Cottage Street Advisors LLC Has $2.71 Million Stock Position in Vertiv Holdings Co. $VRT

Cottage Street Advisors LLC cut its position in Vertiv Holdings Co. (NYSE:VRT) by 16.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,818 shares of the company’s stock after selling 2,100 shares during the period. Vertiv accounts for about 1.2% of Cottage Street Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Cottage Street Advisors LLC’s holdings in Vertiv were worth $2,711,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VRT. Vermillion & White Wealth Management Group LLC raised its stake in shares of Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after acquiring an additional 56 shares during the last quarter. Meeder Asset Management Inc. grew its position in Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after acquiring an additional 112 shares during the last quarter. Rossby Financial LCC bought a new stake in Vertiv during the 4th quarter worth approximately $27,000. Sankala Group LLC bought a new stake in Vertiv during the 4th quarter worth approximately $27,000. Finally, Park Place Capital Corp increased its holdings in Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

Vertiv Price Performance

Vertiv stock opened at $325.15 on Friday. The business’s 50-day simple moving average is $324.04 and its 200 day simple moving average is $254.14. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The stock has a market cap of $124.89 billion, a price-to-earnings ratio of 81.70, a P/E/G ratio of 1.37 and a beta of 2.03. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93.

Vertiv (NYSE:VRT) last released 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. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 EPS. 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, research analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio is currently 6.28%.

Analysts Set New Price Targets

Several equities analysts have issued reports on VRT shares. Oppenheimer lifted their price objective on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. raised their target price on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. BNP Paribas Exane began coverage on Vertiv in a report on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price target for the company. Barclays lifted their price target on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Finally, Bank of America increased their price objective on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.

About Vertiv

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.