Meiji Yasuda Asset Management Co Ltd. Boosts Stock Holdings in Vertiv Holdings Co. $VRT

Meiji Yasuda Asset Management Co Ltd. raised its stake in Vertiv Holdings Co. (NYSE:VRT) by 50.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,937 shares of the company’s stock after purchasing an additional 10,713 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Vertiv were worth $10,693,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Empowered Funds LLC boosted its holdings in Vertiv by 25.9% in the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after acquiring an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Vertiv during the second quarter worth about $567,000. Cary Street Partners Financial LLC increased its stake in Vertiv by 19.8% during the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after acquiring an additional 230 shares during the last quarter. Bank of Nova Scotia raised its holdings in shares of Vertiv by 49.7% in the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after purchasing an additional 9,712 shares during the period. Finally, Ossiam purchased a new position in shares of Vertiv in the 2nd quarter worth about $50,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Stock Performance

Shares of NYSE:VRT opened at $262.36 on Monday. The company has a market cap of $101.01 billion, a P/E ratio of 59.36, a PEG ratio of 1.08 and a beta of 2.06. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. Vertiv Holdings Co. has a one year low of $118.70 and a one year high of $379.93. The business’s 50-day simple moving average is $294.65 and its 200 day simple moving average is $287.55.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations 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 previous year, the company posted $0.95 earnings per share. 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 forecast that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a $0.0625 dividend. The ex-dividend date 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 currently 5.66%.

Analyst Ratings Changes

A number of analysts have recently issued reports on VRT shares. Oppenheimer reiterated an “outperform” rating and set a $325.00 target price on shares of Vertiv in a report on Thursday, July 30th. Weiss Ratings lowered shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. Bank of America lifted their price target 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. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. Finally, Evercore set a $375.00 price objective on shares of Vertiv in a research report on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Vertiv currently has an average rating of “Buy” and a consensus target price of $357.83.

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.