Commerce Bank Has $16.69 Million Stake in Vertiv Holdings Co. $VRT

Commerce Bank raised its stake in Vertiv Holdings Co. (NYSE:VRT) by 10.5% during the second quarter, HoldingsChannel.com reports. The fund owned 49,852 shares of the company’s stock after acquiring an additional 4,725 shares during the quarter. Commerce Bank’s holdings in Vertiv were worth $16,691,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VRT. Vermillion & White Wealth Management Group LLC grew its holdings in shares of Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares during the last quarter. Sankala Group LLC bought a new position in Vertiv during the 4th quarter valued at about $27,000. Meeder Asset Management Inc. lifted its holdings in Vertiv by 211.3% during the 4th 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. Rossby Financial LCC acquired a new position in Vertiv in the fourth quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Vertiv in the fourth quarter valued at about $29,000. 89.92% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VRT. Loop Capital assumed coverage on shares of Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective for the company. Citigroup decreased their price target on Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Wall Street Zen cut Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Oppenheimer reiterated an “outperform” rating and issued a $325.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Finally, Glj Research raised Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price objective on the stock in a research note on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Vertiv has a consensus rating of “Buy” and a consensus target price of $357.83.

Vertiv Price Performance

Shares of VRT stock opened at $262.36 on Friday. Vertiv Holdings Co. has a 1 year low of $118.70 and a 1 year high of $379.93. The firm’s 50 day moving average is $294.65 and its 200-day moving average is $286.87. The firm has a market capitalization of $101.01 billion, a price-to-earnings ratio of 59.36, a PEG ratio of 1.08 and a beta of 2.06. 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 for the quarter, topping 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 firm had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the previous year, the company posted $0.95 EPS. Vertiv’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. Sell-side analysts forecast that Vertiv Holdings Co. will post 6.7 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a dividend 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.