Vertiv Holdings Co. $VRT Shares Sold by Korea Investment CORP

Korea Investment CORP decreased its stake in Vertiv Holdings Co. (NYSE:VRT) by 30.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 339,320 shares of the company’s stock after selling 145,969 shares during the quarter. Korea Investment CORP’s holdings in Vertiv were worth $113,611,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC lifted its holdings in Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after acquiring an additional 56 shares during the period. Sankala Group LLC acquired a new stake in shares of Vertiv during the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. grew its stake in shares of Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares during the period. Rossby Financial LCC purchased a new position in shares of Vertiv during the 4th quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Vertiv during the 4th quarter valued at approximately $29,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Vertiv Price Performance

Vertiv stock opened at $262.36 on Friday. The company’s 50 day simple moving average is $294.65 and its 200-day simple moving average is $286.87. 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 1 year low of $118.70 and a 1 year high of $379.93. The company has a market capitalization of $101.01 billion, a price-to-earnings ratio of 59.36, a price-to-earnings-growth ratio of 1.09 and a beta of 2.06.

Vertiv (NYSE:VRT) last posted its earnings results 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. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter last year, the firm earned $0.95 EPS. The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, equities research analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on VRT shares. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. Wall Street Zen lowered Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. increased their price objective on shares of Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Oppenheimer reissued an “outperform” rating and set a $325.00 target price on shares of Vertiv in a research note on Thursday, July 30th. Finally, Weiss Ratings downgraded Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $357.83.

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.