Vertiv Holdings Co. $VRT Shares Sold by Panagora Asset Management Inc.

Panagora Asset Management Inc. lowered its position in Vertiv Holdings Co. (NYSE:VRT) by 11.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 500,366 shares of the company’s stock after selling 61,627 shares during the quarter. Panagora Asset Management Inc. owned about 0.13% of Vertiv worth $81,064,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Vertiv by 2.2% in the third quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock valued at $5,858,352,000 after purchasing an additional 826,281 shares during the period. State Street Corp increased its stake in shares of Vertiv by 2.8% during the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock valued at $1,408,661,000 after acquiring an additional 235,577 shares during the period. Geode Capital Management LLC increased its stake in shares of Vertiv by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after acquiring an additional 143,821 shares during the period. Norges Bank acquired a new position in shares of Vertiv during the fourth quarter valued at approximately $808,701,000. Finally, American Century Companies Inc. increased its stake in shares of Vertiv by 16.7% during the third quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock valued at $517,715,000 after acquiring an additional 491,349 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Jefferies Financial Group reiterated a “hold” rating and set a $260.00 price objective (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. Oppenheimer raised their price objective on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. BNP Paribas Exane assumed coverage on shares of Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price objective on the stock. Finally, Morgan Stanley raised their price objective on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $326.39.

Vertiv Trading Down 0.1%

Vertiv stock opened at $302.47 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The firm has a market cap of $116.18 billion, a price-to-earnings ratio of 76.00, a price-to-earnings-growth ratio of 1.31 and a beta of 2.04. Vertiv Holdings Co. has a 1 year low of $110.06 and a 1 year high of $379.93. The firm’s 50 day moving average price is $316.12 and its two-hundred day moving average price is $244.94.

Vertiv (NYSE:VRT) last posted its quarterly earnings results 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 net margin of 14.37% and a return on equity of 49.90%. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the previous year, the business posted $0.64 earnings per share. The firm’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. On average, research analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be paid a $0.0625 dividend. 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%.

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.