Kovack Advisors Inc. grew its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 13.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,223 shares of the company’s stock after acquiring an additional 6,732 shares during the quarter. Kovack Advisors Inc.’s holdings in Vertiv were worth $9,109,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in the stock. Norges Bank purchased a new position in Vertiv in the fourth quarter valued at about $808,701,000. Schroder Investment Management Group boosted its holdings in shares of Vertiv by 148.0% in the 3rd quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock valued at $275,885,000 after buying an additional 1,091,210 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Vertiv by 49.5% in the 2nd 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 in the last quarter. Qube Research & Technologies Ltd purchased a new position in shares of Vertiv in the 3rd quarter worth approximately $125,331,000. Finally, Vanguard Group Inc. raised its stake in shares of Vertiv by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock worth $5,858,352,000 after acquiring an additional 826,281 shares in the last quarter. 89.92% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on VRT shares. Evercore restated an “outperform” rating and issued a $425.00 target price on shares of Vertiv in a research note on Tuesday, May 12th. TD Cowen upped 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. Mizuho set a $380.00 price objective on Vertiv in a report on Thursday, May 21st. JPMorgan Chase & Co. boosted their target price on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, Loop Capital started coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.
Vertiv Price Performance
NYSE VRT opened at $297.80 on Friday. The company has a market cap of $114.39 billion, a price-to-earnings ratio of 74.82, a PEG ratio of 1.22 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The stock’s fifty day moving average price is $315.26 and its 200 day moving average price is $244.00. Vertiv Holdings Co. has a 1 year low of $108.81 and a 1 year high of $379.93.
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings results 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 the consensus estimate of $2.63 billion. During the same quarter in the previous year, the business earned $0.64 EPS. The company’s quarterly 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, equities research analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.
Vertiv Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.
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.
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