Vertiv Holdings Co. $VRT Shares Bought by Principal Financial Group Inc.

Posted by Geri Gentry on Jul 16th, 2026

Principal Financial Group Inc. grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 4,431.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 432,873 shares of the company’s stock after purchasing an additional 423,320 shares during the period. Principal Financial Group Inc.’s holdings in Vertiv were worth $108,469,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in VRT. State Street Corp raised its holdings in shares of Vertiv by 2.8% in the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after purchasing an additional 235,577 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Vertiv by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after buying an additional 143,821 shares in the last quarter. Invesco Ltd. boosted its holdings in Vertiv by 2.1% during the fourth quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after buying an additional 121,618 shares in the last quarter. Norges Bank acquired a new position in Vertiv in the fourth quarter worth approximately $808,701,000. Finally, Northern Trust Corp grew its position in Vertiv by 3.6% in the fourth quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock worth $455,531,000 after buying an additional 97,141 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

Shares of Vertiv stock opened at $305.16 on Thursday. The stock has a market cap of $117.21 billion, a PE ratio of 76.67, a price-to-earnings-growth ratio of 1.31 and a beta of 2.03. The business has a fifty day simple moving average of $322.36 and a 200-day simple moving average of $268.37. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 12 month low of $118.70 and a 12 month high of $379.93.

Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly 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. The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.Vertiv’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 earnings per share. 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, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.38 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s payout ratio is 6.28%.

Wall Street Analyst Weigh In

VRT has been the subject of several research reports. TD Cowen raised their price objective on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. 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 on the stock. Weiss Ratings downgraded Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Glj Research upgraded Vertiv from a “sell” rating to a “hold” rating in a research report on Thursday, June 18th. Finally, Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $343.50.

Read Our Latest Research Report on VRT

About Vertiv

(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.