SteelPeak Wealth LLC Cuts Stock Holdings in Vertiv Holdings Co. $VRT

SteelPeak Wealth LLC lowered its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 30.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,589 shares of the company’s stock after selling 10,854 shares during the quarter. SteelPeak Wealth LLC’s holdings in Vertiv were worth $3,984,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. StoneCrest Wealth Management Inc. boosted its stake in shares of Vertiv by 10.3% in the fourth quarter. StoneCrest Wealth Management Inc. now owns 9,888 shares of the company’s stock worth $1,602,000 after acquiring an additional 921 shares during the last quarter. Worth Financial Advisory Group LLC increased its position in shares of Vertiv by 38.5% during the fourth quarter. Worth Financial Advisory Group LLC now owns 4,147 shares of the company’s stock worth $672,000 after purchasing an additional 1,152 shares in the last quarter. Trust Co. of Vermont acquired a new position in Vertiv in the 4th quarter valued at $260,000. First Community Trust NA raised its stake in Vertiv by 46.3% in the 4th quarter. First Community Trust NA now owns 2,116 shares of the company’s stock valued at $343,000 after purchasing an additional 670 shares during the last quarter. Finally, Tema Etfs LLC lifted its holdings in Vertiv by 33.1% in the 4th quarter. Tema Etfs LLC now owns 43,767 shares of the company’s stock valued at $7,091,000 after purchasing an additional 10,896 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Insider Activity at Vertiv

In other Vertiv news, Director Edward L. Monser sold 77,294 shares of Vertiv stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the completion of the sale, the director directly owned 16,500 shares in the company, valued at $4,050,585. This trade represents a 82.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman David M. Cote sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the completion of the sale, the chairman directly owned 22,258 shares in the company, valued at $5,682,244.82. This trade represents a 64.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 489,761 shares of company stock valued at $123,356,815 over the last quarter. 2.63% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on VRT. Jefferies Financial Group reaffirmed a “hold” rating and set a $260.00 target price (down from $280.00) on shares of Vertiv in a report on Tuesday. JPMorgan Chase & Co. decreased their price target on shares of Vertiv from $230.00 to $225.00 and set an “overweight” rating on the stock in a research note on Friday, January 16th. Evercore restated an “outperform” rating and set a $280.00 price target on shares of Vertiv in a research report on Wednesday, February 11th. Wall Street Zen cut shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 14th. Finally, Roth Mkm reiterated a “buy” rating and issued a $275.00 price objective on shares of Vertiv in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $237.45.

Vertiv Price Performance

VRT stock opened at $261.22 on Friday. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $282.05. The company has a quick ratio of 1.22, a current ratio of 1.55 and a debt-to-equity ratio of 0.73. The stock has a market cap of $99.94 billion, a price-to-earnings ratio of 76.60, a price-to-earnings-growth ratio of 1.32 and a beta of 2.04. The business has a fifty day moving average of $239.04 and a two-hundred day moving average of $193.84.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.29 by $0.07. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.89 billion. Vertiv had a return on equity of 49.55% and a net margin of 13.03%.The company’s quarterly revenue was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.99 EPS. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. As a group, research analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv’s dividend payout ratio (DPR) is 7.33%.

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.