Insight Holdings Group LLC bought a new position in Vertiv Holdings Co. (NYSE:VRT – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund bought 19,780 shares of the company’s stock, valued at approximately $3,205,000. Vertiv accounts for about 0.2% of Insight Holdings Group LLC’s investment portfolio, making the stock its 28th largest holding.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Hohimer Wealth Management LLC boosted its position in Vertiv by 0.8% in the fourth quarter. Hohimer Wealth Management LLC now owns 6,264 shares of the company’s stock worth $1,015,000 after purchasing an additional 48 shares during the last quarter. Waterfront Wealth Inc. boosted its position in Vertiv by 2.5% in the fourth quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock worth $365,000 after purchasing an additional 56 shares during the last quarter. Balance Wealth LLC boosted its position in Vertiv by 2.8% in the fourth quarter. Balance Wealth LLC now owns 2,089 shares of the company’s stock worth $338,000 after purchasing an additional 57 shares during the last quarter. Legacy Capital Group California Inc. boosted its position in Vertiv by 3.2% in the fourth quarter. Legacy Capital Group California Inc. now owns 1,859 shares of the company’s stock worth $301,000 after purchasing an additional 57 shares during the last quarter. Finally, Fairfield Financial Advisors LTD boosted its position in Vertiv by 2.3% in the fourth quarter. Fairfield Financial Advisors LTD now owns 2,564 shares of the company’s stock worth $415,000 after purchasing an additional 58 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. BNP Paribas Exane assumed coverage on Vertiv in a research report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price objective on the stock. Wall Street Zen raised Vertiv from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Mizuho set a $380.00 price objective on Vertiv in a research report on Thursday, May 21st. Roth Mkm reaffirmed a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Finally, Citigroup lifted their price objective on Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.
Vertiv Price Performance
Shares of Vertiv stock opened at $318.00 on Thursday. The stock has a market cap of $122.15 billion, a price-to-earnings ratio of 79.90, a price-to-earnings-growth ratio of 1.30 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The stock has a 50 day moving average price of $319.07 and a 200-day moving average price of $247.86. Vertiv Holdings Co. has a one year low of $110.06 and a one year high of $379.93.
Vertiv (NYSE:VRT – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 EPS. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Equities analysts expect that Vertiv Holdings Co. will post 6.36 EPS for the current year.
Vertiv Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a $0.0625 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is 6.28%.
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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