Northwestern Mutual Wealth Management Co. Purchases 29,403 Shares of Vertiv Holdings Co. $VRT

Northwestern Mutual Wealth Management Co. grew its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 34.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 114,072 shares of the company’s stock after purchasing an additional 29,403 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vertiv were worth $38,193,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp raised its holdings in Vertiv by 2.8% in the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock valued at $1,408,661,000 after buying an additional 235,577 shares during the last quarter. Geode Capital Management LLC boosted its position in Vertiv by 2.1% during 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. Invesco Ltd. grew its holdings in Vertiv by 2.1% during the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after acquiring an additional 121,618 shares during the last quarter. Norges Bank bought a new stake in Vertiv during the 4th quarter worth approximately $808,701,000. Finally, Wellington Management Group LLP increased its position in Vertiv by 14.1% in the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after acquiring an additional 468,380 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Vertiv Trading Down 0.9%

NYSE:VRT opened at $256.48 on Wednesday. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The firm’s fifty day moving average is $285.51 and its 200-day moving average is $290.50. The firm has a market cap of $98.74 billion, a P/E ratio of 58.03, a P/E/G ratio of 1.06 and a beta of 2.07.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Bank of America boosted their price objective on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Citigroup decreased their price objective on Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Roth Capital reaffirmed a “buy” rating and set a $355.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Finally, Weiss Ratings downgraded Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $357.83.

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.