EdgeRock Capital LLC Sells 2,279 Shares of Vertiv Holdings Co. $VRT

EdgeRock Capital LLC cut its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 28.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,763 shares of the company’s stock after selling 2,279 shares during the period. EdgeRock Capital LLC’s holdings in Vertiv were worth $1,445,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Richards Merrill & Peterson Inc. bought a new position in shares of Vertiv during the 1st quarter valued at approximately $246,000. Krilogy Financial LLC increased its holdings in Vertiv by 16.0% in the 1st quarter. Krilogy Financial LLC now owns 14,135 shares of the company’s stock worth $3,542,000 after acquiring an additional 1,949 shares in the last quarter. AdvisorNet Financial Inc raised its stake in Vertiv by 319.4% during the 1st quarter. AdvisorNet Financial Inc now owns 3,573 shares of the company’s stock worth $895,000 after acquiring an additional 2,721 shares during the period. Bell Investment Advisors Inc raised its stake in Vertiv by 9.6% during the 1st quarter. Bell Investment Advisors Inc now owns 514 shares of the company’s stock worth $129,000 after acquiring an additional 45 shares during the period. Finally, Webster Bank N. A. lifted its holdings in Vertiv by 6.9% during the first quarter. Webster Bank N. A. now owns 542 shares of the company’s stock valued at $136,000 after purchasing an additional 35 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on VRT shares. Citigroup upped their price target on shares of Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Sanford C. Bernstein began coverage on shares of Vertiv in a research report on Tuesday, June 9th. They set an “outperform” rating and a $416.00 price objective on the stock. TD Cowen lifted their target price on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Royal Bank Of Canada upped their target price on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Finally, Loop Capital started coverage on Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target for the company. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Trading Down 11.1%

Vertiv stock opened at $318.38 on Wednesday. The stock has a market cap of $122.29 billion, a P/E ratio of 79.99, a PEG ratio of 1.55 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. 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 $323.44 and its 200-day moving average price is $252.25.

Vertiv (NYSE:VRT) last released its 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 firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the previous year, the firm earned $0.64 earnings per share. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. 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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio 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.