Resona Asset Management Co. Ltd. Boosts Position in Vertiv Holdings Co. $VRT

Resona Asset Management Co. Ltd. raised its position in Vertiv Holdings Co. (NYSE:VRT) by 7.4% during the 1st quarter, Holdings Channel reports. The firm owned 111,925 shares of the company’s stock after acquiring an additional 7,700 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Vertiv were worth $27,691,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VRT. Vermillion & White Wealth Management Group LLC raised its position in Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares during the last quarter. Meeder Asset Management Inc. grew its position in shares of Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new stake in shares of Vertiv in the fourth quarter valued at approximately $27,000. Sankala Group LLC acquired a new stake in shares of Vertiv in the fourth quarter valued at approximately $27,000. Finally, Park Place Capital Corp increased its stake in shares of Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after purchasing an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on VRT shares. The Goldman Sachs Group lifted their price objective on Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Mizuho set a $380.00 price target on Vertiv in a research report on Thursday, May 21st. Zacks Research cut Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Wall Street Zen downgraded Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, Bank of America upped their price objective on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $342.24.

Vertiv Price Performance

VRT stock opened at $323.42 on Friday. The company has a market cap of $124.23 billion, a PE ratio of 81.26, a price-to-earnings-growth ratio of 1.37 and a beta of 2.03. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The stock has a 50-day moving average price of $324.39 and a two-hundred day moving average price of $264.37. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating 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 business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same period in the previous year, the company posted $0.64 EPS. The company’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. As a group, research analysts predict that Vertiv Holdings Co. will post 6.38 EPS for the current year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is presently 6.28%.

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.