USS Investment Management Ltd trimmed its holdings in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 7.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,527 shares of the company’s stock after selling 5,369 shares during the period. USS Investment Management Ltd’s holdings in Vertiv were worth $11,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of VRT. Empowered Funds LLC lifted its holdings in Vertiv by 25.9% during the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock worth $834,000 after buying an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Vertiv during the 2nd quarter worth about $567,000. Cary Street Partners Financial LLC lifted its holdings in Vertiv by 19.8% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after buying an additional 230 shares during the last quarter. Bank of Nova Scotia lifted its holdings in Vertiv by 49.7% during the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after buying an additional 9,712 shares during the last quarter. Finally, Ossiam purchased a new stake in Vertiv during the 2nd quarter worth about $50,000. 89.92% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
VRT has been the subject of a number of recent analyst reports. Evercore reaffirmed an “outperform” rating and set a $425.00 price target on shares of Vertiv in a report on Tuesday, May 12th. Oppenheimer boosted their target price on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Barclays boosted their target price on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. TD Cowen boosted their target price on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Finally, Sanford C. Bernstein began coverage on Vertiv in a report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 target price for the company. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $326.39.
Vertiv Stock Up 2.9%
Vertiv stock opened at $311.67 on Tuesday. Vertiv Holdings Co. has a fifty-two week low of $110.06 and a fifty-two week high of $379.93. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The company has a market capitalization of $119.71 billion, a P/E ratio of 78.31, a PEG ratio of 1.31 and a beta of 2.04. The stock has a 50-day simple moving average of $317.12 and a 200-day simple moving average of $245.94.
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.64 EPS. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Equities research analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.
Vertiv Dividend Announcement
The business 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. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s dividend payout ratio is 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.
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