Styrax Capital LP boosted its position in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 22.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 395,347 shares of the company’s stock after purchasing an additional 72,187 shares during the quarter. Vertiv comprises 4.9% of Styrax Capital LP’s holdings, making the stock its 8th biggest position. Styrax Capital LP owned 0.10% of Vertiv worth $64,050,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. raised its holdings in Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new position in shares of Vertiv in the 4th quarter valued at approximately $27,000. Park Place Capital Corp grew its position in shares of Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Vertiv in the 4th quarter valued at approximately $29,000. Finally, Cullen Frost Bankers Inc. grew its position in shares of Vertiv by 98.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the period. 89.92% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. Royal Bank Of Canada boosted their price objective on Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Evercore reiterated an “outperform” rating and issued a $425.00 price objective on shares of Vertiv in a research report on Tuesday, May 12th. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. boosted their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Loop Capital started coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Vertiv presently has a consensus rating of “Moderate Buy” and an average target price of $326.39.
Vertiv Trading Down 3.9%
NYSE:VRT opened at $299.61 on Wednesday. Vertiv Holdings Co. has a twelve month low of $110.06 and a twelve month high of $379.93. 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 business has a 50 day moving average price of $317.89 and a two-hundred day moving average price of $246.83. The company has a market cap of $115.08 billion, a P/E ratio of 75.28, a price-to-earnings-growth ratio of 1.35 and a beta of 2.03.
Vertiv (NYSE:VRT – Get Free Report) last released its quarterly 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. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the prior year, the firm posted $0.64 EPS. The business’s revenue was up 30.1% on a year-over-year basis. 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 EPS for the current fiscal year.
Vertiv Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio is presently 6.28%.
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.
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