Baker Avenue Asset Management LP Sells 2,767 Shares of Vertiv Holdings Co. $VRT

Baker Avenue Asset Management LP decreased its holdings in Vertiv Holdings Co. (NYSE:VRT) by 4.3% in the 4th quarter, HoldingsChannel reports. The firm owned 60,938 shares of the company’s stock after selling 2,767 shares during the quarter. Baker Avenue Asset Management LP’s holdings in Vertiv were worth $9,873,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CreativeOne Wealth LLC raised its position in shares of Vertiv by 187.8% during the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock worth $1,606,000 after acquiring an additional 6,947 shares during the last quarter. Plato Investment Management Ltd raised its position in shares of Vertiv by 272.7% during the third quarter. Plato Investment Management Ltd now owns 8,825 shares of the company’s stock worth $1,321,000 after acquiring an additional 6,457 shares during the last quarter. WD Rutherford LLC raised its position in shares of Vertiv by 80.7% during the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after acquiring an additional 6,734 shares during the last quarter. KBC Group NV raised its position in shares of Vertiv by 191.1% during the fourth quarter. KBC Group NV now owns 206,102 shares of the company’s stock worth $33,391,000 after acquiring an additional 135,313 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. raised its position in shares of Vertiv by 26.1% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after acquiring an additional 4,645 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Vertiv Stock Down 1.3%

NYSE:VRT opened at $319.77 on Thursday. Vertiv Holdings Co. has a 1 year low of $104.71 and a 1 year high of $379.93. 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 stock has a market cap of $122.83 billion, a price-to-earnings ratio of 80.34, a PEG ratio of 1.40 and a beta of 2.09. The stock has a 50-day moving average price of $304.01 and a two-hundred day moving average price of $233.17.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same period in the previous year, the firm earned $0.64 earnings per share. The company’s revenue was up 30.1% on a year-over-year basis. 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 analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv’s payout ratio is presently 6.28%.

Analyst Ratings Changes

A number of research firms recently commented on VRT. The Goldman Sachs Group upped their price objective on Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Mizuho set a $380.00 price objective on Vertiv in a report on Thursday, May 21st. TD Cowen upped their price objective on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Finally, Barclays upped their price objective on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $322.32.

Insider Transactions at Vertiv

In other Vertiv news, Director Roger Fradin sold 101,666 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $252.13, for a total value of $25,633,048.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Edward L. Monser sold 77,294 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $245.49, for a total value of $18,974,904.06. Following the completion of the transaction, the director directly owned 16,500 shares of the company’s stock, valued at approximately $4,050,585. The trade was a 82.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

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.