Midwest Trust Co Takes Position in Vertiv Holdings Co. $VRT

Midwest Trust Co acquired a new stake in Vertiv Holdings Co. (NYSE:VRT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,749 shares of the company’s stock, valued at approximately $283,000.

A number of other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of 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 acquiring an additional 826,281 shares during the last quarter. State Street Corp boosted its position in shares of Vertiv by 2.3% in the 3rd quarter. State Street Corp now owns 8,459,323 shares of the company’s stock valued at $1,276,173,000 after purchasing an additional 189,484 shares during the period. American Century Companies Inc. boosted its position in shares of Vertiv by 16.7% in the 3rd quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock valued at $517,715,000 after purchasing an additional 491,349 shares during the period. Ameriprise Financial Inc. boosted its position in shares of 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 purchasing an additional 930,158 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of Vertiv by 1.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,143,067 shares of the company’s stock valued at $323,303,000 after purchasing an additional 33,012 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Down 0.1%

Vertiv stock opened at $367.37 on Wednesday. Vertiv Holdings Co. has a twelve month low of $100.90 and a twelve month high of $371.99. The stock has a 50 day moving average of $286.38 and a two-hundred day moving average of $221.67. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $141.11 billion, a price-to-earnings ratio of 92.31, a PEG ratio of 1.58 and a beta of 2.09.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same period last year, the firm earned $0.64 EPS. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, research analysts expect that Vertiv Holdings Co. will post 6.42 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were issued 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 currently 6.28%.

Analyst Upgrades and Downgrades

VRT has been the subject of a number of research analyst reports. Wall Street Zen cut Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Jefferies Financial Group reissued a “hold” rating and issued a $260.00 target price (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Mizuho upped their target price on Vertiv from $198.00 to $290.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. upped their target price on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Weiss Ratings cut Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Twenty-one analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and an average price target of $284.86.

Insiders Place Their Bets

In related news, EVP Anders Karlborg sold 30,487 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $246.92, for a total value of $7,527,850.04. Following the completion of the transaction, the executive vice president directly owned 34,746 shares of the company’s stock, valued at $8,579,482.32. This trade represents a 46.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Roger Fradin sold 101,666 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $252.13, for a total value of $25,633,048.58. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 489,761 shares of company stock worth $123,356,815. Corporate insiders own 1.10% of the company’s stock.

Vertiv Company Profile

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.