Vertiv Holdings Co. $VRT Position Lifted by IKE Capital LLC

IKE Capital LLC grew its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 194.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 7,065 shares of the company’s stock after purchasing an additional 4,665 shares during the quarter. Vertiv makes up about 1.2% of IKE Capital LLC’s holdings, making the stock its 23rd largest position. IKE Capital LLC’s holdings in Vertiv were worth $2,365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Vertiv in the 4th quarter valued at about $808,701,000. Jupiter Topco LLC acquired a new position in Vertiv in the second quarter worth about $441,083,000. Alkeon Capital Management LLC grew its stake in Vertiv by 178.2% in the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock worth $324,524,000 after purchasing an additional 1,283,110 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Vertiv by 33.7% in the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock worth $604,059,000 after purchasing an additional 608,176 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Vertiv by 24.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,657,948 shares of the company’s stock valued at $430,614,000 after buying an additional 517,980 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

Shares of NYSE:VRT traded up $5.19 during trading on Wednesday, reaching $239.80. 5,494,505 shares of the company’s stock traded hands, compared to its average volume of 6,548,015. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. Vertiv Holdings Co. has a 12 month low of $132.68 and a 12 month high of $379.93. The company has a 50 day moving average of $275.35 and a 200-day moving average of $291.75. The stock has a market capitalization of $92.32 billion, a P/E ratio of 54.25, a price-to-earnings-growth ratio of 0.97 and a beta of 2.07.

Vertiv (NYSE:VRT) last released 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. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the prior year, the business earned $0.95 earnings per share. Vertiv’s quarterly revenue was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities analysts expect that Vertiv Holdings Co. will post 6.72 EPS for the current year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Monday, September 14th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is 5.66%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Royal Bank Of Canada cut their price objective on Vertiv from $418.00 to $337.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Citigroup decreased their target price on Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Robert W. Baird set a $320.00 price target on Vertiv in a report on Thursday, July 30th. Finally, Piper Sandler set a $375.00 price target on Vertiv in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $357.83.

Insider Buying and Selling at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the sale, the director directly owned 16,500 shares in the company, valued at approximately $4,188,030. This represents a 48.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Vertiv Profile

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.

The company’s products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.