HB Wealth Management LLC Buys 4,247 Shares of Vertiv Holdings Co. $VRT

HB Wealth Management LLC increased its stake in Vertiv Holdings Co. (NYSE:VRT) by 54.6% during the 1st quarter, HoldingsChannel reports. The firm owned 12,025 shares of the company’s stock after buying an additional 4,247 shares during the period. HB Wealth Management LLC’s holdings in Vertiv were worth $3,013,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. CreativeOne Wealth LLC boosted its stake in shares of Vertiv by 187.8% during the 3rd quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock worth $1,606,000 after acquiring an additional 6,947 shares during the last quarter. Lingotto Investment Management LLP purchased a new stake in shares of Vertiv in the 4th quarter worth $2,641,000. Norges Bank bought a new position in Vertiv in the 4th quarter worth $808,701,000. Sterling Investment Advisors Ltd. raised its holdings in Vertiv by 26.1% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after purchasing an additional 4,645 shares during the period. Finally, Dymon Asia Capital Singapore PTE. LTD. purchased a new position in Vertiv during the fourth quarter valued at $2,197,000. Institutional investors own 89.92% of the company’s stock.

Vertiv Stock Down 0.0%

NYSE VRT opened at $300.49 on Monday. Vertiv Holdings Co. has a 12 month low of $110.06 and a 12 month high of $379.93. 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 stock has a market cap of $115.42 billion, a PE ratio of 75.50, a P/E/G ratio of 1.30 and a beta of 2.03. The stock’s 50 day moving average is $324.54 and its 200 day moving average is $259.86.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s revenue was up 30.1% on a year-over-year basis. During the same period last year, the firm posted $0.64 EPS. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts predict that Vertiv Holdings Co. will post 6.37 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were paid a dividend of $0.0625 per share. 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 presently 6.28%.

Analyst Upgrades and Downgrades

A number of analysts have commented on VRT shares. Jefferies Financial Group restated a “hold” rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Glj Research raised shares of Vertiv from a “sell” rating to a “hold” rating in a report on Thursday, June 18th. Morgan Stanley lifted their price target on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Sanford C. Bernstein initiated coverage on shares of Vertiv in a research report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price target for the company. Finally, The Goldman Sachs Group increased their price objective on shares of Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $326.39.

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.