5 Stocks That Were Added to the S&P 500 Index Recently and How They Performed

4. Vertiv Holdings Co (NYSE:VRT)

Percentage Change as of June 26: 17.36%

Number of Hedge Fund Holders: 96

Effective Date: March 23, 2026

Vertiv Holdings Co (NYSE:VRT) is one of the 10 stocks that were added to the S&P 500 index recently. So far, the stock has performed well, soaring over 17%.

Vertiv Holdings Co (NYSE:VRT) has been a highlight recently following the acquisition of Strategic Thermal Labs and ThermoKey, which expanded its thermal-management exposure and addressed critical needs in AI infrastructure. On June 12, Vertiv Holdings announced that it had completed the acquisition of ThermoKey. This addition expands Vertiv’s thermal-management portfolio across Europe, the Middle East, and Africa to support high-end AI computing.

The addition of ThermoKey brings over 30 years of engineering experience along with technology that supports Vertiv’s existing portfolio. This gives Vertiv’s customers the flexibility to optimize for performance, site conditions, and growth as compute demands increase.

On June 23, Bernstein initiated coverage on Vertiv Holdings Co (NYSE:VRT) with an Outperform rating and a price target of $416. The analyst sees Vertiv as one of the only pure-play stocks in the data center infrastructure segment with the ability to scale. Vertiv’s FY2028 estimates are materially ahead of the sell-side, per the analyst, who cites its robust earnings power for the Outperform rating.

For the last three years, VRT has surpassed earnings estimates, and the potential for the data center market is still huge, which adds to its upside. According to a recent report from JPMorgan, around 60% of the planned data center capacity for 2027 has not yet been started. On June 18, GLJ Research analyst Austin Wang upgraded Vertiv Holdings from Sell to Hold. Wang believes that the recent breakthrough of CoolIT’s 15kW cold plate adds to the viability of Vertiv’s single-phase data center cooling offering beyond the 2030s.

Vertiv Holdings Co. (NYSE:VRT) is an electrical equipment & parts company that specializes in critical digital infrastructure technologies & life cycle services for data centers and communication networks.