Platinum Investment Management Ltd. Has $1.95 Million Stock Holdings in Vertiv Holdings Co. $VRT

Platinum Investment Management Ltd. cut its stake in Vertiv Holdings Co. (NYSE:VRT) by 37.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,045 shares of the company’s stock after selling 7,087 shares during the period. Platinum Investment Management Ltd.’s holdings in Vertiv were worth $1,951,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. raised its holdings in Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after acquiring an additional 112 shares in the last quarter. Rossby Financial LCC acquired a new position in Vertiv in the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in Vertiv in the 4th quarter valued at $29,000. Park Place Capital Corp raised its holdings in Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after acquiring an additional 156 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in Vertiv by 98.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after acquiring an additional 93 shares in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Trading Up 1.5%

Shares of VRT stock opened at $302.47 on Friday. The firm has a market capitalization of $116.18 billion, a P/E ratio of 76.00, a P/E/G ratio of 1.29 and a beta of 2.03. Vertiv Holdings Co. has a twelve month low of $110.06 and a twelve month high of $379.93. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The stock’s fifty day simple moving average is $316.12 and its 200 day simple moving average is $244.41.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping 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%.Vertiv’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the company 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, sell-side analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Dividend Announcement

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 given a dividend of $0.0625 per share. The ex-dividend date is Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is currently 6.28%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Sanford C. Bernstein assumed coverage on Vertiv in a report on Tuesday. They set an “outperform” rating and a $416.00 price target for the company. HSBC assumed coverage on Vertiv in a report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price target for the company. Roth Mkm reissued a “buy” rating and set a $355.00 price target on shares of Vertiv in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. boosted their price target on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have given a Hold rating and one has issued 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 $326.39.

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.