Clear Harbor Asset Management LLC Sells 4,037 Shares of Vertiv Holdings Co. $VRT

Clear Harbor Asset Management LLC decreased its stake in Vertiv Holdings Co. (NYSE:VRT) by 76.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,270 shares of the company’s stock after selling 4,037 shares during the period. Clear Harbor Asset Management LLC’s holdings in Vertiv were worth $425,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VRT. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Vertiv by 58.3% in the 4th 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. Sankala Group LLC acquired a new position in shares of Vertiv during the fourth quarter valued at $27,000. Meeder Asset Management Inc. lifted its stake in shares of 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 acquiring an additional 112 shares during the period. Rossby Financial LCC bought a new position in Vertiv in the fourth quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in Vertiv in the fourth quarter worth about $29,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Sanford C. Bernstein reissued an “outperform” rating and set a $368.00 price target on shares of Vertiv in a research note on Friday, July 31st. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Wall Street Zen cut Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Glj Research upgraded shares of Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price objective on the stock in a report on Friday, August 7th. Finally, Mizuho set a $380.00 price target on shares of Vertiv in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $357.83.

Vertiv Stock Up 0.2%

VRT opened at $262.36 on Monday. The stock’s fifty day simple moving average is $294.65 and its 200 day simple moving average is $287.55. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The stock has a market cap of $101.01 billion, a PE ratio of 59.36, a price-to-earnings-growth ratio of 1.08 and a beta of 2.06. Vertiv Holdings Co. has a 1-year low of $118.70 and a 1-year high of $379.93.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the previous year, the firm posted $0.95 EPS. Vertiv’s revenue was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, research analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was 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 (DPR) is currently 5.66%.

Vertiv 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.