Prestige Wealth Management Group LLC cut its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 31.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,293 shares of the company’s stock after selling 2,467 shares during the quarter. Prestige Wealth Management Group LLC’s holdings in Vertiv were worth $858,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings 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 in the last quarter. State Street Corp raised its holdings 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 in the last quarter. Geode Capital Management LLC grew its position in shares of Vertiv by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after buying an additional 143,821 shares during the period. Norges Bank purchased a new stake in shares of Vertiv in the 4th quarter worth about $808,701,000. Finally, American Century Companies Inc. grew its position in shares of 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 buying an additional 491,349 shares during the period. 89.92% of the stock is currently owned by institutional investors.
More Vertiv News
Here are the key news stories impacting Vertiv this week:
- Positive Sentiment: Vertiv launched PurgeRite NearZero, a new fluid-management service designed to cut water, wastewater, and hauling needs in AI-ready data centers, reinforcing its role in the fast-growing AI infrastructure market. Vertiv Expands Fluid Management Services to Help Reduce Water Use During Data Center Fluid System Commissioning
- Positive Sentiment: Analyst commentary highlighted Vertiv as a beneficiary of ongoing digitization, stronger hybrid-working infrastructure demand, and improving IT spending, which supports the stock’s momentum. 3 IT Services Stocks to Buy Right Now From a Challenging Industry
- Positive Sentiment: Another bullish note pointed to Vertiv’s strong one-year run, driven by AI-related data center demand, acquisitions, and NVIDIA ties, although the stock is trading at a premium valuation. Should You Buy, Sell, or Hold VRT Stock After a 195% Rise in One Year?
- Neutral Sentiment: Vertiv declared a small quarterly dividend of $0.0625 per share, which is a routine capital-return update and likely has limited impact on the stock near term. Vertiv Declares Quarterly Dividend
Wall Street Analyst Weigh In
Read Our Latest Stock Report on Vertiv
Vertiv Stock Performance
Shares of VRT stock opened at $324.51 on Friday. Vertiv Holdings Co. has a one year low of $107.38 and a one year high of $379.93. The company’s 50-day moving average is $311.17 and its 200 day moving average is $239.44. The company has a market capitalization of $124.65 billion, a price-to-earnings ratio of 81.53, a price-to-earnings-growth ratio of 1.43 and a beta of 2.03. 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 – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company 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 firm posted $0.64 EPS. Vertiv’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. Sell-side analysts expect that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.
Vertiv Announces Dividend
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. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio is 6.28%.
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.
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