Bamco Inc. NY Sells 525,071 Shares of Vertiv Holdings Co. $VRT

Bamco Inc. NY decreased its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 25.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,545,572 shares of the company’s stock after selling 525,071 shares during the quarter. Vertiv accounts for about 0.7% of Bamco Inc. NY’s investment portfolio, making the stock its 27th biggest position. Bamco Inc. NY owned about 0.40% of Vertiv worth $250,398,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Boothbay Fund Management LLC increased its holdings in shares of Vertiv by 0.8% during the 4th quarter. Boothbay Fund Management LLC now owns 110,799 shares of the company’s stock worth $17,951,000 after purchasing an additional 847 shares during the period. American Trust increased its holdings in shares of Vertiv by 50.6% during the 4th quarter. American Trust now owns 3,886 shares of the company’s stock worth $630,000 after purchasing an additional 1,306 shares during the period. Freestone Grove Partners LP bought a new position in shares of Vertiv during the 4th quarter worth about $54,444,000. Schonfeld Strategic Advisors LLC increased its holdings in shares of Vertiv by 77.0% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 369,513 shares of the company’s stock worth $59,865,000 after purchasing an additional 160,701 shares during the period. Finally, DV Equities LLC bought a new position in shares of Vertiv during the 4th quarter worth about $81,000. Institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

VRT has been the topic of a number of analyst reports. HSBC initiated coverage on shares of Vertiv in a research note on Wednesday, March 25th. They issued a “buy” rating and a $325.00 target price on the stock. Mizuho set a $380.00 target price on shares of Vertiv in a research note on Thursday, May 21st. Barclays upped their target price on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Evercore reissued an “outperform” rating and issued a $425.00 target price on shares of Vertiv in a research note on Tuesday, May 12th. Finally, Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Price Performance

Shares of Vertiv stock opened at $318.00 on Thursday. 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 capitalization of $122.15 billion, a price-to-earnings ratio of 79.90, a P/E/G ratio of 1.30 and a beta of 2.03. Vertiv Holdings Co. has a 1-year low of $110.06 and a 1-year high of $379.93. The firm’s 50-day moving average price is $319.07 and its two-hundred day moving average price is $247.86.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period 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. On average, equities analysts predict 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. Shareholders of record on Monday, June 15th will be paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend 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.