Costello Asset Management INC Has $626,000 Stake in Vertiv Holdings Co. $VRT

Costello Asset Management INC reduced its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 39.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,497 shares of the company’s stock after selling 1,600 shares during the period. Costello Asset Management INC’s holdings in Vertiv were worth $626,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC raised its stake in shares of Vertiv by 58.3% in the 4th 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 in the last quarter. Sankala Group LLC acquired a new stake in Vertiv in the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. boosted its position in Vertiv by 211.3% during the fourth 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 period. Rossby Financial LCC bought a new stake in Vertiv during the fourth quarter worth approximately $27,000. Finally, Park Place Capital Corp grew its holdings in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

VRT has been the subject of a number of analyst reports. TD Cowen boosted their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Wall Street Zen lowered shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Mizuho set a $380.00 target price on shares of Vertiv in a report on Thursday, May 21st. Roth Capital reissued a “buy” rating and set a $355.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Finally, Loop Capital started coverage on Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $342.24.

Vertiv Stock Down 1.6%

VRT stock opened at $318.66 on Friday. Vertiv Holdings Co. has a twelve month low of $118.70 and a twelve month high of $379.93. 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 company has a market cap of $122.40 billion, a PE ratio of 80.07, a price-to-earnings-growth ratio of 1.40 and a beta of 2.03. The business’s 50-day simple moving average is $324.66 and its 200 day simple moving average is $264.75.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping 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 company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter last year, the company earned $0.64 EPS. The company’s quarterly 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. On average, research analysts anticipate that Vertiv Holdings Co. will post 6.38 earnings per share for the current year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is 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.