LGT Fund Management Co Ltd. Raises Holdings in Vertiv Holdings Co. $VRT

LGT Fund Management Co Ltd. increased its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 394.0% in the 1st quarter, HoldingsChannel reports. The firm owned 36,794 shares of the company’s stock after buying an additional 29,346 shares during the quarter. LGT Fund Management Co Ltd.’s holdings in Vertiv were worth $9,220,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sachetta LLC raised its holdings in shares of Vertiv by 41.4% in the first quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after acquiring an additional 36 shares during the last quarter. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after acquiring an additional 56 shares during the last quarter. Sankala Group LLC purchased a new stake in Vertiv during the 4th quarter worth about $27,000. Meeder Asset Management Inc. increased its position in Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares in the last quarter. Finally, Rossby Financial LCC acquired a new position in Vertiv in the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Trading Down 1.6%

NYSE VRT traded down $5.26 during trading hours on Friday, hitting $318.66. 2,998,133 shares of the company’s stock were exchanged, compared to its average volume of 6,385,232. The business’s 50 day moving average is $324.66 and its 200-day moving average is $264.75. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. Vertiv Holdings Co. has a 12-month low of $118.70 and a 12-month high of $379.93. The firm has a market capitalization of $122.40 billion, a P/E ratio of 80.07, a price-to-earnings-growth ratio of 1.38 and a beta of 2.03.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating 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 company 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 business earned $0.64 EPS. The firm’s revenue was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, analysts anticipate that Vertiv Holdings Co. will post 6.38 EPS for the current fiscal year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s payout ratio is presently 6.28%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Morgan Stanley upped their target price on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Oppenheimer lifted their price target on shares of Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Bank of America boosted their price objective on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Wall Street Zen downgraded shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Finally, Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $342.24.

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.