Harvest Fund Management Co. Ltd grew its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 4.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 58,798 shares of the company’s stock after buying an additional 2,334 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Vertiv were worth $9,526,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of VRT. Waterfront Wealth Inc. increased its stake in shares of Vertiv by 2.5% in the 4th quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock valued at $365,000 after purchasing an additional 56 shares in the last quarter. Balance Wealth LLC increased its stake in shares of Vertiv by 2.8% in the 4th quarter. Balance Wealth LLC now owns 2,089 shares of the company’s stock valued at $338,000 after purchasing an additional 57 shares in the last quarter. Legacy Capital Group California Inc. increased its stake in shares of Vertiv by 3.2% in the 4th quarter. Legacy Capital Group California Inc. now owns 1,859 shares of the company’s stock valued at $301,000 after purchasing an additional 57 shares in the last quarter. Fairfield Financial Advisors LTD increased its stake in shares of Vertiv by 2.3% in the 4th quarter. Fairfield Financial Advisors LTD now owns 2,564 shares of the company’s stock valued at $415,000 after purchasing an additional 58 shares in the last quarter. Finally, Rothschild Investment LLC increased its stake in shares of Vertiv by 2.3% in the 4th quarter. Rothschild Investment LLC now owns 2,685 shares of the company’s stock valued at $435,000 after purchasing an additional 61 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.
Wall Street Analysts Forecast Growth
VRT has been the subject of several recent analyst reports. JPMorgan Chase & Co. lifted their price target on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Loop Capital initiated coverage on Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target for the company. Bank of America lifted their price target on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Evercore restated an “outperform” rating and issued a $425.00 price target on shares of Vertiv in a research note on Tuesday, May 12th. Finally, Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $322.32.
Vertiv News Roundup
Here are the key news stories impacting Vertiv this week:
- Positive Sentiment: Vertiv launched PurgeRite NearZero, a new fluid-management service designed to cut water, wastewater, and hauling needs in AI-ready data centers, reinforcing its role in the fast-growing AI infrastructure market. Vertiv Expands Fluid Management Services to Help Reduce Water Use During Data Center Fluid System Commissioning
- Positive Sentiment: Analyst commentary highlighted Vertiv as a beneficiary of ongoing digitization, stronger hybrid-working infrastructure demand, and improving IT spending, which supports the stock’s momentum. 3 IT Services Stocks to Buy Right Now From a Challenging Industry
- Positive Sentiment: Another bullish note pointed to Vertiv’s strong one-year run, driven by AI-related data center demand, acquisitions, and NVIDIA ties, although the stock is trading at a premium valuation. Should You Buy, Sell, or Hold VRT Stock After a 195% Rise in One Year?
- Neutral Sentiment: Vertiv declared a small quarterly dividend of $0.0625 per share, which is a routine capital-return update and likely has limited impact on the stock near term. Vertiv Declares Quarterly Dividend
Vertiv Trading Down 2.1%
VRT stock opened at $324.51 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 12-month low of $107.38 and a 12-month high of $379.93. The stock has a market cap of $124.65 billion, a price-to-earnings ratio of 81.53, a PEG ratio of 1.43 and a beta of 2.03. The business’s 50-day moving average is $311.17 and its 200 day moving average is $239.44.
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same period in the previous year, the firm posted $0.64 EPS. Vertiv’s revenue was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.
Vertiv Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s payout ratio is presently 6.28%.
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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