Hsbc Holdings PLC Boosts Stock Holdings in Vertiv Holdings Co. $VRT

Hsbc Holdings PLC grew its stake in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 63.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 463,294 shares of the company’s stock after buying an additional 180,538 shares during the quarter. Hsbc Holdings PLC owned 0.12% of Vertiv worth $75,201,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Hohimer Wealth Management LLC grew its position in Vertiv by 0.8% during the 4th quarter. Hohimer Wealth Management LLC now owns 6,264 shares of the company’s stock worth $1,015,000 after acquiring an additional 48 shares during the last quarter. Waterfront Wealth Inc. lifted its position in Vertiv by 2.5% in the fourth quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock valued at $365,000 after purchasing an additional 56 shares during the last quarter. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after purchasing an additional 56 shares during the period. Balance Wealth LLC boosted its stake in shares of Vertiv by 2.8% during the fourth quarter. Balance Wealth LLC now owns 2,089 shares of the company’s stock valued at $338,000 after purchasing an additional 57 shares during the period. Finally, Legacy Capital Group California Inc. grew its holdings in shares of Vertiv by 3.2% in the fourth quarter. Legacy Capital Group California Inc. now owns 1,859 shares of the company’s stock worth $301,000 after purchasing an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Up 7.5%

Shares of Vertiv stock opened at $357.93 on Tuesday. 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 company’s fifty day simple moving average is $322.97 and its two-hundred day simple moving average is $251.27. The company has a market cap of $137.48 billion, a P/E ratio of 89.93, a PEG ratio of 1.44 and a beta of 2.04. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93.

Vertiv (NYSE:VRTGet Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same period in the prior year, the business earned $0.64 EPS. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors 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 of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio is presently 6.28%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. HSBC started coverage on shares of Vertiv in a research note on Wednesday, March 25th. They issued a “buy” rating and a $325.00 target price on the stock. Jefferies Financial Group reissued a “hold” rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. Evercore restated an “outperform” rating and issued a $425.00 price objective on shares of Vertiv in a research report on Tuesday, May 12th. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Finally, Royal Bank Of Canada raised their target price on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $326.39.

Get Our Latest Stock Analysis on Vertiv

Vertiv Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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