Vertiv Holdings Co. $VRT Shares Sold by Sit Investment Associates Inc.

Sit Investment Associates Inc. lowered its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 3.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 52,998 shares of the company’s stock after selling 2,175 shares during the period. Sit Investment Associates Inc.’s holdings in Vertiv were worth $8,586,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of VRT. Norges Bank acquired a new position in Vertiv during the 4th quarter valued at about $808,701,000. Marshall Wace LLP grew its position in Vertiv by 265.6% in the 4th quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock worth $432,568,000 after purchasing an additional 1,939,749 shares during the last quarter. Alkeon Capital Management LLC increased its stake in shares of Vertiv by 178.2% in the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock valued at $324,524,000 after purchasing an additional 1,283,110 shares during the period. Schroder Investment Management Group increased its stake in shares of Vertiv by 148.0% in the third quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock valued at $275,885,000 after purchasing an additional 1,091,210 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of Vertiv by 49.5% during the second quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock valued at $361,033,000 after buying an additional 930,158 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Trading Up 5.0%

Shares of NYSE VRT opened at $333.49 on Friday. 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 12 month low of $110.06 and a 12 month high of $379.93. The company has a market cap of $128.10 billion, a price-to-earnings ratio of 83.79, a P/E/G ratio of 1.37 and a beta of 2.03. The business has a fifty day simple moving average of $320.50 and a 200-day simple moving average of $248.93.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the previous year, the company earned $0.64 EPS. The business’s revenue for the quarter 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. Sell-side analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s dividend payout ratio is 6.28%.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of recent analyst reports. Loop Capital assumed coverage on Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price objective for the company. Jefferies Financial Group reaffirmed a “hold” rating and set a $260.00 target price (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. TD Cowen boosted their price target on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. BNP Paribas Exane initiated coverage on Vertiv in a report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Finally, Evercore restated an “outperform” rating and set a $425.00 price target on shares of Vertiv in a research report on Tuesday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price 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.