Tempo Wealth LLC acquired a new stake in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) in the 4th quarter, Holdings Channel reports. The firm acquired 5,299 shares of the company’s stock, valued at approximately $858,000.
Several other institutional investors have also bought and sold shares of VRT. State Street Corp raised its position in shares of Vertiv by 2.8% during the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock valued at $1,408,661,000 after buying an additional 235,577 shares in the last quarter. Geode Capital Management LLC grew its position in Vertiv by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after acquiring an additional 143,821 shares in the last quarter. Invesco Ltd. grew its position in Vertiv by 2.1% in the fourth quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after acquiring an additional 121,618 shares in the last quarter. Norges Bank bought a new stake in Vertiv during the fourth quarter worth approximately $808,701,000. Finally, American Century Companies Inc. increased its stake in Vertiv by 16.7% during the third quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock worth $517,715,000 after acquiring an additional 491,349 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the company. Sanford C. Bernstein initiated coverage on Vertiv in a research note on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price objective for the company. Loop Capital began coverage on Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 price target on the stock. Bank of America raised their price target on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Roth Mkm reaffirmed a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. Finally, The Goldman Sachs Group boosted their price objective on shares of Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and a consensus target price of $326.39.
Vertiv Trading Up 5.0%
Shares of NYSE VRT opened at $333.49 on Friday. 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 business’s 50 day moving average price is $320.50 and its 200-day moving average price is $248.93. Vertiv Holdings Co. has a fifty-two week low of $110.06 and a fifty-two week high of $379.93. The company has a market cap of $128.10 billion, a price-to-earnings ratio of 83.79, a PEG ratio of 1.37 and a beta of 2.03.
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.Vertiv’s revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.64 EPS. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, sell-side analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.
Vertiv Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be paid 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 is Monday, June 15th. Vertiv’s payout ratio is currently 6.28%.
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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