Sumitomo Mitsui Trust Group Inc. Buys 27,415 Shares of Vertiv Holdings Co. $VRT

Sumitomo Mitsui Trust Group Inc. grew its stake in Vertiv Holdings Co. (NYSE:VRT) by 3.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 865,061 shares of the company’s stock after buying an additional 27,415 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Vertiv were worth $216,767,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC raised its stake in shares of Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after acquiring an additional 56 shares in the last quarter. Sankala Group LLC bought a new stake in Vertiv during the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. boosted its position in Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares during the period. Rossby Financial LCC acquired a new position in Vertiv during the fourth quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Vertiv during the fourth quarter valued at approximately $29,000. Institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

NYSE:VRT opened at $323.42 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. Vertiv Holdings Co. has a one year low of $110.06 and a one year high of $379.93. The company has a fifty day moving average price of $324.39 and a 200 day moving average price of $264.37. The stock has a market cap of $124.23 billion, a P/E ratio of 81.26, a PEG ratio of 1.37 and a beta of 2.03.

Vertiv (NYSE:VRT) last posted 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. 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 analyst estimates of $2.63 billion. During the same period last year, the business posted $0.64 EPS. The business’s quarterly revenue was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Analysts anticipate that Vertiv Holdings Co. will post 6.38 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 6.28%.

Analyst Upgrades and Downgrades

VRT has been the subject of a number of analyst reports. HSBC started coverage on shares of Vertiv in a research note on Wednesday, March 25th. They issued a “buy” rating and a $325.00 price objective for the company. Roth Capital reiterated a “buy” rating and issued a $355.00 target price on shares of Vertiv in a report on Thursday, May 21st. Citigroup boosted their target price on shares of Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Oppenheimer upped their price target on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, Zacks Research downgraded Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $342.24.

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.