New York, May 26, 2026, 09:04 EDT
- New Age Alpha picked up shares in Vertiv, but both Intermede and Nixon Peabody lowered stakes, recent 13F filings show.
- Vertiv boosted its 2026 guidance, fueled by demand for data-center power and cooling equipment. The changes follow that move.
- The stock is still priced high, which gives it less cushion if AI infrastructure spending drops.
Vertiv Holdings is back on institutional radars this week as new filings revealed New Age Alpha Advisors increased its stake. Two other money managers cut their holdings in the data-center equipment maker, which has seen shares move with the AI infrastructure trade.
Vertiv’s split comes as the company is firmly in play on one of the market’s hottest stories: AI data center buildouts that need power and cooling gear for heavy server loads. Last month, Vertiv posted first-quarter net sales of $2.65 billion, up 30% on the year, and boosted its full-year 2026 outlook.
Vertiv stock was steady at $327.46 in early New York trading before the main session. The company’s market cap hovered near $128.4 billion. Vertiv was priced at over 82 times earnings, according to data.
New Age Alpha Advisors boosted its stake in Vertiv by 466% in the fourth quarter, adding 24,700 shares to reach 30,000 shares worth $4.86 million, according to MarketBeat. The firm reported holding 30,000 Vertiv shares as of Dec. 31 in its Form 13F filing.
Intermede Investment Partners cut its stake in Vertiv in the fourth quarter, selling 103,338 shares. The London manager trimmed its Vertiv holding by 30.4% to 236,210 shares, worth around $38.3 million, according to a report and SEC filing text. Vertiv made up roughly 1.6% of the Intermede portfolio at quarter-end.
Nixon Peabody Trust Co. cut its Vertiv stake, a May 23 report said. The Boston-based trust company sold 17,115 shares, shrinking its position by 23%. That left it with 57,281 Vertiv shares worth about $9.28 million.
These filings aren’t real-time trading logs. Form 13F just shows positions as of the filing date, and the SEC says that shouldn’t replace seeing the full reports. That lag is important when a stock is moving as much as Vertiv.
Management is talking up demand. Chief Executive Giordano Albertazzi said customers want “optimized design, deployment speed, and operational efficiency.” Executive Chairman Dave Cote pointed to a “competitive position that compounds over time” during the quarter. Vertiv Holdings
Analysts are mostly positive but not all agree. MarketBeat listed 27 analysts with a “Moderate Buy” consensus and an average price target of $322.32, which is just under the May 22 close given on the same page. Royal Bank of Canada earlier this month raised its target to $435 and stuck with its outperform call. MarketBeat
Schneider Electric said its India data-center business will likely grow faster than its main group as AI pushes up demand. Competition is rising. Eaton moved to buy Boyd Thermal for $9.5 billion last year for more data-center cooling. Vertiv agreed in November to buy PurgeRite for about $1 billion, adding to its liquid-cooling offerings.
Investors may be ahead of themselves, with little room for Vertiv to slip. The company’s warnings point to shaky demand from customer markets, long sales cycles, and order swings or cancellations that are hard to predict. A slowdown in data-center spending or any move away from current cooling tech could hit the stock, which is priced as if growth will keep going.
Right now, investor filings aren’t showing a clear rotation into Vertiv or a mass exit. Instead, disclosures point to a mixed picture: a few fund managers picking up more of the AI infrastructure play, while some are cashing out gains after its latest rally.
