Goldenstone Wealth Management LLC Takes Position in Vertiv Holdings Co. $VRT

Goldenstone Wealth Management LLC bought a new stake in Vertiv Holdings Co. (NYSE:VRT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,265 shares of the company’s stock, valued at approximately $367,000.

A number of other institutional investors also recently modified their holdings of the business. Howard Capital Management Inc. boosted its position in shares of Vertiv by 3.0% in the third quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock valued at $277,000 after acquiring an additional 54 shares during the period. Waterfront Wealth Inc. boosted its position in shares of Vertiv by 2.5% in the fourth quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock valued at $365,000 after acquiring an additional 56 shares during the period. Balance Wealth LLC boosted its position in shares of Vertiv by 2.8% in the fourth quarter. Balance Wealth LLC now owns 2,089 shares of the company’s stock valued at $338,000 after acquiring an additional 57 shares during the period. Legacy Capital Group California Inc. raised its stake in Vertiv by 3.2% in the fourth quarter. Legacy Capital Group California Inc. now owns 1,859 shares of the company’s stock valued at $301,000 after purchasing an additional 57 shares in the last quarter. Finally, Fairfield Financial Advisors LTD raised its stake in Vertiv by 2.3% in the fourth quarter. Fairfield Financial Advisors LTD now owns 2,564 shares of the company’s stock valued at $415,000 after purchasing an additional 58 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Insider Transactions at Vertiv

In other news, Chairman David M. Cote sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $255.29, for a total value of $10,211,600.00. Following the completion of the transaction, the chairman owned 22,258 shares of the company’s stock, valued at $5,682,244.82. This represents a 64.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Edward L. Monser sold 77,294 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $245.49, for a total value of $18,974,904.06. Following the completion of the transaction, the director directly owned 16,500 shares of the company’s stock, valued at $4,050,585. This represents a 82.41% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 489,761 shares of company stock valued at $123,356,815. 1.10% of the stock is owned by company insiders.

Vertiv Stock Down 2.2%

VRT stock opened at $315.44 on Thursday. The stock has a market capitalization of $121.16 billion, a P/E ratio of 79.26, a price-to-earnings-growth ratio of 1.38 and a beta of 2.09. 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 12 month low of $101.00 and a 12 month high of $379.93. The firm has a 50-day moving average price of $298.08 and a 200-day moving average price of $228.35.

Vertiv (NYSE:VRT) last posted its 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 business’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 6.42 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is 6.28%.

Analyst Ratings Changes

VRT has been the subject of a number of analyst reports. Mizuho set a $380.00 price target on Vertiv in a research note on Thursday. Jefferies Financial Group reaffirmed a “hold” rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. Bank of America boosted their price target on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. BNP Paribas Exane initiated coverage on Vertiv in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price target for the company. Finally, TD Cowen boosted their price target on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday. Twenty-two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $320.36.

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.