Apollon Wealth Management LLC Increases Stock Position in Vertiv Holdings Co. $VRT

Apollon Wealth Management LLC boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 12.0% in the first quarter, HoldingsChannel reports. The fund owned 26,188 shares of the company’s stock after acquiring an additional 2,808 shares during the period. Apollon Wealth Management LLC’s holdings in Vertiv were worth $6,562,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Empowered Funds LLC boosted its position in shares of Vertiv by 25.9% in the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock worth $834,000 after purchasing an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Vertiv during the 2nd quarter valued at approximately $567,000. Cary Street Partners Financial LLC raised its stake in Vertiv by 19.8% during the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after buying an additional 230 shares during the last quarter. Bank of Nova Scotia raised its stake in Vertiv by 49.7% during the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after buying an additional 9,712 shares during the last quarter. Finally, Ossiam bought a new stake in Vertiv in the second quarter worth $50,000. Institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on VRT. Fox Advisors raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Weiss Ratings downgraded shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. BNP Paribas Exane initiated coverage on shares of Vertiv in a report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Roth Mkm reissued a “buy” rating and set a $355.00 price target on shares of Vertiv in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group boosted their price objective on shares of Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Two equities research 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Stock Performance

VRT opened at $307.82 on Tuesday. The company’s 50 day moving average is $324.38 and its 200 day moving average is $255.89. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The company has a market cap of $118.24 billion, a price-to-earnings ratio of 77.34, a PEG ratio of 1.32 and a beta of 2.04. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 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 analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.64 earnings per share. 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 research analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a dividend of $0.0625 per share. 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 is currently 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.