Maxi Investments CY Ltd purchased a new stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,400 shares of the company’s stock, valued at approximately $1,808,000.
Several other hedge funds have also recently bought and sold shares of VRT. Lingotto Investment Management LLP acquired a new position in shares of Vertiv in the fourth quarter valued at about $2,641,000. Norges Bank bought a new position in Vertiv during the fourth quarter worth about $808,701,000. Sterling Investment Advisors Ltd. boosted its holdings in Vertiv by 26.1% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock valued at $3,641,000 after purchasing an additional 4,645 shares during the period. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in Vertiv in the 4th quarter valued at about $2,197,000. Finally, WD Rutherford LLC grew its position in shares of Vertiv by 80.7% during the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after purchasing an additional 6,734 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
VRT has been the topic of several recent research reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $368.00 target price on shares of Vertiv in a report on Friday, July 31st. Loop Capital initiated coverage on Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target for the company. Citigroup reduced their price target on Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. Finally, Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vertiv has an average rating of “Buy” and a consensus price target of $357.83.
Vertiv Price Performance
Vertiv stock opened at $262.36 on Monday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The stock has a market capitalization of $101.01 billion, a P/E ratio of 59.36, a price-to-earnings-growth ratio of 1.08 and a beta of 2.06. The stock has a fifty day moving average of $294.65 and a 200-day moving average of $287.55.
Vertiv (NYSE:VRT – Get Free Report) last released 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. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period last year, the firm posted $0.95 earnings per share. Vertiv’s revenue was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, sell-side analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.
Vertiv Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is 5.66%.
About Vertiv
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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