Sycomore Asset Management Invests $12.42 Million in Vertiv Holdings Co. $VRT

Sycomore Asset Management bought a new position in Vertiv Holdings Co. (NYSE:VRT) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 76,651 shares of the company’s stock, valued at approximately $12,418,000. Vertiv accounts for 1.7% of Sycomore Asset Management’s investment portfolio, making the stock its 20th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of VRT. Empowered Funds LLC boosted its holdings in shares of Vertiv by 25.9% in the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock worth $834,000 after purchasing an additional 2,377 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Vertiv during the 2nd quarter worth approximately $567,000. Cary Street Partners Financial LLC lifted its stake in shares of Vertiv by 19.8% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after acquiring an additional 230 shares during the last quarter. Bank of Nova Scotia lifted its stake in shares of Vertiv by 49.7% during the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after acquiring an additional 9,712 shares during the last quarter. Finally, Ossiam bought a new stake in shares of Vertiv during the 2nd quarter worth approximately $50,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Up 6.0%

Shares of VRT opened at $297.80 on Friday. Vertiv Holdings Co. has a 52 week low of $108.81 and a 52 week high of $379.93. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $114.39 billion, a price-to-earnings ratio of 74.82, a PEG ratio of 1.22 and a beta of 2.03. The stock’s 50-day moving average price is $315.26 and its 200-day moving average price is $244.00.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the prior year, the business earned $0.64 earnings per share. The company’s revenue was up 30.1% compared to the same quarter last year. 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, sell-side analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

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

Analysts Set New Price Targets

VRT has been the subject of several recent research reports. TD Cowen boosted their price target on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Mizuho set a $380.00 price target on Vertiv in a research report on Thursday, May 21st. BNP Paribas Exane started coverage on Vertiv in a research report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 target price on the stock. Loop Capital started coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 target price on the stock. Finally, Barclays upped their target price on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. 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 assigned a Sell rating to the stock. According to MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and an average price target of $326.39.

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.