Proficio Capital Partners LLC bought a new position in Vertiv Holdings Co. (NYSE:VRT – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,039 shares of the company’s stock, valued at approximately $683,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lingotto Investment Management LLP purchased a new position in shares of Vertiv in the fourth quarter worth $2,641,000. Norges Bank purchased a new stake in shares of Vertiv during the fourth quarter valued at $808,701,000. Sterling Investment Advisors Ltd. increased its holdings in Vertiv by 26.1% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after buying an additional 4,645 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in Vertiv in the 4th quarter worth about $2,197,000. Finally, WD Rutherford LLC raised its position in Vertiv by 80.7% in the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after buying an additional 6,734 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have issued reports on the stock. Loop Capital initiated coverage on shares of Vertiv in a research note on Thursday, May 14th. They set a “buy” rating and a $500.00 target price on the stock. Piper Sandler set a $375.00 price target on shares of Vertiv in a research note on Wednesday, July 29th. Citigroup lowered their price objective on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Finally, Bank of America lifted their target price 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. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $357.83.
Vertiv Trading Down 0.9%
Vertiv stock opened at $256.48 on Wednesday. The business has a 50-day simple moving average of $285.51 and a two-hundred day simple moving average of $290.50. The company has a market cap of $98.74 billion, a P/E ratio of 58.03, a P/E/G ratio of 1.06 and a beta of 2.07. Vertiv Holdings Co. has a 52-week low of $118.70 and a 52-week high of $379.93. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.
Vertiv (NYSE:VRT – Get Free Report) last issued 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. The firm 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 quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Analysts predict that Vertiv Holdings Co. will post 6.7 EPS for the current year.
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.
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