Thornburg Investment Management Inc. Sells 8,672 Shares of Vertiv Holdings Co. $VRT

Thornburg Investment Management Inc. reduced its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 6.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 133,658 shares of the company’s stock after selling 8,672 shares during the quarter. Thornburg Investment Management Inc.’s holdings in Vertiv were worth $21,654,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CreativeOne Wealth LLC boosted its stake in shares of Vertiv by 187.8% during the 3rd quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock worth $1,606,000 after acquiring an additional 6,947 shares during the period. Lingotto Investment Management LLP bought a new position in shares of Vertiv during the 4th quarter worth approximately $2,641,000. Sterling Investment Advisors Ltd. boosted its stake in shares of Vertiv by 26.1% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after acquiring an additional 4,645 shares during the period. Norges Bank bought a new position in shares of Vertiv during the 4th quarter worth approximately $808,701,000. Finally, WD Rutherford LLC lifted its holdings in Vertiv by 80.7% during the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after purchasing an additional 6,734 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Vertiv Price Performance

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

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $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, equities analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is 6.28%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on VRT shares. The Goldman Sachs Group lifted their price target on Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. JPMorgan Chase & Co. lifted 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. Citigroup lifted their price target on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Finally, Mizuho set a $380.00 price target on Vertiv in a report on Thursday, May 21st. Three 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. Based on data from MarketBeat, the company presently has an average 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.