CenterBook Partners LP Invests $1.46 Million in Vertiv Holdings Co. $VRT

CenterBook Partners LP acquired a new stake in Vertiv Holdings Co. (NYSE:VRT) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 9,671 shares of the company’s stock, valued at approximately $1,459,000.

A number of other hedge funds have also bought and sold shares of VRT. Empowered Funds LLC boosted its position in Vertiv by 25.9% during the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after acquiring an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Vertiv in the 2nd quarter valued at about $567,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Vertiv during the 2nd quarter valued at about $1,002,000. D.A. Davidson & CO. grew its stake in Vertiv by 7.6% during the second quarter. D.A. Davidson & CO. now owns 6,249 shares of the company’s stock worth $802,000 after purchasing an additional 439 shares during the period. Finally, Freedom Investment Management Inc. increased its holdings in Vertiv by 55.8% in the second quarter. Freedom Investment Management Inc. now owns 4,668 shares of the company’s stock worth $599,000 after purchasing an additional 1,672 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Analyst Ratings Changes

VRT has been the topic of a number of research analyst reports. Weiss Ratings upgraded Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 13th. JPMorgan Chase & Co. reduced their price target on shares of Vertiv from $230.00 to $225.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Mizuho upped their price objective on shares of Vertiv from $198.00 to $290.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Citigroup increased their price objective on shares of Vertiv from $220.00 to $286.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Wolfe Research downgraded Vertiv from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $230.28.

Insider Activity at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the sale, the executive vice president directly owned 4,050 shares of the company’s stock, valued at $690,444. This represents a 57.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.63% of the stock is currently owned by company insiders.

Vertiv Stock Performance

VRT opened at $243.70 on Friday. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $255.54. The company has a market cap of $93.18 billion, a price-to-earnings ratio of 71.47, a PEG ratio of 1.22 and a beta of 2.08. The company’s fifty day moving average price is $185.30 and its two-hundred day moving average price is $167.54. The company has a current ratio of 1.55, a quick ratio of 1.43 and a debt-to-equity ratio of 0.73.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, February 11th. The company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.29 by $0.07. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.89 billion. During the same period in the previous year, the firm posted $0.99 earnings per share. The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. 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, analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Company 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.