Nuveen LLC Lowers Holdings in Vertiv Holdings Co. $VRT

Nuveen LLC decreased its stake in Vertiv Holdings Co. (NYSE:VRT) by 12.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,815,043 shares of the company’s stock after selling 560,136 shares during the quarter. Nuveen LLC’s holdings in Vertiv were worth $618,075,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Xponance LLC raised its holdings in Vertiv by 2.5% in the 4th quarter. Xponance LLC now owns 81,825 shares of the company’s stock worth $13,256,000 after purchasing an additional 1,996 shares during the period. UniSuper Management Pty Ltd raised its holdings in Vertiv by 1,509.0% in the 4th quarter. UniSuper Management Pty Ltd now owns 98,151 shares of the company’s stock worth $15,901,000 after purchasing an additional 92,051 shares during the period. CSM Advisors LLC raised its holdings in Vertiv by 21.9% in the 4th quarter. CSM Advisors LLC now owns 6,091 shares of the company’s stock worth $982,000 after purchasing an additional 1,095 shares during the period. Meeder Asset Management Inc. raised its holdings in Vertiv by 211.3% in 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. Finally, Empowered Funds LLC raised its holdings in Vertiv by 8.7% in the 4th quarter. Empowered Funds LLC now owns 71,095 shares of the company’s stock worth $11,518,000 after purchasing an additional 5,689 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on VRT shares. Weiss Ratings cut Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Citigroup upped their price target on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Mizuho set a $380.00 price target on Vertiv in a report on Thursday, May 21st. TD Cowen upped their price target on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $355.00 price target on shares of Vertiv in a report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Price Performance

Shares of Vertiv stock opened at $297.80 on Friday. The business has a 50 day simple moving average of $315.26 and a two-hundred day simple moving average of $244.00. Vertiv Holdings Co. has a 12 month low of $108.81 and a 12 month high of $379.93. The stock has a market capitalization of $114.39 billion, a P/E ratio of 74.82, a PEG ratio of 1.22 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the prior year, the firm 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. As a group, analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is 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 is presently 6.28%.

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.