OLD National Bancorp IN Has $7.91 Million Stock Position in Vertiv Holdings Co. $VRT

Key Points

• OLD National Bancorp IN increased its stake in Vertiv by 20.5% in Q4, owning 48,808 shares valued at about $7.91 million after buying an additional 8,316 shares.
• Vertiv reported a strong Q1 (adjusted EPS $1.17 vs. $1.00 consensus and $2.65B revenue), raised FY‑2026 guidance, and received multiple analyst upgrades and higher price targets, supporting a consensus view of Moderate Buy.
• Despite heavy institutional ownership (~89.9%), insiders have been net sellers recently — 489,761 shares sold in the last 90 days (≈$123.36M), including large sales by a director and the chairman.

OLD National Bancorp IN raised its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 20.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,808 shares of the company's stock after buying an additional 8,316 shares during the quarter. OLD National Bancorp IN's holdings in Vertiv were worth $7,907,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRT. Schroder Investment Management Group grew its holdings in Vertiv by 148.0% in the 3rd quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company's stock valued at $275,885,000 after buying an additional 1,091,210 shares during the last quarter. Federated Hermes Inc. grew its holdings in Vertiv by 934.8% in the 3rd quarter. Federated Hermes Inc. now owns 1,098,150 shares of the company's stock valued at $165,667,000 after buying an additional 992,031 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Vertiv by 49.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company's stock valued at $361,033,000 after buying an additional 930,158 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in Vertiv in the 3rd quarter valued at approximately $125,331,000. Finally, Vanguard Group Inc. grew its holdings in Vertiv by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company's stock valued at $5,858,352,000 after buying an additional 826,281 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Key Stories Impacting Vertiv

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Q1 beat and guidance raise — Vertiv reported Q1 adjusted EPS of $1.17 (well above consensus) and revenue of $2.65B, with improving margins and strong cash flow; management raised FY‑2026 EPS and set a solid FY revenue range, supporting the bullish move. Vertiv Raises Outlook After Strong Q1 as Margins Improve, UBS Says
• Positive Sentiment: Strong underlying metrics — operating profit, adjusted operating margin and free‑cash‑flow all improved materially year‑over‑year, driven by data‑center power demand and higher pricing power. Vertiv Reports Strong First Quarter with Diluted EPS Growth of 136%
• Positive Sentiment: Analyst upgrade — Morgan Stanley bumped its price target to $350 and kept an overweight stance, reinforcing buy-side momentum after the quarter. Benzinga
• Neutral Sentiment: Wall‑street commentary and coverage — several outlets and broker notes (RBC, Zacks, Seeking Alpha analyses) highlight Vertiv’s long‑term AI/data‑center growth opportunity while also flagging elevated valuation after a large run-up. Vertiv Q1 Earnings Beat Estimates, Net Sales Rise Y/Y, Shares Rise
• Negative Sentiment: Near‑term revenue guide slightly soft — Q2 revenue midpoint was issued a bit below some analyst estimates, which could temper upside in the next quarter if regional headwinds persist. VRT Q1 Deep Dive: Data Center Demand Drives Growth, Guidance Faces Near-Term Challenges
• Negative Sentiment: Market concerns about regional softness and valuation — reports note EMEA weakness and commentary about “peak growth/peak valuation” after the stock’s rapid gains; some traders increased put buying into the print. Vertiv: Mounting Worries Of Peak Growth And Peak Valuation

Insider Buying and Selling

In related news, Director Edward L. Monser sold 77,294 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $245.49, for a total value of $18,974,904.06. Following the transaction, the director directly owned 16,500 shares in the company, valued at $4,050,585. This represents a 82.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman David M. Cote sold 40,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the completion of the transaction, the chairman owned 22,258 shares in the company, valued at $5,682,244.82. This represents a 64.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 489,761 shares of company stock worth $123,356,815. 2.63% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on VRT shares. Weiss Ratings raised Vertiv from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, February 13th. The Goldman Sachs Group lifted their price objective on Vertiv from $277.00 to $311.00 and gave the company a "buy" rating in a report on Tuesday, April 14th. Roth Mkm reissued a "buy" rating and issued a $335.00 target price on shares of Vertiv in a report on Thursday, April 16th. Morgan Stanley raised their target price on Vertiv from $285.00 to $350.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Citigroup boosted their price target on Vertiv from $340.00 to $353.00 and gave the company a "buy" rating in a research note on Thursday. Twenty-one investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $272.43.

Vertiv Price Performance

Shares of VRT stock opened at $321.60 on Friday. Vertiv Holdings Co. has a 1 year low of $80.00 and a 1 year high of $325.25. The firm's 50 day moving average is $266.67 and its 200-day moving average is $208.41. The firm has a market capitalization of $123.04 billion, a price-to-earnings ratio of 80.80, a PEG ratio of 1.49 and a beta of 2.04. The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.73.

Vertiv (NYSE:VRT - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 52.45%. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same period in the prior year, the business earned $0.64 earnings per share. Vertiv's quarterly revenue was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Sell-side analysts forecast that Vertiv Holdings Co. will post 6.35 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv's dividend payout ratio (DPR) is 7.33%.

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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