Harbour Investments Inc. raised its position in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 38.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,311 shares of the company’s stock after acquiring an additional 1,757 shares during the period. Harbour Investments Inc.’s holdings in Vertiv were worth $1,022,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the company. CreativeOne Wealth LLC lifted its stake in shares of Vertiv by 187.8% in the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock valued at $1,606,000 after buying an additional 6,947 shares during the period. Plato Investment Management Ltd lifted its stake in shares of Vertiv by 272.7% in the third quarter. Plato Investment Management Ltd now owns 8,825 shares of the company’s stock valued at $1,321,000 after buying an additional 6,457 shares during the period. WD Rutherford LLC lifted its stake in shares of Vertiv by 80.7% in the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock valued at $2,443,000 after buying an additional 6,734 shares during the period. KBC Group NV lifted its stake in shares of Vertiv by 191.1% in the fourth quarter. KBC Group NV now owns 206,102 shares of the company’s stock valued at $33,391,000 after buying an additional 135,313 shares during the period. Finally, Impax Asset Management Group plc lifted its stake in shares of Vertiv by 94.4% in the third quarter. Impax Asset Management Group plc now owns 918,200 shares of the company’s stock valued at $138,520,000 after buying an additional 445,785 shares during the period. 89.92% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the stock. Jefferies Financial Group reiterated a “hold” rating and issued a $260.00 target price (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. TD Cowen increased their target price on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Morgan Stanley increased their target price on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada increased their price target on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, The Goldman Sachs Group lifted their price objective on Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $322.32.
Vertiv Stock Up 0.6%
NYSE VRT opened at $316.01 on Friday. The company has a market capitalization of $121.38 billion, a price-to-earnings ratio of 79.40, a PEG ratio of 1.36 and a beta of 2.09. The stock’s 50 day moving average is $305.93 and its two-hundred day moving average is $234.69. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 1-year low of $104.71 and a 1-year high of $379.93.
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the business posted $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. Equities analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.
Vertiv Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.
Insider Buying and Selling at Vertiv
In other news, Director Edward L. Monser sold 77,294 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the completion of the sale, the director owned 16,500 shares of the company’s stock, valued at approximately $4,050,585. This trade represents a 82.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.10% of the company’s stock.
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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