought and sold shares of the company. Meeder Asset Management Inc. boosted its position in Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Vertiv during the fourth quarter valued at $29,000. Park Place Capital Corp boosted its position in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in Vertiv by 98.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Vertiv during the third quarter valued at $30,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Price Performance

Shares of NYSE:VRT opened at $297.80 on Friday. Vertiv Holdings Co. has a fifty-two week low of $108.81 and a fifty-two week high of $379.93. The business has a 50-day moving average of $315.26 and a two-hundred day moving average of $244.00. The stock has a market capitalization of $114.39 billion, a P/E ratio of 74.82, a P/E/G ratio of 1.22 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the previous year, the firm earned $0.64 EPS. The firm’s revenue was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, equities research analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s payout ratio is currently 6.28%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Jefferies Financial Group reissued a “hold” rating and set a $260.00 price objective (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Sanford C. Bernstein assumed coverage on Vertiv in a research report on Tuesday. They set an “outperform” rating and a $416.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Citigroup lifted their price objective on Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, Loop Capital began 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. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and an average target price of $326.39.

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.