Legal & General Group Plc Increases Stake in Vertiv Holdings Co.

Institutional investor adds over 100,000 shares of data center equipment maker

Mar. 12, 2026 at 10:21am

Got story updates? Submit your updates here. ›

Legal & General Group Plc, a major institutional investor, increased its holdings in Vertiv Holdings Co. (NYSE:VRT) by 5.2% during the third quarter, according to a recent SEC filing. The firm now owns over 2.1 million shares of the data center equipment manufacturer, valued at $318 million.

Why it matters

Vertiv's stock has seen a significant run-up in recent months, driven by factors like its inclusion in the S&P 500 index, positive analyst coverage, and strong fundamentals tied to growing demand for its data center infrastructure products. The increased stake by Legal & General Group, a respected institutional investor, signals continued confidence in Vertiv's long-term prospects.

The details

According to the 13F filing, Legal & General Group Plc acquired an additional 104,921 shares of Vertiv during the third quarter, bringing its total position to 2,110,852 shares. This represents a 5.2% increase in the firm's holdings of the data center equipment manufacturer.

  • Legal & General Group Plc acquired the additional Vertiv shares during the third quarter of 2026.

The players

Legal & General Group Plc

A major British financial services company and institutional investor.

Vertiv Holdings Co.

An American company that provides equipment and services for data centers, communication networks, and industrial environments.

Got photos? Submit your photos here. ›

The takeaway

Vertiv's inclusion in the S&P 500 and growing demand for its data center infrastructure products have attracted increased institutional investment, as evidenced by Legal & General Group's expanded stake in the company. This signals ongoing confidence in Vertiv's long-term growth potential.