TIAA Trust National Association Has $13.70 Million Position in Vertiv Holdings Co. $VRT

TIAA Trust National Association reduced its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 4.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 84,544 shares of the company’s stock after selling 4,215 shares during the period. TIAA Trust National Association’s holdings in Vertiv were worth $13,697,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Vertiv by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock valued at $5,858,352,000 after acquiring an additional 826,281 shares in the last quarter. State Street Corp boosted its position in shares of Vertiv by 2.3% during the 3rd quarter. State Street Corp now owns 8,459,323 shares of the company’s stock valued at $1,276,173,000 after acquiring an additional 189,484 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Vertiv by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after acquiring an additional 143,821 shares in the last quarter. Norges Bank bought a new position in Vertiv during the 4th quarter valued at about $808,701,000. Finally, American Century Companies Inc. lifted its holdings in Vertiv by 16.7% during the 3rd quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock valued at $517,715,000 after purchasing an additional 491,349 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on VRT shares. Fox Advisors raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Morgan Stanley lifted their price target on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Royal Bank Of Canada lifted their price target on shares of Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Jefferies Financial Group reissued a “hold” rating and set a $260.00 price target (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. Finally, TD Cowen lifted their price target on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Trading Down 3.9%

Shares of NYSE VRT opened at $288.75 on Wednesday. Vertiv Holdings Co. has a 1-year low of $107.38 and a 1-year high of $379.93. The company has a market cap of $110.91 billion, a PE ratio of 72.55, a P/E/G ratio of 1.30 and a beta of 2.03. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average of $313.37 and a two-hundred day moving average of $242.17.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the previous year, the firm posted $0.64 earnings per share. The company’s revenue 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. As a group, equities analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be paid a $0.0625 dividend. The ex-dividend date of this dividend 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 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.