Panagora Asset Management Inc. Has $81.06 Million Position in Vertiv Holdings Co. $VRT

Panagora Asset Management Inc. lowered its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 11.0% during the fourth quarter, Holdings Channel reports. The firm owned 500,366 shares of the company’s stock after selling 61,627 shares during the period. Panagora Asset Management Inc.’s holdings in Vertiv were worth $81,064,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Sargent Investment Group LLC raised its holdings in shares of Vertiv by 0.3% during the 4th quarter. Sargent Investment Group LLC now owns 25,205 shares of the company’s stock valued at $4,083,000 after purchasing an additional 82 shares in the last quarter. MML Investors Services LLC raised its holdings in Vertiv by 30.3% in 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 period. Mariner LLC raised its holdings in Vertiv by 11.3% in 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 period. Focus Partners Wealth raised its holdings in Vertiv by 7.5% in the 4th quarter. Focus Partners Wealth now owns 49,575 shares of the company’s stock worth $8,000,000 after acquiring an additional 3,456 shares during the period. Finally, Fieldview Capital Management LLC bought a new position in Vertiv in the 4th quarter worth $489,000. Institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

NYSE:VRT opened at $302.47 on Monday. The firm’s 50-day moving average is $316.12 and its 200-day moving average is $244.94. Vertiv Holdings Co. has a 52-week low of $110.06 and a 52-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 cap of $116.18 billion, a price-to-earnings ratio of 76.00, a PEG ratio of 1.31 and a beta of 2.04.

Vertiv (NYSE:VRT) last posted its quarterly earnings data 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. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the previous year, the firm posted $0.64 EPS. 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. Equities research analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s payout ratio is 6.28%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on VRT shares. Sanford C. Bernstein started coverage on shares of Vertiv in a report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 target price on the stock. HSBC started coverage on shares of Vertiv in a report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 target price on the stock. TD Cowen lifted their target price on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Loop Capital initiated coverage on shares of Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective on the stock. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and a consensus target price of $326.39.

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.