Vega Investment Solutions Purchases 24,468 Shares of Vertiv Holdings Co. $VRT

Vega Investment Solutions lifted its position in Vertiv Holdings Co. (NYSE:VRT) by 190.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 37,338 shares of the company’s stock after purchasing an additional 24,468 shares during the period. Vertiv makes up about 1.7% of Vega Investment Solutions’ holdings, making the stock its 13th largest holding. Vega Investment Solutions’ holdings in Vertiv were worth $11,748,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VRT. State Street Corp lifted its position in Vertiv by 2.8% during the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after acquiring an additional 235,577 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Vertiv by 2.1% in the fourth 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 period. Invesco Ltd. increased its stake in shares of Vertiv by 2.1% in the fourth 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 acquired a new position in shares of Vertiv during the 4th quarter worth about $808,701,000. Finally, Northern Trust Corp lifted its position in shares of Vertiv by 3.6% during the 4th quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock worth $455,531,000 after purchasing an additional 97,141 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Trading Down 2.7%

Vertiv stock opened at $254.98 on Tuesday. The business has a 50 day moving average price of $293.51 and a two-hundred day moving average price of $288.01. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The stock has a market cap of $98.16 billion, a price-to-earnings ratio of 57.69, a price-to-earnings-growth ratio of 1.08 and a beta of 2.06. Vertiv Holdings Co. has a 12 month low of $118.70 and a 12 month high of $379.93.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.Vertiv’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 EPS. 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 forecast that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have issued reports on VRT shares. TD Cowen raised their target price on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Robert W. Baird set a $320.00 price target on Vertiv in a report on Thursday, July 30th. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Wall Street Zen downgraded shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Finally, KeyCorp dropped their target price on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus 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.