Sanctuary Advisors LLC increased its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 11.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 69,199 shares of the company’s stock after buying an additional 6,860 shares during the period. Sanctuary Advisors LLC’s holdings in Vertiv were worth $23,169,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. raised its stake in Vertiv by 39.9% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 480,127 shares of the company’s stock valued at $160,756,000 after buying an additional 136,869 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its stake in shares of Vertiv by 50.5% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 31,937 shares of the company’s stock worth $10,693,000 after buying an additional 10,713 shares during the last quarter. Benchmark Investment Advisors LLC boosted its stake in shares of Vertiv by 6.2% in the 2nd quarter. Benchmark Investment Advisors LLC now owns 15,651 shares of the company’s stock worth $5,240,000 after buying an additional 912 shares during the last quarter. Compass Financial Management LLC bought a new stake in shares of Vertiv in the second quarter worth $2,127,000. Finally, Elevation Point Wealth Partners LLC grew its holdings in shares of Vertiv by 14.8% in the second quarter. Elevation Point Wealth Partners LLC now owns 7,280 shares of the company’s stock worth $2,438,000 after acquiring an additional 936 shares during the period. Institutional investors own 89.92% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on VRT. Sanford C. Bernstein reiterated an “outperform” rating and set a $368.00 price objective on shares of Vertiv in a research report on Friday, July 31st. Evercore set a $375.00 target price on Vertiv in a research report on Wednesday, July 29th. Barclays boosted their price target on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Roth Capital reiterated a “buy” rating and issued a $355.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. Finally, Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Vertiv has a consensus rating of “Buy” and a consensus target price of $357.83.
Vertiv Stock Performance
NYSE:VRT opened at $262.36 on Monday. The stock has a 50-day moving average price of $294.65 and a 200 day moving average price of $287.55. The stock has a market capitalization of $101.01 billion, a P/E ratio of 59.36, a P/E/G ratio of 1.08 and a beta of 2.06. 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.
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the previous year, the firm earned $0.95 EPS. The firm’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. Equities research analysts forecast that Vertiv Holdings Co. will post 6.7 EPS for the current fiscal year.
Vertiv Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio is currently 5.66%.
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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