Wakefield Asset Management LLLP Sells 2,617 Shares of Vertiv Holdings Co. $VRT

Wakefield Asset Management LLLP trimmed its position in Vertiv Holdings Co. (NYSE:VRT) by 9.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 24,821 shares of the company’s stock after selling 2,617 shares during the period. Vertiv comprises approximately 1.1% of Wakefield Asset Management LLLP’s holdings, making the stock its 28th largest holding. Wakefield Asset Management LLLP’s holdings in Vertiv were worth $4,021,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of VRT. Empowered Funds LLC boosted its position in shares of Vertiv by 25.9% in the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock worth $834,000 after purchasing an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Vertiv in the 2nd quarter worth $567,000. Cary Street Partners Financial LLC boosted its position in shares of Vertiv by 19.8% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after purchasing an additional 230 shares during the last quarter. Bank of Nova Scotia boosted its position in shares of Vertiv by 49.7% in the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after purchasing an additional 9,712 shares during the last quarter. Finally, Ossiam bought a new position in shares of Vertiv in the 2nd quarter worth $50,000. 89.92% of the stock is currently owned by institutional investors.

Key Stories Impacting Vertiv

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Bank of America raised its price target on Vertiv to $440 from $370 and kept a buy rating, reinforcing the view that the stock still has meaningful upside. Benzinga
• Positive Sentiment: Royal Bank of Canada also increased its target to $435 from $356 and reiterated outperform, adding to the wave of bullish analyst calls after Vertiv’s strong AI-infrastructure positioning. The Fly
• Positive Sentiment: Multiple recent articles highlight Vertiv as a key winner in AI data-center buildouts, including liquid cooling, high-density thermal management, and power infrastructure, which are all core growth areas for the company.
• Positive Sentiment: Vertiv’s acquisition of Strategic Thermal Labs and its partnership work tied to AI campus projects support its long-term growth story by expanding its cooling and thermal capabilities.

Insider Buying and Selling at Vertiv

In related news, Director Edward L. Monser sold 77,294 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was 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 trade represents a 82.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jan Van Dokkum sold 38,647 shares of Vertiv stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $254.87, for a total value of $9,849,960.89. Following the completion of the sale, the director directly owned 25,000 shares in the company, valued at $6,371,750. This represents a 60.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 489,761 shares of company stock worth $123,356,815 in the last three months. 1.10% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Weiss Ratings lowered Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. BNP Paribas Exane assumed coverage on Vertiv in a research report on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price target on the stock. Mizuho raised their price target on Vertiv from $198.00 to $290.00 and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Oppenheimer restated an “outperform” rating and issued a $330.00 price target on shares of Vertiv in a research report on Thursday, April 23rd. Finally, Zacks Research lowered Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Twenty-two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $314.45.

Vertiv Stock Performance

Shares of Vertiv stock opened at $371.05 on Friday. The company has a market capitalization of $142.52 billion, a PE ratio of 93.23, a PEG ratio of 1.61 and a beta of 2.09. Vertiv Holdings Co. has a 12 month low of $101.00 and a 12 month high of $379.93. 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 stock’s fifty day simple moving average is $293.64 and its 200 day simple moving average is $225.34.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s revenue was up 30.1% compared to the same quarter last year. During the same quarter last year, the business 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. On average, research analysts predict that Vertiv Holdings Co. will post 6.42 EPS for the current year.

Vertiv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv’s dividend payout ratio (DPR) is presently 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.