California State Teachers Retirement System Purchases 184,944,978 Shares of Vertiv Holdings Co. $VRT

Key Points

• California State Teachers Retirement System dramatically increased its Vertiv stake, purchasing 184.9 million additional shares in the second quarter and ending with approximately 48.18% ownership valued at $62.1 billion. Institutional investors collectively own 89.92% of Vertiv.
• Vertiv reported strong year-over-year growth, with second-quarter EPS of $1.52 exceeding estimates and revenue rising 24.1% to $3.27 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $357.83, although the stock trades at a high valuation.
• The company declared a quarterly dividend of $0.0625 per share, representing a 0.1% annualized yield, while a director sold 15,287 shares worth about $3.88 million under a pre-arranged Rule 10b5-1 plan.

California State Teachers Retirement System grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 33,242.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 185,501,329 shares of the company's stock after purchasing an additional 184,944,978 shares during the quarter. California State Teachers Retirement System owned about 48.18% of Vertiv worth $62,109,555,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sachetta LLC grew its stake in Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company's stock valued at $31,000 after buying an additional 36 shares in the last quarter. Cornerstone Planning Group LLC lifted its position in shares of Vertiv by 60.5% during the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company's stock worth $33,000 after acquiring an additional 49 shares in the last quarter. GoalVest Advisory LLC boosted its holdings in shares of Vertiv by 87.3% in the second quarter. GoalVest Advisory LLC now owns 148 shares of the company's stock worth $50,000 after acquiring an additional 69 shares during the period. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company's stock worth $25,000 after acquiring an additional 56 shares during the period. Finally, Center for Financial Planning Inc. grew its position in shares of Vertiv by 554.2% in the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company's stock valued at $39,000 after purchasing an additional 133 shares in the last quarter. Institutional investors own 89.92% of the company's stock.

Vertiv Price Performance

Shares of Vertiv stock opened at $280.76 on Monday. Vertiv Holdings Co. has a 52-week low of $118.70 and a 52-week high of $379.93. The stock has a market capitalization of $108.09 billion, a price-to-earnings ratio of 63.52, a price-to-earnings-growth ratio of 1.15 and a beta of 2.07. The company has a fifty day moving average of $282.72 and a 200-day moving average of $291.20. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38.

Vertiv (NYSE:VRT - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts' consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion for the quarter, compared to analysts' expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm's revenue was up 24.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities research analysts expect that Vertiv Holdings Co. will post 6.72 EPS for the current year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Monday, September 14th will be issued a $0.0625 dividend. The ex-dividend date is Monday, September 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv's payout ratio is currently 5.66%.

Insider Buying and Selling at Vertiv

In related news, Director Edward Monser sold 15,287 shares of the firm's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the transaction, the director directly owned 16,500 shares in the company, valued at $4,188,030. This trade represents a 48.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Bank of America boosted their price objective on Vertiv from $370.00 to $440.00 and gave the company a "buy" rating in a research note on Friday, May 15th. KeyCorp reduced their target price on Vertiv from $360.00 to $325.00 and set an "overweight" rating for the company in a report on Thursday, July 30th. Roth Capital reiterated a "buy" rating and set a $355.00 price target on shares of Vertiv in a research report on Thursday, May 21st. Zacks Research downgraded shares of Vertiv from a "strong-buy" rating to a "hold" rating in a report on Monday, August 31st. Finally, Oppenheimer restated an "outperform" rating and issued a $325.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Two research 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.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $357.83.

More Vertiv News

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: AI power infrastructure expansion: Vertiv will pay approximately $1.45 billion in cash at closing, with up to $1.15 billion in additional payments tied to 12- and 24-month earnings targets. UIG adds microgrid controls, onsite-generation orchestration, switchgear and behind-the-meter power capabilities, extending Vertiv’s offering from the electrical grid to the data-center chip. Management expects the acquisition to be accretive to adjusted earnings per share in the first year after closing. Vertiv’s UIG Deal Targets the Next Big Constraint in AI Data Centers
• Positive Sentiment: Strong AI-driven growth narrative: Recent analysis highlights Vertiv’s 60% year-over-year adjusted EPS growth in the second quarter, higher full-year guidance, doubled deferred revenue and expected third-quarter revenue growth of roughly 40%. Its technical integration with NVIDIA and expanding cooling and power portfolio continue to support investor enthusiasm. Vertiv Holdings: The Market Is Making The Same Mistake Twice, Still A Buy
• Positive Sentiment: Positive analyst and institutional sentiment: Vertiv retains a consensus “Moderate Buy” rating, while reports point to strong interest from billionaire-led funds and potential competitive advantages over other AI cooling and infrastructure providers. Vertiv Receives Moderate Buy Consensus
• Neutral Sentiment: Valuation remains demanding: Analysts view Vertiv’s growth prospects favorably, but the stock’s elevated earnings multiple leaves limited room for execution disappointments and makes future gains dependent on continued strong AI infrastructure growth. Vertiv AI Infrastructure Growth and Valuation
• Negative Sentiment: Insider sale: Director Edward Monser sold 15,287 shares worth approximately $3.88 million under a pre-arranged Rule 10b5-1 plan. The planned nature limits its significance, but the transaction reduced his direct ownership by about 48%. Vertiv Director Insider Sale

Vertiv Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.