Wealth Management Partners LLC Sells 3,071 Shares of Vertiv Holdings Co. $VRT

Wealth Management Partners LLC lowered its position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 18.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,903 shares of the company’s stock after selling 3,071 shares during the period. Vertiv accounts for about 1.0% of Wealth Management Partners LLC’s holdings, making the stock its 22nd biggest position. Wealth Management Partners LLC’s holdings in Vertiv were worth $3,484,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VRT. Vermillion & White Wealth Management Group LLC boosted its holdings in Vertiv by 58.3% in the 4th 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. Sankala Group LLC bought a new position in shares of Vertiv in the fourth quarter worth $27,000. Meeder Asset Management Inc. increased its holdings in shares of Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares during the period. Rossby Financial LCC bought a new position in shares of Vertiv in the fourth quarter worth $27,000. Finally, Park Place Capital Corp raised its position in shares of Vertiv by 624.0% in the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after buying an additional 156 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on VRT. Bank of America lifted their price objective on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Barclays upped their target price on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Mizuho set a $380.00 price target on Vertiv in a research report on Thursday, May 21st. Finally, Sanford C. Bernstein assumed coverage on Vertiv in a report on Tuesday, June 9th. They set an “outperform” rating and a $416.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and an average price target of $326.39.

Read Our Latest Stock Analysis on VRT

Vertiv Stock Performance

NYSE VRT opened at $318.38 on Wednesday. Vertiv Holdings Co. has a 52-week low of $110.06 and a 52-week high of $379.93. The company has a fifty day moving average of $323.44 and a 200-day moving average of $252.25. The company has a market capitalization of $122.29 billion, a P/E ratio of 79.99, a P/E/G ratio of 1.55 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49.

Vertiv (NYSE:VRTGet Free Report) last released 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 business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, equities research analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s dividend payout ratio is presently 6.28%.

Vertiv Company 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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