CenterBook Partners LP Grows Position in Vertiv Holdings Co. $VRT

CenterBook Partners LP grew its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 164.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,595 shares of the company’s stock after purchasing an additional 15,924 shares during the quarter. CenterBook Partners LP’s holdings in Vertiv were worth $4,147,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. CreativeOne Wealth LLC boosted its stake in shares of Vertiv by 187.8% during the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock valued at $1,606,000 after purchasing an additional 6,947 shares during the period. Plato Investment Management Ltd boosted its stake 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 valued at $1,321,000 after purchasing an additional 6,457 shares during the period. Lingotto Investment Management LLP purchased a new stake in shares of Vertiv during the fourth quarter valued at approximately $2,641,000. Norges Bank purchased a new stake in shares of Vertiv during the fourth quarter valued at approximately $808,701,000. Finally, WD Rutherford LLC boosted its stake in shares of Vertiv by 80.7% during the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock valued at $2,443,000 after purchasing an additional 6,734 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

Shares of NYSE:VRT opened at $300.91 on Tuesday. Vertiv Holdings Co. has a 1-year low of $107.38 and a 1-year high of $379.93. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The business has a fifty day moving average price of $312.62 and a 200-day moving average price of $241.34. The company has a market capitalization of $115.58 billion, a PE ratio of 75.61, a PEG ratio of 1.30 and a beta of 2.04.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $2.63 billion. During the same period last year, the company 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 EPS for the current fiscal year.

Vertiv Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on VRT. Citigroup raised their price target on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Bank of America raised their price target on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. JPMorgan Chase & Co. raised their price target on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, Oppenheimer raised their price target on Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Two research 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 company. According to MarketBeat, Vertiv presently has an average rating of “Moderate Buy” and a consensus target price of $322.32.

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.