EFG International AG Reduces Position in Vertiv Holdings Co. $VRT

Key Points

• EFG International AG reduced its Vertiv position by 8.4% in the second quarter, selling 8,113 shares and retaining 88,972 shares valued at approximately $29.8 million. Institutional investors collectively own nearly 90% of Vertiv’s stock.
• Vertiv reported quarterly EPS of $1.52, beating expectations of $1.43, while revenue rose 24.1% year over year to $3.27 billion but fell short of estimates. The company issued third-quarter 2026 EPS guidance of $1.77–$1.83 and full-year guidance of $6.65–$6.75.
• Analysts remain broadly positive, with a consensus “Buy” rating and an average price target of $357.83, compared with the stock’s reported price of $255.52. Vertiv also pays a quarterly dividend of $0.0625, equivalent to a 0.1% annual yield.

EFG International AG reduced its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 8.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,972 shares of the company's stock after selling 8,113 shares during the period. EFG International AG's holdings in Vertiv were worth $29,778,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp raised its stake in Vertiv by 2.8% in the fourth quarter. State Street Corp now owns 8,694,900 shares of the company's stock valued at $1,408,661,000 after buying an additional 235,577 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Vertiv by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company's stock worth $1,141,723,000 after buying an additional 143,821 shares during the last quarter. Invesco Ltd. boosted its position in shares of Vertiv by 2.1% during the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company's stock worth $967,881,000 after acquiring an additional 121,618 shares in the last quarter. Norges Bank purchased a new position in shares of Vertiv in the 4th quarter valued at about $808,701,000. Finally, Northern Trust Corp increased its holdings in shares of Vertiv by 3.6% in the 4th quarter. Northern Trust Corp now owns 2,811,745 shares of the company's stock valued at $455,531,000 after acquiring an additional 97,141 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Stock Up 0.2%

Shares of NYSE:VRT opened at $255.52 on Wednesday. Vertiv Holdings Co. has a 1-year low of $118.70 and a 1-year high of $379.93. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The stock has a market cap of $98.37 billion, a P/E ratio of 57.81, a P/E/G ratio of 1.05 and a beta of 2.06. The firm has a fifty day moving average price of $292.63 and a 200 day moving average price of $288.52.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating analysts' consensus estimates of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period in the previous year, the business posted $0.95 earnings per share. Vertiv'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 year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv's payout ratio is 5.66%.

Analyst Ratings Changes

Several research firms recently weighed in on VRT. Evercore set a $375.00 target price on Vertiv in a research note on Wednesday, July 29th. Wall Street Zen lowered shares of Vertiv from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 20th. Glj Research raised shares of Vertiv from a "hold" rating to a "buy" rating and set a $381.00 price objective on the stock in a report on Friday, August 7th. TD Cowen boosted their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a "buy" rating in a research report on Wednesday, May 20th. Finally, Piper Sandler set a $375.00 price objective on shares of Vertiv in a research report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $357.83.

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.

Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRT - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source