EdgeRock Capital LLC Cuts Position in Vertiv Holdings Co. $VRT

EdgeRock Capital LLC decreased its position in Vertiv Holdings Co. (NYSE:VRT) by 28.3% during the first quarter, HoldingsChannel.com reports. The fund owned 5,763 shares of the company’s stock after selling 2,279 shares during the quarter. EdgeRock Capital LLC’s holdings in Vertiv were worth $1,445,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. State Street Corp grew its holdings in shares of Vertiv by 2.8% in the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock valued at $1,408,661,000 after purchasing an additional 235,577 shares in the last quarter. Geode Capital Management LLC raised its stake in Vertiv by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after purchasing an additional 143,821 shares in the last quarter. Invesco Ltd. lifted its position in Vertiv by 2.1% during the fourth quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock valued at $967,881,000 after purchasing an additional 121,618 shares during the last quarter. Norges Bank bought a new position in Vertiv during the fourth quarter valued at $808,701,000. Finally, American Century Companies Inc. grew its stake in shares of Vertiv by 16.7% in the 3rd quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock worth $517,715,000 after buying an additional 491,349 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Trading Down 11.1%

Shares of VRT opened at $318.38 on Wednesday. The company’s fifty day simple moving average is $323.44 and its 200-day simple moving average is $252.25. The company has a market cap of $122.29 billion, a P/E ratio of 79.99, a P/E/G ratio of 1.55 and a beta of 2.03. 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 Holdings Co. has a twelve month low of $110.06 and a twelve month high of $379.93.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 14.37% and a return on equity of 49.90%. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period in the previous year, the company earned $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 EPS for the current year.

Vertiv Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on VRT. Royal Bank Of Canada boosted their target price on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Citigroup increased their price target on shares of Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Loop Capital began coverage on Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target for the company. Weiss Ratings cut Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Finally, HSBC began coverage on Vertiv in a research note on Wednesday, March 25th. They set a “buy” rating and a $325.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Vertiv has an average rating of “Moderate Buy” and an average target price of $326.39.

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.