Neville Rodie & Shaw Inc. Decreases Stock Holdings in Vertiv Holdings Co. $VRT

Neville Rodie & Shaw Inc. reduced its position in Vertiv Holdings Co. (NYSE:VRT) by 3.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 59,296 shares of the company’s stock after selling 2,036 shares during the period. Vertiv accounts for about 1.3% of Neville Rodie & Shaw Inc.’s portfolio, making the stock its 23rd largest position. Neville Rodie & Shaw Inc.’s holdings in Vertiv were worth $19,853,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VRT. Sachetta LLC lifted its position in Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after acquiring an additional 36 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in Vertiv by 60.5% in the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock worth $33,000 after purchasing an additional 49 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its holdings in Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares during the last quarter. Center for Financial Planning Inc. grew its holdings in Vertiv by 554.2% in the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after purchasing an additional 133 shares during the last quarter. Finally, Ravenstone Capital Management Inc. acquired a new position in shares of Vertiv during the first quarter worth $40,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Trading Up 9.2%

NYSE VRT opened at $263.70 on Tuesday. Vertiv Holdings Co. has a 12-month low of $118.70 and a 12-month high of $379.93. The company has a fifty day simple moving average of $304.36 and a two-hundred day simple moving average of $278.25. 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 stock has a market cap of $101.29 billion, a P/E ratio of 59.66, a P/E/G ratio of 0.99 and a beta of 2.06.

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

Vertiv Dividend Announcement

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

Wall Street Analysts Forecast Growth

VRT has been the subject of several analyst reports. KeyCorp decreased their price objective on Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. The Goldman Sachs Group upped their target price on Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Morgan Stanley upped their target price on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Glj Research upgraded Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Finally, Loop Capital began coverage on Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $337.33.

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.