Maxi Investments CY Ltd Invests $1.81 Million in Vertiv Holdings Co. $VRT

Maxi Investments CY Ltd purchased a new position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,400 shares of the company’s stock, valued at approximately $1,808,000.

A number of other large investors also recently modified their holdings of the company. Empowered Funds LLC boosted its holdings in shares of Vertiv by 25.9% during the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after acquiring an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Vertiv in the 2nd quarter worth about $567,000. Cary Street Partners Financial LLC raised its position in Vertiv by 19.8% in the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after purchasing an additional 230 shares during the last quarter. Bank of Nova Scotia boosted its stake in shares of Vertiv by 49.7% during the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after purchasing an additional 9,712 shares in the last quarter. Finally, Ossiam acquired a new stake in Vertiv during the 2nd quarter worth approximately $50,000. 89.92% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VRT. Loop Capital initiated coverage on shares of Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 target price on the stock. Mizuho set a $380.00 price target on shares of Vertiv in a research note on Thursday, May 21st. Wall Street Zen cut shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Oppenheimer reissued an “outperform” rating and issued a $325.00 price objective on shares of Vertiv in a research note on Thursday, July 30th. Finally, Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $357.83.

View Our Latest Stock Report on VRT

Vertiv Trading Up 0.2%

NYSE:VRT opened at $262.36 on Monday. The firm’s fifty day moving average is $294.65 and its 200-day moving average is $287.55. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The firm has a market cap of $101.01 billion, a P/E ratio of 59.36, a P/E/G ratio of 1.08 and a beta of 2.06.

Vertiv (NYSE:VRTGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the prior year, the company posted $0.95 earnings per share. Vertiv’s revenue for the quarter was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Vertiv Company 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.

Further Reading

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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