Pacer Advisors Inc. grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 9,587.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,566 shares of the company’s stock after acquiring an additional 16,395 shares during the period. Pacer Advisors Inc.’s holdings in Vertiv were worth $2,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. CreativeOne Wealth LLC lifted its holdings in Vertiv by 187.8% during the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock valued at $1,606,000 after purchasing an additional 6,947 shares in the last quarter. Lingotto Investment Management LLP purchased a new stake in shares of Vertiv in the fourth quarter worth $2,641,000. Norges Bank purchased a new stake in shares of Vertiv in the fourth quarter worth $808,701,000. Sterling Investment Advisors Ltd. increased its stake in shares of Vertiv by 26.1% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after purchasing an additional 4,645 shares in the last quarter. Finally, WD Rutherford LLC raised its position in shares of Vertiv by 80.7% during the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock valued at $2,443,000 after purchasing an additional 6,734 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research analysts recently weighed in on VRT shares. Weiss Ratings cut shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Oppenheimer raised their price target on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. HSBC initiated coverage on Vertiv in a research report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 price objective on the stock. Morgan Stanley upped their price objective on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Finally, Loop Capital initiated coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $326.39.
Vertiv Stock Performance
VRT opened at $318.38 on Wednesday. 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 market capitalization of $122.29 billion, a price-to-earnings ratio of 79.99, a PEG ratio of 1.55 and a beta of 2.03. The company has a fifty day moving average of $323.44 and a 200 day moving average of $252.25. Vertiv Holdings Co. has a fifty-two week low of $110.06 and a fifty-two week high of $379.93.
Vertiv (NYSE:VRT – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the previous year, the company earned $0.64 EPS. The business’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. As a group, sell-side analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.
Vertiv Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date 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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