Sovran Advisors LLC Has $474,000 Stake in Vertiv Holdings Co. $VRT

Sovran Advisors LLC lowered its holdings in Vertiv Holdings Co. (NYSE:VRT) by 93.5% in the first quarter, Holdings Channel reports. The firm owned 1,893 shares of the company’s stock after selling 27,178 shares during the quarter. Sovran Advisors LLC’s holdings in Vertiv were worth $474,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRT. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after buying an additional 56 shares during the last quarter. Sankala Group LLC bought a new stake in Vertiv during the fourth quarter worth about $27,000. Meeder Asset Management Inc. raised its holdings in Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after acquiring an additional 112 shares in the last quarter. Rossby Financial LCC acquired a new position in Vertiv during the fourth quarter valued at approximately $27,000. Finally, Park Place Capital Corp grew its stake in Vertiv by 624.0% in the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price target on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. The Goldman Sachs Group raised their target price on shares of Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Sanford C. Bernstein assumed coverage on shares of Vertiv in a report on Tuesday, June 9th. They set an “outperform” rating and a $416.00 target price on the stock. BNP Paribas Exane started coverage on shares of Vertiv in a research report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Finally, Barclays increased their price target on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $342.24.

Vertiv Trading Down 4.1%

Shares of Vertiv stock opened at $305.73 on Tuesday. 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 business has a fifty day simple moving average of $324.18 and a two-hundred day simple moving average of $266.43. Vertiv Holdings Co. has a 1 year low of $118.70 and a 1 year high of $379.93. The company has a market capitalization of $117.43 billion, a price-to-earnings ratio of 76.82, a P/E/G ratio of 1.38 and a beta of 2.03.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts forecast that Vertiv Holdings Co. will post 6.38 EPS for the current year.

Vertiv Dividend Announcement

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