Sit Investment Associates Inc. Has $8.59 Million Stock Position in Vertiv Holdings Co. $VRT

by · The Cerbat Gem

Sit Investment Associates Inc. reduced its holdings in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,998 shares of the company’s stock after selling 2,175 shares during the period. Sit Investment Associates Inc.’s holdings in Vertiv were worth $8,586,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Vermillion & White Wealth Management Group LLC increased its holdings in shares of Vertiv by 58.3% in the 4th 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. 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 acquired a new stake in shares of Vertiv during the fourth quarter worth approximately $27,000. Park Place Capital Corp grew its position in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Vertiv during the fourth quarter valued at approximately $29,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Stock Performance

VRT opened at $333.49 on Friday. The firm has a market capitalization of $128.10 billion, a P/E ratio of 83.79, a price-to-earnings-growth ratio of 1.37 and a beta of 2.03. The stock’s 50 day moving average price is $320.50 and its two-hundred day moving average price is $248.93. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93.

Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly 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 company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same period in the previous year, the company earned $0.64 earnings per share. The company’s quarterly 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, equities analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have issued reports on VRT. Glj Research upgraded shares of Vertiv from a “sell” rating to a “hold” rating in a research report on Thursday. Royal Bank Of Canada increased their price objective on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Morgan Stanley boosted their target price on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. BNP Paribas Exane initiated coverage on Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target for the company. Finally, Oppenheimer lifted their price target on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.

Read Our Latest Research Report on Vertiv

Vertiv 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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