OP Asset Management Ltd Invests $119.63 Million in Vertiv Holdings Co. $VRT

OP Asset Management Ltd bought a new position in Vertiv Holdings Co. (NYSE:VRT) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 477,425 shares of the company’s stock, valued at approximately $119,633,000. Vertiv makes up 1.2% of OP Asset Management Ltd’s holdings, making the stock its 14th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise increased its stake in Vertiv by 1.4% in the 1st quarter. Banque Cantonale Vaudoise now owns 13,124 shares of the company’s stock worth $3,288,000 after acquiring an additional 185 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Vertiv by 79.8% during the 1st quarter. Assenagon Asset Management S.A. now owns 289,655 shares of the company’s stock valued at $72,582,000 after acquiring an additional 128,571 shares during the last quarter. Nautilus Advisors LLC grew its holdings in shares of Vertiv by 2.7% in the first quarter. Nautilus Advisors LLC now owns 2,199 shares of the company’s stock valued at $551,000 after purchasing an additional 57 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of Vertiv by 42.6% in the first quarter. CENTRAL TRUST Co now owns 3,228 shares of the company’s stock valued at $809,000 after purchasing an additional 965 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. bought a new stake in Vertiv in the first quarter worth $246,000. 89.92% of the stock is owned by institutional investors.

Vertiv Stock Down 0.9%

Shares of NYSE:VRT opened at $315.32 on Thursday. The firm has a market capitalization of $121.12 billion, a PE ratio of 79.23, a price-to-earnings-growth ratio of 1.38 and a beta of 2.03. The business has a 50 day simple moving average of $323.75 and a two-hundred day simple moving average of $253.18. Vertiv Holdings Co. has a 1 year low of $110.06 and a 1 year high of $379.93. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share 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 for the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the prior year, the business posted $0.64 earnings per share. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, equities analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Announces Dividend

The firm 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 dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is 6.28%.

Wall Street Analysts Forecast Growth

VRT has been the topic of a number of recent research reports. BNP Paribas Exane assumed coverage on shares of Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. JPMorgan Chase & Co. boosted their target price on shares of Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Bank of America upped their target price on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Glj Research raised shares of Vertiv from a “sell” rating to a “hold” rating in a report on Thursday, June 18th. Finally, HSBC initiated coverage on Vertiv in a research report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $326.39.

About Vertiv

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.