Lord Abbett & CO. LLC Boosts Stock Position in Vertiv Holdings Co. $VRT

Lord Abbett & CO. LLC grew its holdings in Vertiv Holdings Co. (NYSE:VRT) by 289.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 535,845 shares of the company’s stock after buying an additional 398,313 shares during the quarter. Lord Abbett & CO. LLC owned 0.14% of Vertiv worth $86,812,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VRT. Norges Bank acquired a new stake in shares of Vertiv in the fourth quarter worth approximately $808,701,000. Schroder Investment Management Group boosted its stake in shares of Vertiv by 148.0% in the third quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock worth $275,885,000 after acquiring an additional 1,091,210 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Vertiv by 49.5% in the second quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after acquiring an additional 930,158 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of Vertiv in the third quarter worth approximately $125,331,000. Finally, Vanguard Group Inc. boosted its stake in shares of Vertiv by 2.2% in the third quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock worth $5,858,352,000 after acquiring an additional 826,281 shares during the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VRT shares. Sanford C. Bernstein started coverage on Vertiv in a research note on Tuesday. They issued an “outperform” rating and a $416.00 price target on the stock. Oppenheimer lifted their price target on Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Bank of America lifted their price target on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Citigroup lifted their price target on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Wall Street Zen raised Vertiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Stock Performance

Shares of Vertiv stock opened at $302.47 on Friday. Vertiv Holdings Co. has a one year low of $110.06 and a one year high of $379.93. The company has a market cap of $116.18 billion, a price-to-earnings ratio of 76.00, a PEG ratio of 1.29 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The business’s 50 day moving average price is $316.12 and its 200 day moving average price is $244.41.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter last year, the business posted $0.64 earnings per share. The firm’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. On average, research analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

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

Vertiv 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.