DNB Asset Management AS Acquires 6,693 Shares of Vertiv Holdings Co. $VRT

Posted by Brian Himes on May 17th, 2026

DNB Asset Management AS lifted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 5.8% during the 4th quarter, Holdings Channel reports. The firm owned 121,257 shares of the company’s stock after purchasing an additional 6,693 shares during the period. DNB Asset Management AS’s holdings in Vertiv were worth $19,645,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Vertiv by 2.2% during the third quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock worth $5,858,352,000 after purchasing an additional 826,281 shares during the period. State Street Corp boosted its position in shares of Vertiv by 2.3% during the 3rd quarter. State Street Corp now owns 8,459,323 shares of the company’s stock worth $1,276,173,000 after acquiring an additional 189,484 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Vertiv by 16.7% during the 3rd quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock worth $517,715,000 after acquiring an additional 491,349 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Vertiv by 49.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after acquiring an additional 930,158 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Vertiv by 1.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,143,067 shares of the company’s stock worth $323,303,000 after acquiring an additional 33,012 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. HSBC assumed coverage on shares of Vertiv in a research report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price target on the stock. The Goldman Sachs Group increased their price target on shares of Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Zacks Research lowered shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. BNP Paribas Exane assumed coverage on shares of Vertiv in a research report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Finally, Bank of America increased their price target on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday. Twenty-two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $314.45.

Read Our Latest Stock Analysis on Vertiv

Key Stories Impacting Vertiv

Here are the key news stories impacting Vertiv this week:

Positive Sentiment: Bank of America raised its price target on Vertiv to $440 from $370 and kept a buy rating, reinforcing the view that the stock still has meaningful upside. Benzinga
Positive Sentiment: Royal Bank of Canada also increased its target to $435 from $356 and reiterated outperform, adding to the wave of bullish analyst calls after Vertiv’s strong AI-infrastructure positioning. The Fly
Positive Sentiment: Multiple recent articles highlight Vertiv as a key winner in AI data-center buildouts, including liquid cooling, high-density thermal management, and power infrastructure, which are all core growth areas for the company.
Positive Sentiment: Vertiv’s acquisition of Strategic Thermal Labs and its partnership work tied to AI campus projects support its long-term growth story by expanding its cooling and thermal capabilities.

Vertiv Stock Performance

Shares of Vertiv stock opened at $371.05 on Friday. Vertiv Holdings Co. has a fifty-two week low of $101.00 and a fifty-two week high of $379.93. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The firm has a market capitalization of $142.52 billion, a P/E ratio of 93.23, a P/E/G ratio of 1.59 and a beta of 2.09. The company’s 50 day moving average price is $293.64 and its two-hundred day moving average price is $225.34.

Vertiv (NYSE:VRT – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter last year, the business posted $0.64 earnings per share. The company’s quarterly revenue was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, equities analysts forecast that Vertiv Holdings Co. will post 6.42 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were given a $0.0625 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Insider Transactions at Vertiv

In other news, Director Edward L. Monser sold 77,294 shares of Vertiv stock in a transaction on Friday, March 6th. The shares were sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the transaction, the director owned 16,500 shares in the company, valued at approximately $4,050,585. The trade was a 82.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Anders Karlborg sold 30,487 shares of Vertiv stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $246.92, for a total transaction of $7,527,850.04. Following the transaction, the executive vice president owned 34,746 shares in the company, valued at approximately $8,579,482.32. This trade represents a 46.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 489,761 shares of company stock valued at $123,356,815. Corporate insiders own 1.10% of the company’s stock.

Vertiv Profile

(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.