First Growth Capital LLC acquired a new stake in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 73,086 shares of the company’s stock, valued at approximately $11,841,000. Vertiv comprises about 11.5% of First Growth Capital LLC’s investment portfolio, making the stock its biggest holding.
Several other institutional investors have also added to or reduced their stakes in the business. Axxcess Wealth Management LLC lifted its stake in shares of Vertiv by 44.2% during the 4th quarter. Axxcess Wealth Management LLC now owns 25,153 shares of the company’s stock valued at $4,075,000 after buying an additional 7,706 shares in the last quarter. Corient Private Wealth LLC grew its stake in Vertiv by 2,319.3% in the 4th quarter. Corient Private Wealth LLC now owns 783,958 shares of the company’s stock valued at $127,009,000 after buying an additional 751,553 shares in the last quarter. Alberta Investment Management Corp grew its stake in Vertiv by 238.7% in the 4th quarter. Alberta Investment Management Corp now owns 129,400 shares of the company’s stock valued at $20,964,000 after buying an additional 91,200 shares in the last quarter. Strive Financial Group LLC purchased a new position in Vertiv in the 4th quarter valued at approximately $87,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in Vertiv by 8.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 38,119 shares of the company’s stock valued at $6,176,000 after acquiring an additional 2,829 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Royal Bank Of Canada boosted their price objective on Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Bank of America increased their price objective on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Sanford C. Bernstein began coverage on Vertiv in a research note on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 target price for the company. Finally, Mizuho set a $380.00 target price on Vertiv in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $326.39.
Vertiv Trading Up 5.0%
Shares of VRT opened at $333.49 on Friday. The firm’s 50 day simple moving average is $320.50 and its 200 day simple moving average is $248.93. The company has a market capitalization of $128.10 billion, a P/E ratio of 83.79, a P/E/G ratio of 1.37 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. Vertiv Holdings Co. has a 1-year low of $110.06 and a 1-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 earnings per share (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 business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same period in the previous year, the business posted $0.64 earnings per share. Vertiv’s revenue for the quarter 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. Sell-side analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.
Vertiv Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s payout ratio is currently 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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