Teachers Retirement System of The State of Kentucky Buys Shares of 29,900 Vertiv Holdings Co. $VRT

Teachers Retirement System of The State of Kentucky purchased a new stake in Vertiv Holdings Co. (NYSE:VRT) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 29,900 shares of the company’s stock, valued at approximately $7,493,000.

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

Vertiv Stock Performance

Shares of VRT stock opened at $305.73 on Tuesday. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The stock has a market capitalization of $117.43 billion, a PE ratio of 76.82, a P/E/G ratio of 1.38 and a beta of 2.03. The firm has a 50 day moving average of $324.18 and a two-hundred day moving average of $266.43.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the previous year, the firm posted $0.64 earnings per share. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. 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 predict that Vertiv Holdings Co. will post 6.38 EPS for the current fiscal year.

Vertiv Dividend Announcement

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

Wall Street Analysts Forecast Growth

VRT has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. TD Cowen lifted their target price on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Glj Research raised Vertiv from a “sell” rating to a “hold” rating in a research report on Thursday, June 18th. The Goldman Sachs Group upped their price target on Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Finally, Mizuho set a $380.00 price target on Vertiv in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $342.24.

Vertiv Company 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.