Shelton Wealth Management LLC Sells 4,280 Shares of Vertiv Holdings Co. $VRT

Shelton Wealth Management LLC lowered its position in Vertiv Holdings Co. (NYSE:VRTFree Report) by 30.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 9,552 shares of the company’s stock after selling 4,280 shares during the quarter. Vertiv accounts for 1.0% of Shelton Wealth Management LLC’s holdings, making the stock its 20th largest position. Shelton Wealth Management LLC’s holdings in Vertiv were worth $2,394,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Schear Investment Advisers LLC boosted its position in Vertiv by 6.1% during the 1st quarter. Schear Investment Advisers LLC now owns 15,597 shares of the company’s stock worth $3,908,000 after buying an additional 897 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in Vertiv by 3.4% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 77,994 shares of the company’s stock valued at $20,180,000 after acquiring an additional 2,561 shares during the period. Whittier Trust Co. raised its stake in shares of Vertiv by 10.0% during the first quarter. Whittier Trust Co. now owns 156,256 shares of the company’s stock valued at $40,428,000 after acquiring an additional 14,226 shares during the last quarter. Fortitude Advisory Group L.L.C. lifted its holdings in shares of Vertiv by 70.5% during the first quarter. Fortitude Advisory Group L.L.C. now owns 6,302 shares of the company’s stock worth $1,579,000 after purchasing an additional 2,605 shares during the period. Finally, Fortune 45 LLC acquired a new position in shares of Vertiv during the first quarter worth $312,000. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on VRT. Glj Research upgraded Vertiv from a “sell” rating to a “hold” rating in a report on Thursday, June 18th. Morgan Stanley upped 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. Mizuho set a $380.00 price target on Vertiv in a research note on Thursday, May 21st. TD Cowen raised their price objective on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $260.00 price objective (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $326.39.

Get Our Latest Stock Analysis on VRT

Vertiv Trading Down 7.9%

Shares of VRT stock traded down $25.26 during mid-day trading on Tuesday, hitting $293.21. The company’s stock had a trading volume of 2,269,292 shares, compared to its average volume of 6,954,117. The company’s fifty day simple moving average is $324.54 and its 200-day simple moving average is $259.86. Vertiv Holdings Co. has a 52 week low of $110.06 and a 52 week high of $379.93. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The company has a market cap of $112.62 billion, a PE ratio of 73.66, a P/E/G ratio of 1.30 and a beta of 2.03.

Vertiv (NYSE:VRTGet Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the prior year, the company earned $0.64 EPS. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. 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, equities research analysts expect that Vertiv Holdings Co. will post 6.37 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is 6.28%.

Vertiv Profile

(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.

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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