Maridea Wealth Management LLC Invests $988,000 in Vertiv Holdings Co. $VRT

Maridea Wealth Management LLC bought a new position in Vertiv Holdings Co. (NYSE:VRTFree Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,942 shares of the company’s stock, valued at approximately $988,000.

Other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Vertiv in the 4th quarter worth approximately $808,701,000. Marshall Wace LLP raised its holdings in shares of Vertiv by 265.6% during the fourth quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock valued at $432,568,000 after acquiring an additional 1,939,749 shares in the last quarter. Alkeon Capital Management LLC raised its holdings in shares of Vertiv by 178.2% during the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock valued at $324,524,000 after acquiring an additional 1,283,110 shares in the last quarter. Schroder Investment Management Group lifted its stake in Vertiv by 148.0% in the third quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock worth $275,885,000 after acquiring an additional 1,091,210 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in Vertiv by 49.5% in the second quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after acquiring an additional 930,158 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VRT. Barclays boosted their price objective on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Loop Capital started coverage on shares of Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 target price for the company. Bank of America lifted their target price on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Glj Research upgraded shares of Vertiv from a “sell” rating to a “hold” rating in a research report on Thursday, June 18th. Finally, Morgan Stanley increased their price target on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Vertiv presently has an average rating of “Moderate Buy” and a consensus target price of $326.39.

Check Out Our Latest Stock Report on Vertiv

Vertiv Price Performance

VRT opened at $304.11 on Friday. 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 $116.81 billion, a price-to-earnings ratio of 76.41, a price-to-earnings-growth ratio of 1.32 and a beta of 2.03. The stock has a fifty day simple moving average of $324.10 and a two-hundred day simple moving average of $254.49. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93.

Vertiv (NYSE:VRTGet Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. Research analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Announces Dividend

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

Vertiv Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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