State of New Jersey Common Pension Fund D Has $20.27 Million Holdings in Vertiv Holdings Co. $VRT

State of New Jersey Common Pension Fund D reduced its position in Vertiv Holdings Co. (NYSE:VRT) by 2.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,140 shares of the company’s stock after selling 3,003 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Vertiv were worth $20,274,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Vertiv by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock worth $5,858,352,000 after purchasing an additional 826,281 shares during the last quarter. State Street Corp increased its position in Vertiv by 2.3% in the 3rd quarter. State Street Corp now owns 8,459,323 shares of the company’s stock worth $1,276,173,000 after purchasing an additional 189,484 shares during the last quarter. American Century Companies Inc. increased its position in Vertiv by 16.7% in the 3rd quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock worth $517,715,000 after purchasing an additional 491,349 shares during the last quarter. Ameriprise Financial Inc. increased its position in Vertiv by 49.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after purchasing an additional 930,158 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Vertiv by 1.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,143,067 shares of the company’s stock worth $323,303,000 after purchasing an additional 33,012 shares during the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

More Vertiv News

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Vertiv agreed to acquire Strategic Thermal Labs to strengthen server‑side liquid‑cooling capabilities for high‑density AI and HPC workloads — a direct product fit for the AI data‑center buildout and a near‑term growth accelerator. Vertiv Buys STL To Deepen AI Liquid Cooling
• Positive Sentiment: Coverage lift: JPMorgan and Morgan Stanley have recently raised price targets and reiterated constructive views on Vertiv, signaling stronger sell‑side conviction that supports higher valuation multiples. Vertiv: The Best Data Center Cooling Company to Invest In
• Positive Sentiment: Multiple industry pieces identify Vertiv as a direct beneficiary of surging AI capex (estimates up to $725B–$1T by 2026), which should lift demand for cooling, power and infrastructure — core Vertiv end markets. Big Techs Assure Lasting AI Frenzy – Which Stocks Will Gain?
• Positive Sentiment: Independent articles analyzing the AI supercycle and planned multi‑year capex increases list infrastructure plays like Vertiv among the stocks poised to “feast” on the buildout, reinforcing momentum and investor interest. $1 Trillion in AI Capex Is Coming
• Neutral Sentiment: Analyst commentary and industry roundups offer broader insights on Vertiv and peers; useful for context but generally reiterate the same AI/cooling thesis rather than providing new company‑specific catalysts. Analysts Offer Insights on Industrial Goods Companies

Insider Activity

In related news, Director Edward L. Monser sold 77,294 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the completion of the sale, the director owned 16,500 shares in the company, valued at $4,050,585. This represents a 82.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman David M. Cote sold 40,000 shares of the stock in a transaction that occurred on 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 sale, the chairman 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 SEC filing for this sale provides additional information. Insiders have sold 489,761 shares of company stock worth $123,356,815 over the last 90 days. Company insiders own 2.63% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on VRT. Morgan Stanley upped 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 objective on Vertiv from $300.00 to $345.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Citigroup increased their price objective on Vertiv from $340.00 to $353.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Oppenheimer reissued an “outperform” rating and set a $330.00 price objective on shares of Vertiv in a report on Thursday, April 23rd. Finally, TD Cowen increased their price objective on Vertiv from $269.00 to $347.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Twenty-one investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Vertiv presently has a consensus rating of “Moderate Buy” and an average price target of $278.38.

Vertiv Stock Performance

Shares of NYSE VRT opened at $329.68 on Friday. 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 $126.13 billion, a price-to-earnings ratio of 82.83, a P/E/G ratio of 1.31 and a beta of 2.04. The business’s 50-day simple moving average is $274.42 and its 200-day simple moving average is $213.68. Vertiv Holdings Co. has a 52 week low of $91.17 and a 52 week high of $330.30.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.64 EPS. 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 expect that Vertiv Holdings Co. will post 6.42 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were paid a dividend of $0.0625 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 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.