Sumitomo Life Insurance Co. Grows Holdings in Vertiv Holdings Co. $VRT

Sumitomo Life Insurance Co. boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 12.7% during the third quarter, HoldingsChannel.com reports. The firm owned 65,536 shares of the company’s stock after purchasing an additional 7,400 shares during the period. Sumitomo Life Insurance Co.’s holdings in Vertiv were worth $9,887,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Howard Capital Management Inc. grew its stake in Vertiv by 3.0% in the 3rd quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock valued at $277,000 after acquiring an additional 54 shares during the period. Investors Asset Management of Georgia Inc. GA ADV lifted its holdings in Vertiv by 1.9% during the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 3,020 shares of the company’s stock valued at $456,000 after purchasing an additional 55 shares in the last quarter. JBR Co Financial Management Inc grew its position in shares of Vertiv by 0.8% in the third quarter. JBR Co Financial Management Inc now owns 7,825 shares of the company’s stock valued at $1,180,000 after purchasing an additional 65 shares during the period. Plancorp LLC increased its stake in shares of Vertiv by 1.3% during the third quarter. Plancorp LLC now owns 5,317 shares of the company’s stock worth $802,000 after purchasing an additional 67 shares in the last quarter. Finally, True Wealth Design LLC raised its position in shares of Vertiv by 54.0% during the 3rd quarter. True Wealth Design LLC now owns 194 shares of the company’s stock worth $29,000 after purchasing an additional 68 shares during the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on VRT shares. The Goldman Sachs Group boosted their price objective on Vertiv from $204.00 to $277.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Wolfe Research cut Vertiv from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, December 9th. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. decreased their target price on shares of Vertiv from $230.00 to $225.00 and set an “overweight” rating on the stock in a research note on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $281.00 price target on shares of Vertiv in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average price target of $230.28.

Vertiv Stock Up 3.4%

Shares of VRT opened at $261.85 on Thursday. The company’s 50-day moving average price is $191.06 and its 200 day moving average price is $170.12. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $264.86. The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.73. The firm has a market cap of $100.18 billion, a P/E ratio of 76.79, a price-to-earnings-growth ratio of 1.27 and a beta of 2.08.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, February 11th. The company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.07. The company had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.89 billion. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. Vertiv’s revenue was up 22.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.99 earnings per share. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. On average, sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

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.