Himension Capital Singapore PTE. LTD. cut its stake in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 26.1% during the first quarter, HoldingsChannel reports. The firm owned 14,656 shares of the company’s stock after selling 5,185 shares during the quarter. Himension Capital Singapore PTE. LTD.’s holdings in Vertiv were worth $3,672,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of the stock. SFE Investment Counsel increased its position in shares of Vertiv by 1.1% during the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock valued at $765,000 after purchasing an additional 32 shares during the last quarter. Webster Bank N. A. raised its holdings in Vertiv by 6.9% during the 1st quarter. Webster Bank N. A. now owns 542 shares of the company’s stock valued at $136,000 after buying an additional 35 shares during the period. Sachetta LLC lifted its position in Vertiv by 41.4% in the first quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after buying an additional 36 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its position in Vertiv by 2.1% in the first quarter. Onyx Bridge Wealth Group LLC now owns 1,908 shares of the company’s stock worth $478,000 after buying an additional 40 shares during the last quarter. Finally, Quotient Wealth Partners LLC boosted its stake in Vertiv by 2.5% during the first quarter. Quotient Wealth Partners LLC now owns 1,813 shares of the company’s stock worth $454,000 after buying an additional 45 shares during the period. 89.92% of the stock is owned by institutional investors.
Vertiv Stock Performance
VRT stock opened at $304.73 on Wednesday. Vertiv Holdings Co. has a twelve month low of $118.70 and a twelve month high of $379.93. The firm has a market cap of $117.05 billion, a price-to-earnings ratio of 76.56, a PEG ratio of 1.26 and a beta of 2.03. The business’s fifty day simple moving average is $317.64 and its two-hundred day simple moving average is $272.03. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.
Vertiv Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.
Analyst Ratings Changes
A number of research firms have weighed in on VRT. TD Cowen boosted their price objective on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Glj Research upgraded shares of Vertiv from a “sell” rating to a “hold” rating in a report on Thursday, June 18th. Evercore reaffirmed an “outperform” rating and set a $425.00 price target on shares of Vertiv in a research note on Tuesday, May 12th. Loop Capital began coverage on shares of Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 price target on the stock. Finally, Weiss Ratings lowered shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $342.73.
Read Our Latest Research Report on Vertiv
Key Headlines Impacting Vertiv
Here are the key news stories impacting Vertiv this week:
- Positive Sentiment: Vertiv announced a major expansion at its Tognana campus in Italy to increase manufacturing and testing for data center cooling systems, with chiller production capacity expected to double by the end of 2026. The move supports rising demand tied to AI and high-density computing. Vertiv Expands Global Manufacturing Capacity for AI-Ready Data Center Cooling Solutions
- Positive Sentiment: Vertiv completed the acquisition of Strategic Thermal Labs, adding advanced liquid-cooling and cold-plate expertise that should strengthen its offerings for AI servers and other power-dense computing environments. Vertiv (VRT) Is Buying Strategic Thermal Labs For AI Cooling Growth
- Positive Sentiment: Separately, Zacks highlighted Vertiv as one of several stocks offering both AI exposure and dividend payouts, keeping the name on investors’ radar as an AI beneficiary with income appeal. These Stocks Offer AI Exposure and Dividend Payouts
- Neutral Sentiment: Vertiv has also been attracting unusual investor attention and media coverage, which can boost trading activity but does not by itself change the company’s fundamentals. Vertiv Holdings Co. (VRT) is Attracting Investor Attention: Here is What You Should Know
- Negative Sentiment: Jim Cramer’s “wait before buying the dip” comment is a cautious signal that may temper near-term enthusiasm, though it is more opinion than a direct company-specific warning. Jim Cramer says wait before buying the dip on Vertiv
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.
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