Westpac Banking Corp Buys 28,520 Shares of Vertiv Holdings Co. $VRT

Westpac Banking Corp increased its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 222.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,332 shares of the company’s stock after buying an additional 28,520 shares during the quarter. Westpac Banking Corp’s holdings in Vertiv were worth $6,235,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of VRT. Vanguard Group Inc. raised its holdings 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 valued at $5,858,352,000 after purchasing an additional 826,281 shares during the last quarter. State Street Corp increased its stake in Vertiv by 5.7% in the 2nd quarter. State Street Corp now owns 8,269,839 shares of the company’s stock valued at $1,061,930,000 after buying an additional 442,937 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Vertiv by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 6,686,778 shares of the company’s stock worth $856,082,000 after buying an additional 219,970 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Vertiv by 20.9% in the 2nd quarter. Invesco Ltd. now owns 5,931,488 shares of the company’s stock worth $761,662,000 after buying an additional 1,024,634 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Vertiv in the second quarter valued at approximately $538,132,000. 89.92% of the stock is currently owned by institutional investors.

Vertiv Stock Performance

Shares of VRT stock opened at $261.85 on Thursday. The firm’s 50 day moving average is $191.06 and its 200 day moving average is $170.12. The stock has a market capitalization of $100.18 billion, a P/E ratio of 76.79, a PEG ratio of 1.27 and a beta of 2.08. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $264.86. The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.73.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, February 11th. The company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.07. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. The business had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.89 billion. During the same quarter in the previous year, the firm posted $0.99 EPS. The business’s revenue for the quarter was up 22.7% compared to the same quarter last year. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. On average, sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. TD Cowen reiterated a “buy” rating on shares of Vertiv in a report on Thursday, February 12th. Royal Bank Of Canada increased their price target on shares of Vertiv from $200.00 to $266.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. Roth Mkm reaffirmed a “buy” rating and issued a $275.00 price objective on shares of Vertiv in a research report on Thursday, February 12th. Evercore reissued an “outperform” rating and set a $280.00 target price on shares of Vertiv in a research report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $281.00 price target on shares of Vertiv in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average target price of $230.28.

Vertiv Company 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.