Gabelli Funds LLC Has $2.34 Million Stake in Vertiv Holdings Co. $VRT

Gabelli Funds LLC reduced its position in Vertiv Holdings Co. (NYSE:VRT) by 26.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,000 shares of the company’s stock after selling 2,500 shares during the quarter. Gabelli Funds LLC’s holdings in Vertiv were worth $2,344,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of VRT. Vermillion & White Wealth Management Group LLC grew its holdings in Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares during the period. Sankala Group LLC bought a new position in shares of Vertiv in the 4th quarter worth about $27,000. Meeder Asset Management Inc. lifted its stake in shares of Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares during the period. Rossby Financial LCC acquired a new position in shares of Vertiv in the 4th quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Vertiv during the 4th quarter valued at about $29,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Stock Performance

Shares of VRT opened at $262.36 on Friday. Vertiv Holdings Co. has a one year low of $118.70 and a one year high of $379.93. The company has a market cap of $101.01 billion, a PE ratio of 59.36, a P/E/G ratio of 1.08 and a beta of 2.06. The stock has a 50-day moving average of $294.65 and a 200-day moving average of $286.87. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.95 EPS. 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, equities research analysts predict that Vertiv Holdings Co. will post 6.7 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders 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 dividend yield of 0.1%. Vertiv’s payout ratio is currently 5.66%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. TD Cowen raised their target price on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Glj Research raised Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price target on the stock in a research note on Friday, August 7th. Weiss Ratings cut Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $368.00 price objective on shares of Vertiv in a research report on Friday, July 31st. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $357.83.

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.