Morse Asset Management Inc Boosts Stake in Vertiv Holdings Co. $VRT

Morse Asset Management Inc lifted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 7.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,194 shares of the company’s stock after buying an additional 2,204 shares during the quarter. Vertiv accounts for 1.0% of Morse Asset Management Inc’s portfolio, making the stock its 29th biggest holding. Morse Asset Management Inc’s holdings in Vertiv were worth $4,892,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Alta Wealth Advisors LLC raised its holdings in Vertiv by 24.7% during the fourth quarter. Alta Wealth Advisors LLC now owns 3,739 shares of the company’s stock worth $606,000 after purchasing an additional 741 shares during the last quarter. Highland Capital Management LLC acquired a new position in shares of Vertiv in the fourth quarter worth $657,000. Fairfield Financial Advisors LTD increased its stake in Vertiv by 2.3% in the fourth quarter. Fairfield Financial Advisors LTD now owns 2,564 shares of the company’s stock valued at $415,000 after purchasing an additional 58 shares during the last quarter. WT Wealth Management acquired a new position in Vertiv in the fourth quarter valued at $204,000. Finally, QRG Capital Management Inc. increased its stake in Vertiv by 9.3% in the fourth quarter. QRG Capital Management Inc. now owns 76,327 shares of the company’s stock valued at $12,366,000 after purchasing an additional 6,484 shares during the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on VRT shares. Morgan Stanley boosted their price target on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Citigroup upped their target price on Vertiv from $340.00 to $353.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Weiss Ratings downgraded Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Finally, Evercore restated an “outperform” rating and set a $350.00 price objective on shares of Vertiv in a research note on Monday, April 20th. Twenty-one equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $278.38.

Insider Buying and Selling at Vertiv

In other news, Chairman David M. Cote sold 40,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the completion of the sale, the chairman directly owned 22,258 shares of the company’s stock, valued at $5,682,244.82. This trade represents a 64.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Roger Fradin sold 101,666 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $252.13, for a total value of $25,633,048.58. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 489,761 shares of company stock worth $123,356,815. 1.10% of the stock is owned by insiders.

Vertiv Stock Performance

Shares of VRT stock opened at $330.59 on Tuesday. The business has a 50 day simple moving average of $274.42 and a 200 day simple moving average of $214.19. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The firm has a market capitalization of $126.98 billion, a price-to-earnings ratio of 83.06, a price-to-earnings-growth ratio of 1.41 and a beta of 2.09. Vertiv Holdings Co. has a 12-month low of $91.81 and a 12-month high of $332.95.

Vertiv (NYSE:VRT) last issued its quarterly earnings results 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 firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last year, the company 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. On average, equities research analysts anticipate that Vertiv Holdings Co. will post 6.42 EPS for the current year.

Vertiv Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.

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.