Plato Investment Management Ltd purchased a new stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,740 shares of the company’s stock, valued at approximately $4,906,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Empowered Funds LLC grew its holdings in Vertiv by 25.9% in the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after buying an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Vertiv during the 2nd quarter worth $567,000. Cary Street Partners Financial LLC boosted its position in shares of Vertiv by 19.8% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after acquiring an additional 230 shares during the last quarter. Bank of Nova Scotia boosted its position in shares of Vertiv by 49.7% during the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after acquiring an additional 9,712 shares during the last quarter. Finally, Ossiam purchased a new stake in shares of Vertiv in the second quarter valued at about $50,000. Institutional investors and hedge funds own 89.92% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on VRT shares. Bank of America raised their price objective on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Glj Research raised shares of Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price target for the company in a research note on Friday, August 7th. Evercore set a $375.00 price target on shares of Vertiv in a report on Wednesday, July 29th. JPMorgan Chase & Co. lifted their price target on shares of Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Morgan Stanley increased their price objective on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $348.54.
Vertiv Trading Up 0.2%
NYSE VRT opened at $294.46 on Monday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The stock has a market capitalization of $113.36 billion, a P/E ratio of 66.62, a PEG ratio of 1.21 and a beta of 2.06. The firm’s 50-day moving average is $296.99 and its two-hundred day moving average is $284.74. Vertiv Holdings Co. has a 12 month low of $118.70 and a 12 month high of $379.93.
Vertiv (NYSE:VRT – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates 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 business earned $0.95 earnings per share. The business’s revenue for the quarter 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, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.
Vertiv Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is presently 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.
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