Raiffeisen Bank International AG Sells 66,326 Shares of Vertiv Holdings Co. $VRT

Raiffeisen Bank International AG lessened its holdings in Vertiv Holdings Co. (NYSE:VRTFree Report) by 23.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 216,207 shares of the company’s stock after selling 66,326 shares during the quarter. Raiffeisen Bank International AG owned 0.06% of Vertiv worth $35,531,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VRT. Norges Bank bought a new stake in shares of Vertiv in the fourth quarter worth $808,701,000. Schroder Investment Management Group increased its holdings in Vertiv by 148.0% during the third quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock worth $275,885,000 after buying an additional 1,091,210 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Vertiv by 49.5% during the second quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after buying an additional 930,158 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in Vertiv during the third quarter worth $125,331,000. Finally, Vanguard Group Inc. increased its holdings in Vertiv by 2.2% during the third 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. Institutional investors own 89.92% of the company’s stock.

Vertiv Trading Up 6.0%

VRT opened at $297.80 on Friday. Vertiv Holdings Co. has a twelve month low of $108.81 and a twelve month high of $379.93. The company has a 50-day simple moving average of $315.26 and a 200 day simple moving average of $244.00. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $114.39 billion, a price-to-earnings ratio of 74.82, a P/E/G ratio of 1.22 and a beta of 2.03.

Vertiv (NYSE:VRTGet Free Report) last posted its quarterly earnings data 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. 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 analysts’ expectations of $2.63 billion. During the same quarter in the prior year, the business posted $0.64 earnings per share. Vertiv’s 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. Analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is currently 6.28%.

Analyst Ratings Changes

VRT has been the topic of a number of recent analyst reports. Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Barclays upped their price objective on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. BNP Paribas Exane assumed coverage on shares of Vertiv in a report on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price objective on the stock. Loop Capital began coverage on shares of Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price objective on the stock. Finally, The Goldman Sachs Group upped 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. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $326.39.

View Our Latest Report on Vertiv

Vertiv Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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