AI (artificial intelligence) stock Vertiv Holdings (VRT) has risen 31% over the past year, fueled by the demand for the company’s energy-efficient cooling and power solutions that are needed to support the ongoing AI boom. The data center infrastructure stock has advanced more than 4% year-to-date, as concerns about a slowdown in AI spending have eased. Given the growing interest in Vertiv stock, let’s look at the ownership structure of this AI play.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Interestingly, according to TipRanks’ ownership page, institutional investors (mutual funds, ETFs, and other institutional investors) hold the largest share of Vertiv Holdings at 63.1%. They are followed by public companies and individual investors, owning 35.2%. Meanwhile, insiders hold about 1.7% of VRT stock.
Digging Deeper into Vertiv’s Ownership Structure
Looking closely at top shareholders, Vanguard owns the highest stake in Vertiv Holdings at 9.4%. Vanguard Index Funds comes second, with an 8.92% stake.
Among the top ETF holders, the Vanguard Total Stock Market ETF (VTI) owns a 3.2% stake in VRT stock, followed by the Vanguard Mid-Cap ETF (VO), with a 2.17% stake.
Moving to mutual funds, Vanguard Index Funds holds about 8.92% of VRT. Meanwhile, Fidelity Concord Street Trust owns 1.06% of the AI infrastructure company.
Is Vertiv a Good Stock to Buy?
Turning to Wall Street, Vertiv Holdings stock scores a Strong Buy consensus rating based on 12 Buys and two Holds. The average VRT stock price target of $116.93 indicates 1.4% downside risk from current levels.
