Edgestream Partners L.P. Invests $1.08 Million in Vertiv Holdings Co. $VRT

Edgestream Partners L.P. acquired a new position in shares of Vertiv Holdings Co. (NYSE:VRT) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 4,308 shares of the company’s stock, valued at approximately $1,079,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC increased its stake in shares of Vertiv by 25.9% in the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after buying an additional 2,377 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Vertiv in the second quarter valued at about $567,000. Cary Street Partners Financial LLC raised its position in shares of Vertiv by 19.8% during the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after acquiring an additional 230 shares during the last quarter. Bank of Nova Scotia lifted its stake in shares of Vertiv by 49.7% in the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after acquiring an additional 9,712 shares during the period. Finally, Ossiam bought a new stake in Vertiv in the second quarter valued at approximately $50,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Trading Up 9.2%

VRT opened at $263.70 on Tuesday. The company has a fifty day moving average price of $304.36 and a two-hundred day moving average price of $278.25. Vertiv Holdings Co. has a 1-year low of $118.70 and a 1-year high of $379.93. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The company has a market cap of $101.29 billion, a P/E ratio of 59.66, a price-to-earnings-growth ratio of 0.99 and a beta of 2.06.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the prior year, the company earned $0.95 earnings per share. The company’s quarterly revenue was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Analysts predict that Vertiv Holdings Co. will post 6.7 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Analysts Set New Price Targets

Several research firms have issued reports on VRT. TD Cowen raised their price target on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Piper Sandler set a $375.00 price objective on shares of Vertiv in a research note on Wednesday, July 29th. Sanford C. Bernstein reiterated an “outperform” rating and set a $368.00 price objective on shares of Vertiv in a research report on Friday. Bank of America boosted their target price on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a report on Friday, May 15th. Finally, The Goldman Sachs Group upped their price target on shares of Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $337.33.

Vertiv 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.