Fifth Third Wealth Advisors LLC Purchases 3,320 Shares of Vertiv Holdings Co. $VRT

Fifth Third Wealth Advisors LLC increased its position in Vertiv Holdings Co. (NYSE:VRT) by 139.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,695 shares of the company’s stock after buying an additional 3,320 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Vertiv were worth $1,427,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC grew its holdings in Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares during the last quarter. Sankala Group LLC bought a new position in shares of Vertiv during the fourth quarter valued at about $27,000. Meeder Asset Management Inc. boosted its holdings in shares of Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares during the period. Rossby Financial LCC purchased a new stake in shares of Vertiv during the fourth quarter worth about $27,000. Finally, Park Place Capital Corp grew its stake in shares of Vertiv by 624.0% in the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after purchasing an additional 156 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on VRT. Sanford C. Bernstein assumed coverage on Vertiv in a research report on Tuesday, June 9th. They set an “outperform” rating and a $416.00 price target for the company. Royal Bank Of Canada lifted their price objective on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Roth Mkm reissued a “buy” rating and set a $355.00 target price on shares of Vertiv in a research note on Thursday, May 21st. Oppenheimer upped their target price on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, Citigroup raised their price target on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and a consensus target price of $326.39.

Vertiv Stock Up 2.8%

VRT stock opened at $325.15 on Friday. Vertiv Holdings Co. has a fifty-two week low of $110.06 and a fifty-two week high of $379.93. The business’s 50 day moving average price is $324.04 and its two-hundred day moving average price is $254.14. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The company has a market capitalization of $124.89 billion, a price-to-earnings ratio of 81.70, a price-to-earnings-growth ratio of 1.37 and a beta of 2.03.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. Vertiv’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period last year, the business 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, analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Announces Dividend

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

Vertiv 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.