Mirae Asset Global Investments Co. Ltd. Acquires 25,479 Shares of Vertiv Holdings Co. $VRT

Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 14.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 206,936 shares of the company’s stock after purchasing an additional 25,479 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Vertiv were worth $33,526,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of VRT. Financial Management Professionals Inc. boosted its holdings in Vertiv by 1,560.0% during the 3rd quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after acquiring an additional 156 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Vertiv by 67.6% during the 3rd quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after acquiring an additional 69 shares during the last quarter. Park Place Capital Corp boosted its holdings in Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the last quarter. True Wealth Design LLC boosted its holdings in Vertiv by 54.0% during the 3rd quarter. True Wealth Design LLC now owns 194 shares of the company’s stock worth $29,000 after acquiring an additional 68 shares during the last quarter. Finally, Quent Capital LLC purchased a new position in Vertiv during the 3rd quarter worth $30,000. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Weiss Ratings raised shares of Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 13th. Morgan Stanley reaffirmed an “overweight” rating and set a $285.00 price objective on shares of Vertiv in a report on Friday, February 13th. Barclays lifted their price objective on shares of Vertiv from $281.00 to $300.00 and gave the stock an “overweight” rating in a report on Wednesday, April 1st. HSBC assumed coverage on shares of Vertiv in a report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price objective on the stock. Finally, Wall Street Zen downgraded shares of Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 14th. Twenty-one research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $249.62.

Insider Buying and Selling

In related news, Chairman David M. Cote sold 40,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $255.29, for a total value of $10,211,600.00. Following the transaction, the chairman directly owned 22,258 shares of the company’s stock, valued at approximately $5,682,244.82. The trade was a 64.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Steven Reinemund sold 65,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $253.95, for a total transaction of $16,506,750.00. Following the completion of the transaction, the director directly owned 68,333 shares in the company, valued at $17,353,165.35. This trade represents a 48.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 489,761 shares of company stock worth $123,356,815 in the last ninety days. Corporate insiders own 2.63% of the company’s stock.

Vertiv Price Performance

Shares of NYSE:VRT opened at $307.14 on Friday. The company’s 50-day moving average is $259.34 and its 200 day moving average is $204.11. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.22 and a current ratio of 1.55. The company has a market capitalization of $117.51 billion, a P/E ratio of 90.07, a price-to-earnings-growth ratio of 1.50 and a beta of 2.04. Vertiv Holdings Co. has a fifty-two week low of $65.93 and a fifty-two week high of $312.46.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.07. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.89 billion. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. The firm’s quarterly revenue was up 22.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.99 EPS. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. On average, equities research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv’s payout ratio is 7.33%.

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.