Carnegie Investment Counsel Trims Stock Position in Vertiv Holdings Co. $VRT

Carnegie Investment Counsel lessened its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 8.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,676 shares of the company’s stock after selling 1,631 shares during the period. Carnegie Investment Counsel’s holdings in Vertiv were worth $4,429,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vertiv Price Performance

VRT stock opened at $318.66 on Monday. The firm has a market cap of $122.40 billion, a P/E ratio of 80.07, a P/E/G ratio of 1.38 and a beta of 2.03. The firm’s fifty day moving average is $324.66 and its 200 day moving average is $265.45. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. 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 (NYSE:VRT) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share 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 business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the previous year, the firm posted $0.64 earnings per share. The firm’s revenue for the quarter 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. Research analysts predict that Vertiv Holdings Co. will post 6.38 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s payout ratio is 6.28%.

Analyst Ratings Changes

Several research firms have weighed in on VRT. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. TD Cowen boosted their price objective on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Morgan Stanley upped their price objective on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Glj Research raised shares of Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Finally, Barclays lifted their target price on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and a consensus target price of $342.24.

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.