Louisiana State Employees Retirement System Takes $4.89 Million Position in Vertiv Holdings Co. $VRT

Louisiana State Employees Retirement System acquired a new position in Vertiv Holdings Co. (NYSE:VRT) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 19,500 shares of the company’s stock, valued at approximately $4,886,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp boosted its holdings in Vertiv by 2.8% in the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock valued at $1,408,661,000 after purchasing an additional 235,577 shares during the period. Geode Capital Management LLC grew its position in Vertiv by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after purchasing an additional 143,821 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Vertiv by 2.1% during the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after purchasing an additional 121,618 shares during the period. Norges Bank bought a new position in shares of Vertiv during the 4th quarter worth about $808,701,000. Finally, American Century Companies Inc. raised its position in shares of Vertiv by 16.7% during the third quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock valued at $517,715,000 after buying an additional 491,349 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

NYSE:VRT opened at $304.11 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The company has a 50-day moving average of $324.10 and a 200-day moving average of $254.49. Vertiv Holdings Co. has a 52 week low of $110.06 and a 52 week high of $379.93. The company has a market capitalization of $116.81 billion, a price-to-earnings ratio of 76.41, a PEG ratio of 1.41 and a beta of 2.03.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the previous year, the firm posted $0.64 earnings per share. The firm’s revenue for the quarter was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio is currently 6.28%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on VRT. Jefferies Financial Group reiterated a “hold” rating and issued a $260.00 target price (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. Loop Capital assumed coverage on Vertiv in a research note on Thursday, May 14th. They set a “buy” rating and a $500.00 price target on the stock. The Goldman Sachs Group upped their price target on Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Oppenheimer raised their price objective on Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Finally, Morgan Stanley lifted their price objective on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and an average price target of $326.39.

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.