Fortitude Advisory Group L.L.C. Has $1.58 Million Position in Vertiv Holdings Co. $VRT

Fortitude Advisory Group L.L.C. raised its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 70.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 6,302 shares of the company’s stock after purchasing an additional 2,605 shares during the quarter. Vertiv comprises about 0.7% of Fortitude Advisory Group L.L.C.’s investment portfolio, making the stock its 27th largest position. Fortitude Advisory Group L.L.C.’s holdings in Vertiv were worth $1,579,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC boosted its stake in Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares during the last quarter. Sankala Group LLC acquired a new position in Vertiv during the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. increased its stake in Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares in the last quarter. Rossby Financial LCC bought a new stake in Vertiv in the fourth quarter valued at approximately $27,000. Finally, Park Place Capital Corp raised its holdings in Vertiv by 624.0% in the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after purchasing an additional 156 shares during the period. 89.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

VRT has been the topic of a number of recent analyst reports. Loop Capital initiated coverage on shares of Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price target on the stock. Oppenheimer upped their price objective on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Zacks Research downgraded Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Roth Mkm reaffirmed a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. Finally, HSBC initiated coverage on Vertiv in a report on Wednesday, March 25th. They set a “buy” rating and a $325.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Stock Performance

Shares of VRT opened at $300.49 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. Vertiv Holdings Co. has a twelve month low of $110.06 and a twelve month high of $379.93. The firm’s 50 day moving average price is $324.54 and its two-hundred day moving average price is $259.86. The firm has a market cap of $115.42 billion, a P/E ratio of 75.50, a PEG ratio of 1.30 and a beta of 2.03.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (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 company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the prior year, the firm earned $0.64 earnings per share. The firm’s 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, analysts forecast 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 $0.0625 dividend. The ex-dividend date of this dividend was 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 presently 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.