E Fund Management Co. Ltd. Decreases Stock Position in Vertiv Holdings Co. $VRT

E Fund Management Co. Ltd. reduced its position in Vertiv Holdings Co. (NYSE:VRT) by 87.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,422 shares of the company’s stock after selling 9,626 shares during the quarter. E Fund Management Co. Ltd.’s holdings in Vertiv were worth $476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Vertiv during the 4th quarter worth $808,701,000. Marshall Wace LLP raised its stake in Vertiv by 265.6% in the 4th quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock valued at $432,568,000 after acquiring an additional 1,939,749 shares during the period. Alkeon Capital Management LLC raised its stake in Vertiv by 178.2% in the 4th quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock valued at $324,524,000 after acquiring an additional 1,283,110 shares during the period. Ameriprise Financial Inc. boosted its position 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 purchasing an additional 930,158 shares during the period. Finally, Qube Research & Technologies Ltd purchased a new position in Vertiv in the 3rd quarter valued at approximately $125,331,000. 89.92% of the stock is currently owned by institutional investors.

Vertiv Stock Up 1.2%

Shares of NYSE VRT opened at $264.25 on Friday. Vertiv Holdings Co. has a 12 month low of $118.70 and a 12 month high of $379.93. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $101.73 billion, a price-to-earnings ratio of 59.79, a PEG ratio of 1.07 and a beta of 2.06. The business has a 50-day moving average of $295.45 and a 200-day moving average of $287.04.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Sell-side analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird set a $320.00 price target on shares of Vertiv in a report on Thursday, July 30th. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. Piper Sandler set a $375.00 target price on shares of Vertiv in a report on Wednesday, July 29th. Weiss Ratings cut shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, August 14th. Finally, Morgan Stanley raised their price target on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Vertiv currently has an average rating of “Buy” and a consensus target price of $357.83.

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.