Tempo Wealth LLC bought a new stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,299 shares of the company’s stock, valued at approximately $858,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC grew its stake in shares of Vertiv by 25.9% during the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after purchasing an additional 2,377 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Vertiv in the 2nd quarter worth approximately $567,000. Cary Street Partners Financial LLC lifted its stake in shares of Vertiv by 19.8% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after purchasing an additional 230 shares during the period. Bank of Nova Scotia boosted its holdings in shares of Vertiv by 49.7% in the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after buying an additional 9,712 shares during the last quarter. Finally, Ossiam purchased a new position in shares of Vertiv in the second quarter worth approximately $50,000. 89.92% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
VRT has been the subject of a number of research reports. The Goldman Sachs Group upped their target price on shares of Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Morgan Stanley boosted their price objective on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Royal Bank Of Canada upped their price objective on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. TD Cowen raised their target price on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Loop Capital assumed coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.
Vertiv Stock Up 5.0%
Shares of VRT stock opened at $333.49 on Friday. The company’s fifty day simple moving average is $320.50 and its two-hundred day simple moving average is $248.93. Vertiv Holdings Co. has a 52 week low of $110.06 and a 52 week high of $379.93. The stock has a market cap of $128.10 billion, a P/E ratio of 83.79, a PEG ratio of 1.37 and a beta of 2.03. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.
Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the business posted $0.64 earnings per share. The business’s quarterly 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. Analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.
Vertiv Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is currently 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.
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