Vertiv Holdings Co. $VRT Stock Holdings Raised by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. grew its position in Vertiv Holdings Co. (NYSE:VRT) by 50.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,937 shares of the company’s stock after acquiring an additional 10,713 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Vertiv were worth $10,693,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in Vertiv during the fourth quarter worth about $808,701,000. Marshall Wace LLP lifted its stake in Vertiv by 265.6% during the fourth quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock valued at $432,568,000 after purchasing an additional 1,939,749 shares during the last quarter. Alkeon Capital Management LLC boosted its holdings in Vertiv by 178.2% during the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock worth $324,524,000 after buying an additional 1,283,110 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Vertiv by 49.5% during the second quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after buying an additional 930,158 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in Vertiv in the third quarter worth approximately $125,331,000. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

VRT has been the subject of a number of recent research reports. Oppenheimer reiterated an “outperform” rating and set a $325.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Loop Capital assumed coverage on Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 target price on the stock. Evercore set a $375.00 target price on Vertiv in a research report on Wednesday, July 29th. Citigroup reduced their target price on Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Mizuho set a $380.00 price target on Vertiv in a research report on Thursday, May 21st. Three investment 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’s stock. Based on data from MarketBeat, Vertiv currently has a consensus rating of “Buy” and an average target price of $357.83.

Vertiv Stock Up 0.2%

NYSE:VRT opened at $262.36 on Monday. The firm has a market capitalization of $101.01 billion, a price-to-earnings ratio of 59.36, a PEG ratio of 1.08 and a beta of 2.06. Vertiv Holdings Co. has a 1-year low of $118.70 and a 1-year high of $379.93. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The business’s fifty day moving average price is $294.65 and its 200 day moving average price is $287.55.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period last year, the company posted $0.95 EPS. The business’s quarterly revenue was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, sell-side analysts forecast that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently declared 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. 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 (DPR) is currently 5.66%.

Vertiv Company Profile

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.