Matrix Trust Co Invests $813,000 in Vertiv Holdings Co. $VRT

Matrix Trust Co bought a new stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 2,427 shares of the company’s stock, valued at approximately $813,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Empowered Funds LLC lifted its holdings in Vertiv by 25.9% during the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock worth $834,000 after acquiring an additional 2,377 shares during the period. Sivia Capital Partners LLC bought a new position in Vertiv in the 2nd quarter valued at $567,000. Cary Street Partners Financial LLC increased 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 purchasing an additional 230 shares during the last quarter. Bank of Nova Scotia increased 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 purchasing an additional 9,712 shares during the last quarter. Finally, Ossiam bought a new stake in shares of Vertiv during the 2nd quarter worth $50,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

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Vertiv Stock Up 0.1%

Shares of NYSE VRT opened at $272.71 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 $104.99 billion, a PE ratio of 61.70, a P/E/G ratio of 1.12 and a beta of 2.06. Vertiv Holdings Co. has a one year low of $118.70 and a one year high of $379.93. The business’s fifty day moving average price is $300.81 and its 200-day moving average price is $281.06.

Vertiv (NYSE:VRT – Get Free Report) last announced 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 return on equity of 50.47% and a net margin of 15.09%.The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the firm posted $0.95 EPS. The firm’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, equities research analysts anticipate that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.0625 per share. 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 dividend payout ratio (DPR) is currently 5.66%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on VRT shares. Loop Capital began coverage on shares of Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target on the stock. Piper Sandler set a $375.00 price objective on shares of Vertiv in a report on Wednesday, July 29th. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Sanford C. Bernstein reiterated an “outperform” rating and issued a $368.00 target price on shares of Vertiv in a research note on Friday, July 31st. Finally, Oppenheimer reissued an “outperform” rating and set a $325.00 target price on shares of Vertiv in a research report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $348.54.

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About Vertiv

(Free Report)

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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