Eventide Asset Management LLC Purchases 102,447 Shares of Vertiv Holdings Co. $VRT

Eventide Asset Management LLC grew its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 2,884.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 105,999 shares of the company’s stock after acquiring an additional 102,447 shares during the period. Eventide Asset Management LLC’s holdings in Vertiv were worth $17,180,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Meeder Asset Management Inc. increased its position in shares of Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares during the last quarter. Rossby Financial LCC bought a new position in shares of Vertiv during the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Vertiv during the 4th quarter valued at about $29,000. Park Place Capital Corp increased its position in shares of Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its position in shares of Vertiv by 98.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Vertiv Stock Down 0.1%

Shares of NYSE:VRT opened at $302.47 on Monday. Vertiv Holdings Co. has a 52-week low of $110.06 and a 52-week high of $379.93. The firm has a market capitalization of $116.18 billion, a P/E ratio of 76.00, a P/E/G ratio of 1.31 and a beta of 2.04. The stock has a 50 day moving average price of $316.12 and a 200-day moving average price of $244.94. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49.

Vertiv (NYSE:VRT) last announced its 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 return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the prior year, the company earned $0.64 EPS. The business’s 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. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be given a $0.0625 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is currently 6.28%.

Analyst Upgrades and Downgrades

VRT has been the topic of several recent research reports. Weiss Ratings lowered Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Loop Capital initiated coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective on the stock. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. HSBC initiated coverage on Vertiv in a research report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price objective on the stock. Finally, Citigroup increased their price objective on Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.