Vertiv Holdings Co. $VRT Holdings Increased by AdvisorNet Financial Inc

AdvisorNet Financial Inc raised its position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 319.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,573 shares of the company’s stock after purchasing an additional 2,721 shares during the quarter. AdvisorNet Financial Inc’s holdings in Vertiv were worth $895,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC lifted its holdings in 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 during the last quarter. Sankala Group LLC acquired a new position in shares of Vertiv in the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. grew its stake in shares of Vertiv by 211.3% in the 4th 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 last quarter. Rossby Financial LCC bought a new stake in shares of Vertiv in the 4th quarter worth approximately $27,000. Finally, Park Place Capital Corp raised its holdings in shares of Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after purchasing an additional 156 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Trading Down 0.9%

NYSE VRT opened at $315.32 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. Vertiv Holdings Co. has a 1-year low of $110.06 and a 1-year high of $379.93. The firm’s fifty day simple moving average is $323.75 and its 200-day simple moving average is $253.18. The company has a market capitalization of $121.12 billion, a PE ratio of 79.23, a price-to-earnings-growth ratio of 1.38 and a beta of 2.03.

Vertiv (NYSE:VRTGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share 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 period last year, the business earned $0.64 EPS. The business’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. As a group, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on VRT shares. Mizuho set a $380.00 target price on shares of Vertiv in a report on Thursday, May 21st. HSBC started coverage on Vertiv in a research note on Wednesday, March 25th. They issued a “buy” rating and a $325.00 price target on the stock. Wall Street Zen downgraded Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. BNP Paribas Exane started coverage on shares of Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price objective for the company. Finally, TD Cowen upped their price objective 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. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $326.39.

Check Out Our Latest Stock Analysis on VRT

About Vertiv

(Free Report)

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.

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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