PensionDanmark Pensionsforsikringsaktieselskab raised its position in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 8.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 66,924 shares of the company’s stock after purchasing an additional 5,400 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Vertiv were worth $22,407,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Sachetta LLC grew its holdings in shares of Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares in the last quarter. Cornerstone Planning Group LLC lifted its stake in Vertiv by 60.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock worth $33,000 after acquiring an additional 49 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its stake in Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares in the last quarter. Center for Financial Planning Inc. boosted its position in Vertiv by 554.2% during the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after acquiring an additional 133 shares during the period. Finally, Ravenstone Capital Management Inc. acquired a new stake in Vertiv during the 1st quarter worth about $40,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on VRT. Bank of America upped their target price on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a report on Friday, May 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vertiv in a research report on Tuesday, July 21st. Glj Research upgraded shares of Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Loop Capital started coverage on shares of Vertiv in a research note on Thursday, May 14th. They set a “buy” rating and a $500.00 target price for the company. Finally, Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $337.33.
Vertiv Trading Down 1.0%
Shares of NYSE VRT opened at $275.29 on Friday. The business has a 50 day simple moving average of $301.67 and a 200 day simple moving average of $280.38. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The stock has a market cap of $105.74 billion, a price-to-earnings ratio of 62.28, a PEG ratio of 1.14 and a beta of 2.06. 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 (NYSE:VRT – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, research analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.
Vertiv Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.
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.
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