Whittier Trust Co. of Nevada Inc. Has $20.18 Million Stock Holdings in Vertiv Holdings Co. $VRT

Whittier Trust Co. of Nevada Inc. boosted its stake in Vertiv Holdings Co. (NYSE:VRT) by 3.4% in the first quarter, Holdings Channel reports. The institutional investor owned 77,994 shares of the company’s stock after acquiring an additional 2,561 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Vertiv were worth $20,180,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Whittier Trust Co. increased its stake in shares of Vertiv by 10.0% in the first quarter. Whittier Trust Co. now owns 156,256 shares of the company’s stock worth $40,428,000 after acquiring an additional 14,226 shares during the last quarter. Fortitude Advisory Group L.L.C. raised its holdings in shares of Vertiv by 70.5% during the first quarter. Fortitude Advisory Group L.L.C. now owns 6,302 shares of the company’s stock worth $1,579,000 after acquiring an additional 2,605 shares in the last quarter. Fortune 45 LLC purchased a new stake in shares of Vertiv during the first quarter worth $312,000. Ascentis Independent Advisors boosted its position in Vertiv by 51.6% during the first quarter. Ascentis Independent Advisors now owns 4,496 shares of the company’s stock valued at $1,127,000 after purchasing an additional 1,530 shares during the last quarter. Finally, Seascape Capital Management boosted its position in Vertiv by 0.5% during the first quarter. Seascape Capital Management now owns 29,778 shares of the company’s stock valued at $7,462,000 after purchasing an additional 146 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

VRT has been the topic of several research reports. Roth Mkm reaffirmed a “buy” rating and issued a $355.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Morgan Stanley raised their price target on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Weiss Ratings lowered Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Barclays boosted their price target on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Finally, Glj Research upgraded Vertiv from a “sell” rating to a “hold” rating in a report on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Trading Down 0.0%

Shares of NYSE:VRT opened at $300.49 on Monday. 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 stock has a market capitalization of $115.42 billion, a PE ratio of 75.50, a P/E/G ratio of 1.30 and a beta of 2.03. Vertiv Holdings Co. has a 1 year low of $110.06 and a 1 year high of $379.93. The firm has a fifty day moving average price of $324.54 and a 200 day moving average price of $259.86.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same period last year, the company earned $0.64 earnings per share. The business’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. Analysts expect that Vertiv Holdings Co. will post 6.37 EPS for the current fiscal year.

Vertiv Announces Dividend

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