Connor Clark & Lunn Investment Management Ltd. Grows Stock Holdings in Vertiv Holdings Co. $VRT

Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 39.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 480,127 shares of the company’s stock after purchasing an additional 136,869 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.12% of Vertiv worth $160,756,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VRT. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after buying an additional 56 shares in the last quarter. Sankala Group LLC bought a new stake in Vertiv in the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. boosted its stake in Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after buying an additional 112 shares in the last quarter. Rossby Financial LCC purchased a new stake in Vertiv in the fourth quarter worth approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Vertiv in the fourth quarter worth approximately $29,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Vertiv Price Performance

VRT stock opened at $262.36 on Monday. The stock has a market capitalization of $101.01 billion, a price-to-earnings ratio of 59.36, a PEG ratio of 1.08 and a beta of 2.06. The firm’s 50-day moving average price is $294.65 and its two-hundred day moving average price is $287.55. 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 Holdings Co. has a 12-month low of $118.70 and a 12-month high of $379.93.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, equities analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Announces Dividend

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

Analyst Ratings Changes

Several research analysts have commented on the stock. KeyCorp decreased their price target on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. UBS Group reaffirmed a “buy” rating and issued a $370.00 price objective on shares of Vertiv in a research note on Thursday, July 30th. Oppenheimer reaffirmed an “outperform” rating and set a $325.00 target price on shares of Vertiv in a report on Thursday, July 30th. Wall Street Zen cut shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, Loop Capital assumed coverage on shares of Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target for the company. Three 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. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus 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.