89,113 Shares in Vertiv Holdings Co. $VRT Acquired by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Vertiv Holdings Co. (NYSE:VRTFree Report) during the first quarter, Holdings Channel.com reports. The firm bought 89,113 shares of the company’s stock, valued at approximately $22,330,000.

Several other large investors have also modified their holdings of the business. Norges Bank acquired a new stake in shares of Vertiv during the 4th quarter worth about $808,701,000. Marshall Wace LLP lifted its position in Vertiv by 265.6% in the fourth quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock valued at $432,568,000 after buying an additional 1,939,749 shares during the last quarter. Alkeon Capital Management LLC boosted its stake in Vertiv by 178.2% during the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock worth $324,524,000 after buying an additional 1,283,110 shares during the period. Ameriprise Financial Inc. boosted its stake in Vertiv by 49.5% during the second quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after buying an additional 930,158 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Vertiv during the third quarter valued at about $125,331,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Down 0.1%

Vertiv stock opened at $318.66 on Monday. The firm has a market capitalization of $122.40 billion, a P/E ratio of 80.07, a P/E/G ratio of 1.38 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. Vertiv Holdings Co. has a twelve month low of $118.70 and a twelve month high of $379.93. The stock’s fifty day simple moving average is $324.66 and its 200-day simple moving average is $265.45.

Vertiv (NYSE:VRTGet Free Report) last released its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same period last year, the business posted $0.64 earnings per share. Vertiv’s 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, equities analysts expect that Vertiv Holdings Co. will post 6.38 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.

Analyst Ratings Changes

VRT has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a “hold” rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. Glj Research raised shares of Vertiv from a “sell” rating to a “hold” rating in a research report on Thursday, June 18th. Oppenheimer lifted their target price on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Morgan Stanley boosted their target price on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Finally, Weiss Ratings cut Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $342.24.

Read Our Latest Analysis on VRT

Vertiv Profile

(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.

See Also

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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