Thornburg Investment Management Inc. Has $21.65 Million Stock Position in Vertiv Holdings Co. $VRT

Thornburg Investment Management Inc. lowered its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 6.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 133,658 shares of the company’s stock after selling 8,672 shares during the period. Thornburg Investment Management Inc.’s holdings in Vertiv were worth $21,654,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Vertiv by 4.2% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 41,455 shares of the company’s stock worth $6,716,000 after buying an additional 1,664 shares in the last quarter. Venture Visionary Partners LLC grew its position in Vertiv by 10.5% during the 4th quarter. Venture Visionary Partners LLC now owns 76,560 shares of the company’s stock worth $12,404,000 after acquiring an additional 7,291 shares during the last quarter. Sargent Investment Group LLC grew its position in Vertiv by 0.3% during the 4th quarter. Sargent Investment Group LLC now owns 25,205 shares of the company’s stock worth $4,083,000 after acquiring an additional 82 shares during the last quarter. MML Investors Services LLC grew its position in Vertiv by 30.3% during the 4th quarter. MML Investors Services LLC now owns 88,339 shares of the company’s stock worth $14,312,000 after acquiring an additional 20,554 shares during the last quarter. Finally, Mariner LLC grew its position in Vertiv by 11.3% during the 4th quarter. Mariner LLC now owns 149,394 shares of the company’s stock worth $24,220,000 after acquiring an additional 15,169 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VRT. Barclays boosted their price objective on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Bank of America boosted their price objective on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Loop Capital initiated coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective on the stock. TD Cowen upped their price target on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. upped their price target on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.

Vertiv Stock Down 0.1%

VRT stock opened at $302.47 on Monday. The stock’s 50 day simple moving average is $316.12 and its 200 day simple moving average is $244.94. The company has a market cap of $116.18 billion, a P/E ratio of 76.00, a price-to-earnings-growth ratio of 1.31 and a beta of 2.04. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. Vertiv Holdings Co. has a fifty-two week low of $110.06 and a fifty-two week high of $379.93.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, research analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a $0.0625 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 6.28%.

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.