First Trust Advisors LP Has $69.98 Million Stock Position in Vertiv Holdings Co. $VRT

First Trust Advisors LP lessened its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 15.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 279,285 shares of the company’s stock after selling 49,135 shares during the quarter. First Trust Advisors LP’s holdings in Vertiv were worth $69,983,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Insight Advisors LLC PA acquired a new position in Vertiv in the first quarter valued at about $249,000. Millennium Capital Advisors LLC raised its position in shares of Vertiv by 4.1% during the first quarter. Millennium Capital Advisors LLC now owns 2,561 shares of the company’s stock worth $642,000 after purchasing an additional 102 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Vertiv by 30.0% during the first quarter. PNC Financial Services Group Inc. now owns 65,717 shares of the company’s stock worth $16,467,000 after purchasing an additional 15,167 shares during the period. Oslo Pensjonsforsikring AS acquired a new stake in shares of Vertiv during the first quarter worth about $60,000. Finally, Baader Bank Aktiengesellschaft bought a new position in shares of Vertiv during the 1st quarter valued at about $490,000. 89.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on VRT shares. Citigroup boosted their price objective on Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Jefferies Financial Group restated a “hold” rating and set a $260.00 target price (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. Evercore reaffirmed an “outperform” rating and issued a $425.00 price target on shares of Vertiv in a research note on Tuesday, May 12th. Glj Research upgraded shares of Vertiv from a “sell” rating to a “hold” rating in a report on Thursday, June 18th. Finally, Roth Capital reissued a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $343.48.

Vertiv News Summary

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: KeyCorp upgraded Vertiv to “strong-buy”, a vote of confidence that signals analysts see more upside in the stock. Zacks.com
• Positive Sentiment: Vertiv is being highlighted as a leading AI infrastructure play, with Zacks arguing investors may prefer infrastructure names like VRT over AI chips and mega-cap tech for exposure to the AI boom. Article Title
• Positive Sentiment: Investors are anticipating Vertiv’s upcoming Q2 earnings, with expectations for strong revenue and EPS growth driven by AI-related demand, partnerships, and expansion efforts. Article Title
• Positive Sentiment: Vertiv announced it is expanding manufacturing and testing capacity at its Tognana campus near Padua, which could help it meet growing demand and support future sales. Article Title
• Positive Sentiment: The company also announced a deployment supporting the Naval Postgraduate School’s NVIDIA DGX GB300 system, showcasing Vertiv’s integrated power, liquid cooling, rack infrastructure, and installation services for high-density AI systems. Article Title
• Neutral Sentiment: Recent articles note that Vertiv’s rally has cooled after a big run-up, with the stock pulling back from prior gains; this suggests some profit-taking, though the longer-term growth story remains intact. Article Title
• Negative Sentiment: One recent note said Vertiv dipped more than the broader market in the latest session, reflecting short-term volatility despite the strong fundamental backdrop. Article Title

Vertiv Stock Down 4.5%

VRT stock opened at $290.29 on Friday. 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 stock has a market capitalization of $111.50 billion, a P/E ratio of 72.94, a P/E/G ratio of 1.25 and a beta of 2.03. The business has a 50-day moving average of $313.24 and a 200-day moving average of $274.03. Vertiv Holdings Co. has a fifty-two week low of $118.70 and a fifty-two week high of $379.93.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.Vertiv’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last year, the company earned $0.64 earnings per share. On average, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.38 earnings per share for the current fiscal year.

Vertiv Announces Dividend

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

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.