Carnegie Investment Counsel Reduces Position in Vertiv Holdings Co. $VRT

Carnegie Investment Counsel decreased its position in Vertiv Holdings Co. (NYSE:VRT) by 8.4% during the 1st quarter, Holdings Channel reports. The firm owned 17,676 shares of the company’s stock after selling 1,631 shares during the period. Carnegie Investment Counsel’s holdings in Vertiv were worth $4,429,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. SFE Investment Counsel boosted its position in Vertiv by 1.1% during the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock valued at $765,000 after buying an additional 32 shares during the period. 180 Wealth Advisors LLC purchased a new position in shares of Vertiv in the first quarter valued at about $219,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Vertiv in the first quarter valued at about $22,330,000. Citizens Financial Group Inc. RI raised its stake in shares of Vertiv by 13.1% during the first quarter. Citizens Financial Group Inc. RI now owns 10,670 shares of the company’s stock valued at $2,674,000 after acquiring an additional 1,240 shares during the last quarter. Finally, Midwest Trust Co raised its stake in shares of Vertiv by 4.5% during the first quarter. Midwest Trust Co now owns 1,827 shares of the company’s stock valued at $458,000 after acquiring an additional 78 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on VRT shares. 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 note on Tuesday, March 31st. Morgan Stanley upped their price target on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. JPMorgan Chase & Co. increased their price objective on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Royal Bank Of Canada lifted their price objective on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, Glj Research raised Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $342.24.

Vertiv Price Performance

VRT opened at $318.66 on Monday. The stock has a fifty day simple moving average of $324.66 and a two-hundred day simple moving average of $265.45. 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 company has a market cap of $122.40 billion, a price-to-earnings ratio of 80.07, a price-to-earnings-growth ratio of 1.38 and a beta of 2.03. Vertiv Holdings Co. has a 12-month low of $118.70 and a 12-month high of $379.93.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same quarter last year, the firm posted $0.64 earnings per share. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts predict that Vertiv Holdings Co. will post 6.38 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is 6.28%.

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.