Ibex Wealth Advisors Acquires 1,761 Shares of Vertiv Holdings Co. $VRT

Ibex Wealth Advisors boosted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 1.8% in the fourth quarter, HoldingsChannel reports. The firm owned 97,619 shares of the company’s stock after purchasing an additional 1,761 shares during the period. Vertiv makes up about 1.5% of Ibex Wealth Advisors’ investment portfolio, making the stock its 12th biggest holding. Ibex Wealth Advisors’ holdings in Vertiv were worth $15,815,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Vertiv by 2.2% during the third quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock valued at $5,858,352,000 after acquiring an additional 826,281 shares in the last quarter. State Street Corp increased its holdings in shares of Vertiv by 2.8% during the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock valued at $1,408,661,000 after acquiring an additional 235,577 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Vertiv by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after acquiring an additional 143,821 shares in the last quarter. Norges Bank bought a new stake in shares of Vertiv during the fourth quarter valued at approximately $808,701,000. Finally, American Century Companies Inc. increased its holdings in shares of Vertiv by 16.7% during the third quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock valued at $517,715,000 after acquiring an additional 491,349 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Sanford C. Bernstein assumed coverage on Vertiv in a research note on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price objective for the company. TD Cowen increased their price target on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. HSBC assumed 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. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.

Vertiv Trading Down 3.9%

NYSE VRT opened at $299.61 on Wednesday. The firm has a market capitalization of $115.08 billion, a P/E ratio of 75.28, a PEG ratio of 1.35 and a beta of 2.03. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The business has a fifty day simple moving average of $317.89 and a 200 day simple moving average of $246.83. Vertiv Holdings Co. has a 12 month low of $110.06 and a 12 month 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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date 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.