Assenagon Asset Management S.A. Sells 218,158 Shares of Vertiv Holdings Co. $VRT

Key Points

• Assenagon Asset Management cut its Vertiv stake by 75.3% in the second quarter, selling 218,158 shares and retaining 71,497 shares valued at approximately $23.9 million. Institutional investors collectively own 89.92% of Vertiv.
• Analysts remain broadly bullish, with Vertiv receiving an average “Buy” rating and a consensus price target of $348.54; coverage includes three Strong Buy and 23 Buy ratings.
• Vertiv reported quarterly EPS of $1.52, exceeding estimates of $1.43, while revenue rose 24.1% year over year to $3.27 billion. The company issued Q3 2026 EPS guidance of $1.77–$1.83 and maintained a quarterly dividend of $0.0625 per share.

Assenagon Asset Management S.A. cut its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 75.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,497 shares of the company's stock after selling 218,158 shares during the period. Assenagon Asset Management S.A.'s holdings in Vertiv were worth $23,939,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC increased its holdings in Vertiv by 58.3% during 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 in the last quarter. Meeder Asset Management Inc. increased its position in Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company's stock valued at $27,000 after acquiring an additional 112 shares in the last quarter. Rossby Financial LCC bought a new stake in shares of Vertiv during the fourth quarter valued at approximately $27,000. Sankala Group LLC acquired a new stake in shares of Vertiv in the fourth quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Vertiv in the fourth quarter valued at approximately $29,000. 89.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on VRT. Robert W. Baird set a $320.00 price objective on Vertiv in a report on Thursday, July 30th. Loop Capital initiated coverage on shares of Vertiv in a research report on Thursday, May 14th. They set a "buy" rating and a $500.00 price target for the company. Sanford C. Bernstein restated an "outperform" rating and issued a $368.00 price target on shares of Vertiv in a research report on Friday, July 31st. Royal Bank Of Canada decreased their price objective on Vertiv from $418.00 to $337.00 and set an "outperform" rating for the company in a research note on Thursday, July 30th. Finally, Zacks Research upgraded Vertiv from a "hold" rating to a "strong-buy" rating in a report on Friday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Vertiv presently has an average rating of "Buy" and a consensus price target of $348.54.

Vertiv Price Performance

Shares of VRT opened at $272.71 on Monday. The stock has a 50 day simple moving average of $300.81 and a 200 day simple moving average of $281.06. 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 has a market capitalization of $104.99 billion, a PE ratio of 61.70, a P/E/G ratio of 1.12 and a beta of 2.06.

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

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date was 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 (DPR) is presently 5.66%.

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.

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