Parallel Advisors LLC Has $1.31 Million Holdings in Vertiv Holdings Co. $VRT

Parallel Advisors LLC lifted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 70.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,101 shares of the company’s stock after purchasing an additional 3,359 shares during the period. Parallel Advisors LLC’s holdings in Vertiv were worth $1,313,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of VRT. CreativeOne Wealth LLC boosted its stake in Vertiv by 187.8% in the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock valued at $1,606,000 after acquiring an additional 6,947 shares during the last quarter. Plato Investment Management Ltd lifted its stake in shares of Vertiv by 272.7% during the 3rd quarter. Plato Investment Management Ltd now owns 8,825 shares of the company’s stock valued at $1,321,000 after buying an additional 6,457 shares in the last quarter. Lingotto Investment Management LLP purchased a new stake in shares of Vertiv during the 4th quarter valued at approximately $2,641,000. Norges Bank purchased a new stake in shares of Vertiv during the 4th quarter valued at approximately $808,701,000. Finally, WD Rutherford LLC lifted its stake in shares of Vertiv by 80.7% during the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock valued at $2,443,000 after buying an additional 6,734 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

Vertiv stock opened at $300.44 on Monday. The firm’s 50 day simple moving average is $311.65 and its 200 day simple moving average is $240.39. 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 has a market capitalization of $115.40 billion, a PE ratio of 75.49, a price-to-earnings-growth ratio of 1.30 and a beta of 2.04. Vertiv Holdings Co. has a 1-year low of $107.38 and a 1-year high of $379.93.

Vertiv (NYSE:VRT) last posted 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%. Vertiv’s revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the firm 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, analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company 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 dividend of $0.0625 per share. 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 is 6.28%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on VRT. BNP Paribas Exane began coverage on shares of Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Roth Mkm restated a “buy” rating and set a $355.00 price target on shares of Vertiv in a research note on Thursday, May 21st. Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Mizuho set a $380.00 price target on shares of Vertiv in a research note on Thursday, May 21st. Finally, Evercore restated an “outperform” rating and set a $425.00 price target on shares of Vertiv in a research note on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $322.32.

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.