Hennion & Walsh Asset Management Inc. Acquires 2,062 Shares of Vertiv Holdings Co. $VRT

Hennion & Walsh Asset Management Inc. boosted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 8.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,665 shares of the company’s stock after purchasing an additional 2,062 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Vertiv were worth $8,593,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Norges Bank purchased a new position in shares of Vertiv in the fourth quarter worth $808,701,000. Marshall Wace LLP grew 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 acquiring an additional 1,939,749 shares in the last quarter. Alkeon Capital Management LLC increased its holdings in Vertiv by 178.2% in the 4th quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock valued at $324,524,000 after acquiring an additional 1,283,110 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in 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 acquiring an additional 930,158 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in Vertiv in the 3rd quarter worth $125,331,000. Institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. TD Cowen raised their price objective on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Morgan Stanley boosted their target price on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Barclays increased their price target on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Glj Research upgraded Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price target for the company in a report on Friday. Finally, Evercore set a $375.00 price objective on Vertiv in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $348.54.

Vertiv Stock Performance

Shares of NYSE:VRT opened at $272.71 on Friday. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The stock has a market capitalization of $104.75 billion, a P/E ratio of 61.70, a PEG ratio of 1.12 and a beta of 2.06. The firm has a fifty day simple moving average of $300.81 and a two-hundred day simple moving average of $280.33. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period in the previous year, the firm posted $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. On average, analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a dividend of $0.0625 per share. 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 presently 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.