Parallel Advisors LLC raised its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 70.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 8,101 shares of the company’s stock after purchasing an additional 3,359 shares during the quarter. Parallel Advisors LLC’s holdings in Vertiv were worth $1,313,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. CreativeOne Wealth LLC increased its holdings in shares of Vertiv by 187.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock worth $1,606,000 after buying an additional 6,947 shares during the last quarter. Plato Investment Management Ltd increased its holdings in shares of Vertiv by 272.7% in the 3rd quarter. Plato Investment Management Ltd now owns 8,825 shares of the company’s stock worth $1,321,000 after buying an additional 6,457 shares during the last quarter. Lingotto Investment Management LLP bought a new position in shares of Vertiv in the 4th quarter worth $2,641,000. Norges Bank bought a new position in shares of Vertiv in the 4th quarter worth $808,701,000. Finally, WD Rutherford LLC increased its holdings in shares of 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 Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. Loop Capital assumed 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. Barclays increased their price target on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Royal Bank Of Canada increased their price target on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. TD Cowen increased their target price on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Finally, Oppenheimer increased their target price on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $322.32.
Vertiv Price Performance
VRT stock opened at $300.44 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. Vertiv Holdings Co. has a 52 week low of $107.38 and a 52 week high of $379.93. The firm’s fifty day moving average is $311.65 and its 200 day moving average is $240.39. The firm has a market cap of $115.40 billion, a P/E ratio of 75.49, a P/E/G ratio of 1.30 and a beta of 2.04.
Vertiv (NYSE:VRT – Get Free Report) last released its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter last year, the firm earned $0.64 EPS. The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.
Vertiv Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 6.28%.
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.
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