Hanseatic Management Services Inc. Buys Shares of 2,435 Vertiv Holdings Co. $VRT

Hanseatic Management Services Inc. bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,435 shares of the company’s stock, valued at approximately $610,000.

Other hedge funds have also recently made changes to their positions in the company. Sachetta LLC increased its position in Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in Vertiv by 60.5% in the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock worth $33,000 after acquiring an additional 49 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its holdings in 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 acquiring an additional 56 shares in the last quarter. Center for Financial Planning Inc. grew its stake in shares of Vertiv by 554.2% in the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after acquiring an additional 133 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in shares of Vertiv in the first quarter worth $41,000. 89.92% of the stock is owned by institutional investors.

Trending Headlines about Vertiv

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Vertiv Stock Performance

Shares of VRT opened at $288.79 on Friday. The company has a market cap of $110.93 billion, a price-to-earnings ratio of 72.56, a P/E/G ratio of 1.25 and a beta of 2.03. The business’s fifty day simple moving average is $320.41 and its two-hundred day simple moving average is $269.39. Vertiv Holdings Co. has a 12 month low of $118.70 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.

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 the consensus estimate of $1.00 by $0.17. The firm 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 company’s revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Research analysts anticipate that Vertiv Holdings Co. will post 6.38 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given 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 payout ratio is 6.28%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VRT. Wall Street Zen lowered Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Bank of America increased their price objective on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Loop Capital assumed coverage on shares of Vertiv in a research note on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective for the company. Robert W. Baird started coverage on shares of Vertiv in a research note on Wednesday. They set an “outperform” rating and a $370.00 price objective for the company. Finally, Weiss Ratings cut shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $342.73.

Read Our Latest Stock Report on Vertiv

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.

Further Reading

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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