Castleark Management LLC Acquires 2,536 Shares of Vertiv Holdings Co. $VRT

Castleark Management LLC grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 124,737 shares of the company’s stock after purchasing an additional 2,536 shares during the quarter. Castleark Management LLC’s holdings in Vertiv were worth $20,209,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Meeder Asset Management Inc. grew its position in Vertiv by 211.3% in the 4th 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 last quarter. Rossby Financial LCC bought a new position in shares of Vertiv during the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Vertiv during the 4th quarter worth about $29,000. Park Place Capital Corp lifted its holdings in shares of Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its holdings in shares of Vertiv by 98.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock worth $30,000 after acquiring an additional 93 shares during the period. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on VRT. Evercore reaffirmed an “outperform” rating and set a $425.00 price objective on shares of Vertiv in a report on Tuesday, May 12th. HSBC assumed coverage on shares of Vertiv in a report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price target for the company. Barclays lifted their price target on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Vertiv presently has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.

Vertiv Trading Up 1.5%

Shares of NYSE VRT opened at $302.47 on Friday. Vertiv Holdings Co. has a 1-year low of $110.06 and a 1-year high of $379.93. The company has a 50-day moving average of $316.12 and a two-hundred day moving average of $244.41. 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 company has a market cap of $116.18 billion, a PE ratio of 76.00, a P/E/G ratio of 1.29 and a beta of 2.03.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the previous year, the company earned $0.64 EPS. Vertiv’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 fiscal year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors 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 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is currently 6.28%.

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.