Vertiv Holdings Co. $VRT Stock Holdings Increased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 402.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 75,842 shares of the company’s stock after purchasing an additional 60,760 shares during the period. Thrivent Financial for Lutherans’ holdings in Vertiv were worth $12,322,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Park Place Capital Corp boosted its position in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in Vertiv in the 4th quarter worth about $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Vertiv during the 3rd quarter worth about $30,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Vertiv during the 3rd quarter worth about $31,000. Finally, Bessemer Group Inc. acquired a new stake in shares of Vertiv during the 3rd quarter valued at about $36,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on VRT. Morgan Stanley boosted their target price on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. The Goldman Sachs Group raised their price target on shares of Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Mizuho lifted their price objective on shares of Vertiv from $198.00 to $290.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Barclays upped their price objective on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a report on Friday. Finally, TD Cowen raised their target price on Vertiv from $269.00 to $347.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Twenty-two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $314.45.

Vertiv Stock Down 8.3%

VRT opened at $340.31 on Tuesday. The business has a 50 day moving average of $295.46 and a 200-day moving average of $226.63. The stock has a market capitalization of $130.72 billion, a price-to-earnings ratio of 85.50, a P/E/G ratio of 1.59 and a beta of 2.09. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 1-year low of $101.00 and a 1-year high of $379.93.

Vertiv (NYSE:VRT) last issued its quarterly 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. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period 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. As a group, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.42 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.

Insider Activity at Vertiv

In related news, Director Jan Van Dokkum sold 38,647 shares of Vertiv stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $254.87, for a total transaction of $9,849,960.89. Following the completion of the transaction, the director directly owned 25,000 shares of the company’s stock, valued at $6,371,750. This trade represents a 60.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Steven Reinemund sold 65,000 shares of Vertiv stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $253.95, for a total transaction of $16,506,750.00. Following the completion of the transaction, the director owned 68,333 shares of the company’s stock, valued at $17,353,165.35. This trade represents a 48.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 489,761 shares of company stock valued at $123,356,815. Insiders own 1.10% of the company’s stock.

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.