Jones Financial Companies Lllp Grows Holdings in Vertiv Holdings Co. $VRT

Jones Financial Companies Lllp lifted its stake in Vertiv Holdings Co. (NYSE:VRT) by 6.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 275,473 shares of the company’s stock after acquiring an additional 16,046 shares during the quarter. Jones Financial Companies Lllp owned 0.07% of Vertiv worth $92,234,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VRT. Vermillion & White Wealth Management Group LLC lifted its stake in Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares in the last quarter. Sankala Group LLC acquired a new stake in shares of Vertiv in the fourth quarter valued at $27,000. Meeder Asset Management Inc. grew its stake in shares of Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after buying an additional 112 shares in the last quarter. Rossby Financial LCC purchased a new stake in shares of Vertiv in the 4th quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Vertiv in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

Shares of VRT opened at $254.98 on Tuesday. The company has a market capitalization of $98.16 billion, a price-to-earnings ratio of 57.69, a price-to-earnings-growth ratio of 1.08 and a beta of 2.06. Vertiv Holdings Co. has a 52-week low of $118.70 and a 52-week high of $379.93. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The stock has a 50 day moving average price of $293.51 and a 200 day moving average price of $288.01.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) 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 analyst estimates of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter last year, the company posted $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. Research analysts predict that Vertiv Holdings Co. will post 6.7 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given 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 (DPR) is 5.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Oppenheimer restated an “outperform” rating and set a $325.00 target price on shares of Vertiv in a report on Thursday, July 30th. TD Cowen boosted their price target 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. Royal Bank Of Canada reduced their price target on shares of Vertiv from $418.00 to $337.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. Piper Sandler set a $375.00 price objective on shares of Vertiv in a research note on Wednesday, July 29th. Finally, Roth Capital restated a “buy” rating and issued a $355.00 price objective on shares of Vertiv in a report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $357.83.

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.