Vertiv Holdings Co. $VRT Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. lifted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 78.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 16,828 shares of the company’s stock after purchasing an additional 7,414 shares during the quarter. Vise Technologies Inc.’s holdings in Vertiv were worth $5,634,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Lingotto Investment Management LLP acquired a new position in shares of Vertiv during the 4th quarter valued at $2,641,000. Norges Bank acquired a new stake in shares of Vertiv in the fourth quarter valued at $808,701,000. Sterling Investment Advisors Ltd. boosted its stake in Vertiv by 26.1% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock valued at $3,641,000 after buying an additional 4,645 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new position in Vertiv during the fourth quarter valued at about $2,197,000. Finally, WD Rutherford LLC boosted its stake in Vertiv by 80.7% during the fourth 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. 89.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VRT has been the topic of several research reports. Robert W. Baird set a $320.00 price target on shares of Vertiv in a research report on Thursday, July 30th. Weiss Ratings lowered shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Piper Sandler set a $375.00 price objective on shares of Vertiv in a research note on Wednesday, July 29th. TD Cowen lifted their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Finally, Bank of America boosted their target price on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $357.83.

Vertiv Stock Performance

Shares of NYSE VRT opened at $264.25 on Friday. The stock’s fifty day simple moving average is $295.45 and its 200 day simple moving average is $287.04. The stock 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 company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. Vertiv Holdings Co. has a 52-week low of $118.70 and a 52-week high of $379.93.

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

Vertiv Announces Dividend

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

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.