Polar Capital Holdings Plc Sells 136,997 Shares of Vertiv Holdings Co. $VRT

Polar Capital Holdings Plc cut its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 827,785 shares of the company’s stock after selling 136,997 shares during the period. Polar Capital Holdings Plc’s holdings in Vertiv were worth $134,109,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Vertiv by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock worth $5,858,352,000 after buying an additional 826,281 shares during the last quarter. State Street Corp boosted its holdings 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 acquiring an additional 235,577 shares during the last quarter. Geode Capital Management LLC grew its stake 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 worth $1,141,723,000 after acquiring an additional 143,821 shares during the period. Norges Bank purchased a new position in shares of Vertiv during the fourth quarter valued at approximately $808,701,000. Finally, American Century Companies Inc. raised its holdings in shares of Vertiv by 16.7% during the third quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock valued at $517,715,000 after purchasing an additional 491,349 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Vertiv Stock Down 3.9%

Shares of VRT stock opened at $299.61 on Wednesday. Vertiv Holdings Co. has a 12 month low of $110.06 and a 12 month high of $379.93. The stock has a market cap of $115.08 billion, a P/E ratio of 75.28, a P/E/G ratio of 1.35 and a beta of 2.03. 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 company has a 50 day simple moving average of $317.89 and a two-hundred day simple moving average of $246.83.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last year, the firm earned $0.64 earnings per share. 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, research 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. Investors of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on VRT shares. Royal Bank Of Canada raised their target price on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Citigroup boosted their target price on shares of Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Loop Capital assumed coverage on Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 price target on the stock. Jefferies Financial Group restated a “hold” rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. Finally, Oppenheimer lifted their price objective on Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.

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.