Vertiv Holdings Co. (NYSE:VRT) to Issue Quarterly Dividend of $0.06

Vertiv Holdings Co. (NYSE:VRTGet Free Report) announced a quarterly dividend on Friday, March 6th. Stockholders of record on Tuesday, March 17th will be paid a dividend of 0.0625 per share on Thursday, March 26th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Tuesday, March 17th.

Vertiv has raised its dividend by an average of 0.7%per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Vertiv has a dividend payout ratio of 5.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Vertiv to earn $4.46 per share next year, which means the company should continue to be able to cover its $0.25 annual dividend with an expected future payout ratio of 5.6%.

Vertiv Price Performance

Shares of VRT opened at $258.80 on Friday. Vertiv has a fifty-two week low of $53.60 and a fifty-two week high of $276.78. The company has a market capitalization of $99.02 billion, a price-to-earnings ratio of 75.89, a price-to-earnings-growth ratio of 1.31 and a beta of 2.02. The firm has a 50-day simple moving average of $213.20 and a 200-day simple moving average of $180.61. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.22 and a current ratio of 1.55.

Vertiv (NYSE:VRTGet Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.07. The firm had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Vertiv had a return on equity of 49.55% and a net margin of 13.03%.The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, equities research analysts anticipate that Vertiv will post 3.59 earnings per share for the current year.

Insider Buying and Selling at Vertiv

In related news, Director Edward L. Monser sold 77,294 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $245.49, for a total value of $18,974,904.06. Following the completion of the sale, the director directly owned 16,500 shares in the company, valued at approximately $4,050,585. This represents a 82.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman David M. Cote sold 40,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $255.29, for a total value of $10,211,600.00. Following the completion of the transaction, 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. In the last three months, insiders have sold 489,761 shares of company stock worth $123,356,815. Corporate insiders own 2.63% of the company’s stock.

Institutional Investors Weigh In On Vertiv

A number of large investors have recently modified their holdings of VRT. Financial Management Professionals Inc. grew its position in Vertiv by 1,560.0% in the third quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock valued at $25,000 after acquiring an additional 156 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its stake in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after purchasing an additional 56 shares during the period. Promus Capital LLC acquired a new position in shares of Vertiv during the second quarter worth $26,000. Pacer Advisors Inc. boosted its stake in shares of Vertiv by 67.6% in the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock valued at $26,000 after purchasing an additional 69 shares during the period. Finally, Sankala Group LLC purchased a new position in shares of Vertiv in the fourth quarter valued at $27,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

About Vertiv

(Get 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.

See Also

Dividend History for Vertiv (NYSE:VRT)

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