Commerce Bank Has $16.69 Million Holdings in Vertiv Holdings Co. $VRT

Commerce Bank increased its position in Vertiv Holdings Co. (NYSE:VRT) by 10.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,852 shares of the company’s stock after acquiring an additional 4,725 shares during the quarter. Commerce Bank’s holdings in Vertiv were worth $16,691,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. State Street Corp grew its stake in shares of Vertiv by 2.8% in the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after acquiring an additional 235,577 shares during the last quarter. Geode Capital Management LLC increased its position in Vertiv by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after acquiring an additional 143,821 shares during the period. Invesco Ltd. raised its stake in Vertiv by 2.1% during the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock valued at $967,881,000 after purchasing an additional 121,618 shares during the last quarter. Norges Bank bought a new stake in Vertiv in the 4th quarter valued at $808,701,000. Finally, Northern Trust Corp boosted its holdings in Vertiv by 3.6% in the 4th quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock valued at $455,531,000 after purchasing an additional 97,141 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Trading Down 0.9%

Shares of Vertiv stock opened at $262.36 on Friday. The firm has a market capitalization of $101.01 billion, a PE ratio of 59.36, a price-to-earnings-growth ratio of 1.08 and a beta of 2.06. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The company’s fifty day moving average price is $294.65 and its two-hundred day moving average price is $286.87. Vertiv Holdings Co. has a 52-week low of $118.70 and a 52-week high of $379.93.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same period last year, the firm earned $0.95 EPS. The firm’s revenue for the quarter was up 24.1% compared to the same quarter last year. 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, analysts expect that Vertiv Holdings Co. will post 6.7 EPS 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 paid 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 yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Wall Street Analyst Weigh In

VRT has been the topic of several research reports. Weiss Ratings downgraded shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. Glj Research upgraded shares of Vertiv from a “hold” rating to a “buy” rating and set a $381.00 target price for the company in a research note on Friday, August 7th. Evercore set a $375.00 target price on Vertiv in a research report on Wednesday, July 29th. Sanford C. Bernstein restated an “outperform” rating and set a $368.00 price target on shares of Vertiv in a research note on Friday, July 31st. Finally, Mizuho set a $380.00 price target on Vertiv in a report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus 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.