Daiwa Securities Group Inc. Has $11.23 Million Stake in Vertiv Holdings Co. $VRT

by · The Markets Daily

Daiwa Securities Group Inc. trimmed its stake in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 53.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 69,300 shares of the company’s stock after selling 77,993 shares during the period. Daiwa Securities Group Inc.’s holdings in Vertiv were worth $11,227,000 at the end of the most recent reporting period.

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

Vertiv Trading Down 7.2%

VRT opened at $300.44 on Friday. The firm’s fifty day moving average is $311.65 and its two-hundred day moving average is $239.87. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The firm has a market cap of $115.40 billion, a PE ratio of 75.49, a price-to-earnings-growth ratio of 1.30 and a beta of 2.03. Vertiv Holdings Co. has a twelve month low of $107.38 and a twelve month high of $379.93.

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

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a $0.0625 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 6.28%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VRT. Bank of America upped their target price on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Mizuho set a $380.00 price target on shares of Vertiv in a research note on Thursday, May 21st. BNP Paribas Exane initiated coverage on shares of Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target for the company. TD Cowen boosted their price target on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Finally, Loop Capital initiated coverage on shares of Vertiv in a research note on Thursday, May 14th. They set a “buy” rating and a $500.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and an average price target of $322.32.

View Our Latest Stock Analysis on Vertiv

About Vertiv

(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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