Patton Fund Management Inc. Invests $5.15 Million in Vertiv Holdings Co. $VRT

Patton Fund Management Inc. bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,568 shares of the company’s stock, valued at approximately $5,154,000. Vertiv accounts for about 0.9% of Patton Fund Management Inc.’s portfolio, making the stock its 15th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. State Street Corp boosted its position in Vertiv by 2.8% during the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after purchasing an additional 235,577 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Vertiv by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after buying an additional 143,821 shares in the last quarter. Invesco Ltd. increased its position in shares of Vertiv by 2.1% in the fourth quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock valued at $967,881,000 after buying an additional 121,618 shares in the last quarter. Norges Bank acquired a new position in shares of Vertiv during the 4th quarter worth approximately $808,701,000. Finally, Northern Trust Corp raised its stake in shares of Vertiv by 3.6% during the 4th quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock worth $455,531,000 after buying an additional 97,141 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

VRT opened at $304.11 on Monday. Vertiv Holdings Co. has a twelve month low of $110.06 and a twelve month high of $379.93. The firm has a market capitalization of $116.81 billion, a PE ratio of 76.41, a PEG ratio of 1.32 and a beta of 2.04. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The firm’s 50-day moving average price is $324.10 and its 200 day moving average price is $254.98.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business’s revenue was up 30.1% on a year-over-year basis. During the same period last year, the company posted $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. As a group, sell-side analysts expect that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio is presently 6.28%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on VRT shares. The Goldman Sachs Group lifted their price target on shares of Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Bank of America lifted their target price on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. HSBC initiated coverage on shares of Vertiv in a research report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price target for the company. TD Cowen lifted their price objective on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Loop Capital assumed coverage on Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and a consensus price target 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.