Zweig DiMenna Associates LLC Reduces Stake in Vertiv Holdings Co. $VRT

Zweig DiMenna Associates LLC trimmed its stake in Vertiv Holdings Co. (NYSE:VRT) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 101,693 shares of the company’s stock after selling 2,007 shares during the quarter. Vertiv makes up 1.0% of Zweig DiMenna Associates LLC’s holdings, making the stock its 22nd biggest position. Zweig DiMenna Associates LLC’s holdings in Vertiv were worth $16,475,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRT. Schroder Investment Management Group lifted its stake in shares of Vertiv by 148.0% during the 3rd quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock valued at $275,885,000 after buying an additional 1,091,210 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Vertiv by 49.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock valued at $361,033,000 after buying an additional 930,158 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of Vertiv during the 3rd quarter valued at approximately $125,331,000. Vanguard Group Inc. lifted its stake in shares of Vertiv by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock valued at $5,858,352,000 after buying an additional 826,281 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Vertiv during the 3rd quarter valued at approximately $110,167,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VRT has been the topic of a number of recent research reports. Roth Mkm restated a “buy” rating and set a $355.00 price target on shares of Vertiv in a research note on Thursday, May 21st. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Royal Bank Of Canada upped their price target on shares of Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Bank of America upped their price target on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, BNP Paribas Exane initiated coverage on shares of Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and a consensus price target of $322.32.

Insiders Place Their Bets

In related news, Director Edward L. Monser sold 77,294 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the sale, the director owned 16,500 shares of the company’s stock, valued at approximately $4,050,585. This represents a 82.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.10% of the company’s stock.

Vertiv Stock Performance

Vertiv stock opened at $316.01 on Friday. The firm’s 50 day simple moving average is $305.93 and its 200 day simple moving average is $234.69. 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 firm has a market capitalization of $121.38 billion, a PE ratio of 79.40, a price-to-earnings-growth ratio of 1.36 and a beta of 2.09. Vertiv Holdings Co. has a 1-year low of $104.71 and a 1-year high of $379.93.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion for 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%. Vertiv’s revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior 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. As a group, analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were issued 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 is 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.