Geode Capital Management LLC Increases Stock Position in Vertiv Holdings Co. $VRT

Geode Capital Management LLC boosted its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 2.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,065,912 shares of the company’s stock after purchasing an additional 143,821 shares during the period. Geode Capital Management LLC’s holdings in Vertiv were worth $1,141,723,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Park Place Capital Corp raised its position in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in Vertiv during the fourth quarter worth $29,000. Cullen Frost Bankers Inc. raised its position in Vertiv by 98.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock worth $30,000 after acquiring an additional 93 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in Vertiv during the third quarter worth $30,000. Finally, Foster Dykema Cabot & Partners LLC acquired a new position in Vertiv during the third quarter worth $31,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Price Performance

Shares of NYSE VRT opened at $316.01 on Friday. The firm has a 50-day simple moving average of $305.93 and a 200-day simple moving average of $234.69. The stock has a market capitalization of $121.38 billion, a price-to-earnings ratio of 79.40, a price-to-earnings-growth ratio of 1.36 and a beta of 2.09. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 52 week low of $104.71 and a 52 week high of $379.93.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.64 earnings per share. 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, equities analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is currently 6.28%.

Insider Activity

In related news, Director Edward L. Monser sold 77,294 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $245.49, for a total value of $18,974,904.06. Following the completion of the sale, the director owned 16,500 shares of the company’s stock, valued at approximately $4,050,585. This represents a 82.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VRT. Weiss Ratings cut shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Mizuho set a $380.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Royal Bank Of Canada upped their price objective on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. increased their target price on shares of Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Barclays increased their target price on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $322.32.

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.