Vise Technologies Inc. boosted its holdings in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 78.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,828 shares of the company’s stock after purchasing an additional 7,414 shares during the quarter. Vise Technologies Inc.’s holdings in Vertiv were worth $5,634,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Sachetta LLC raised its holdings in shares of Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after purchasing an additional 36 shares during the period. Cornerstone Planning Group LLC boosted its holdings in shares of Vertiv by 60.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after buying an additional 49 shares during the period. GoalVest Advisory LLC boosted its holdings in shares of Vertiv by 87.3% in the 2nd quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock valued at $50,000 after buying an additional 69 shares during the period. Vermillion & White Wealth Management Group LLC grew its position in shares of Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after buying an additional 56 shares during the last quarter. Finally, Center for Financial Planning Inc. grew its position in shares of Vertiv by 554.2% during the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock valued at $39,000 after buying an additional 133 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $368.00 price objective on shares of Vertiv in a research note on Friday, July 31st. Barclays upped 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. Mizuho set a $380.00 price target on Vertiv in a research report on Thursday, May 21st. Piper Sandler set a $375.00 price target on Vertiv in a research report on Wednesday, July 29th. Finally, TD Cowen raised 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. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Vertiv currently has an average rating of “Buy” and a consensus target price of $357.83.
Vertiv Stock Up 1.2%
VRT stock opened at $264.25 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. Vertiv Holdings Co. has a fifty-two week low of $118.70 and a fifty-two week high of $379.93. The firm’s 50-day simple moving average is $295.45 and its 200 day simple moving average is $287.04. The stock has a market cap of $101.73 billion, a PE ratio of 59.79, a price-to-earnings-growth ratio of 1.07 and a beta of 2.06.
Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same period last year, the firm posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, sell-side analysts predict that Vertiv Holdings Co. will post 6.7 EPS for the current year.
Vertiv Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s payout ratio is 5.66%.
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.
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