North Dakota State Investment Board Takes Position in Vertiv Holdings Co. $VRT

North Dakota State Investment Board acquired a new stake in shares of Vertiv Holdings Co. (NYSE:VRT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,396 shares of the company’s stock, valued at approximately $2,170,000.

Other hedge funds have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Vertiv during the 4th quarter valued at about $29,000. Park Place Capital Corp grew its holdings in Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after buying an additional 156 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in Vertiv in the 3rd quarter valued at approximately $30,000. Foster Dykema Cabot & Partners LLC acquired a new stake in Vertiv in the 3rd quarter valued at approximately $31,000. Finally, Brown Brothers Harriman & Co. grew its holdings in Vertiv by 37.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 237 shares of the company’s stock valued at $36,000 after buying an additional 65 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Price Performance

Shares of VRT stock opened at $340.31 on Tuesday. The stock has a 50 day moving average of $295.46 and a two-hundred day moving average of $226.63. 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 12 month low of $101.00 and a 12 month high of $379.93. The company has a market capitalization of $130.72 billion, a P/E ratio of 85.50, a P/E/G ratio of 1.59 and a beta of 2.09.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter last year, the company earned $0.64 EPS. The company’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. As a group, equities analysts expect that Vertiv Holdings Co. will post 6.42 EPS for the current year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were given a $0.0625 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Analysts Set New Price Targets

A number of research firms have issued reports on VRT. Morgan Stanley raised their target price on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Royal Bank Of Canada raised their target price on Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a report on Friday. TD Cowen raised their target price on Vertiv from $269.00 to $347.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Barclays raised their target price on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday. Finally, Zacks Research lowered Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Twenty-two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Vertiv presently has an average rating of “Moderate Buy” and an average target price of $314.45.

Insider Buying and Selling

In related news, EVP Anders Karlborg sold 30,487 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $246.92, for a total transaction of $7,527,850.04. Following the completion of the transaction, the executive vice president owned 34,746 shares in the company, valued at $8,579,482.32. This trade represents a 46.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David M. Cote sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $255.29, for a total value of $10,211,600.00. Following the transaction, the chairman owned 22,258 shares of the company’s stock, valued at $5,682,244.82. This trade represents a 64.25% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 489,761 shares of company stock worth $123,356,815. 1.10% of the stock is currently owned by corporate insiders.

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.