Braun Stacey Associates Inc. Sells 16,399 Shares of Vertiv Holdings Co. $VRT

Braun Stacey Associates Inc. lowered its position in Vertiv Holdings Co. (NYSE:VRT) by 6.4% in the first quarter, Holdings Channel reports. The fund owned 241,147 shares of the company’s stock after selling 16,399 shares during the period. Vertiv makes up approximately 2.0% of Braun Stacey Associates Inc.’s portfolio, making the stock its 10th biggest holding. Braun Stacey Associates Inc.’s holdings in Vertiv were worth $60,427,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CreativeOne Wealth LLC boosted its holdings in Vertiv by 187.8% in the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock valued at $1,606,000 after purchasing an additional 6,947 shares in the last quarter. Lingotto Investment Management LLP acquired a new stake in Vertiv during the fourth quarter worth approximately $2,641,000. Norges Bank acquired a new stake in Vertiv during the fourth quarter worth approximately $808,701,000. Sterling Investment Advisors Ltd. lifted its position in shares of Vertiv by 26.1% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after buying an additional 4,645 shares during the last quarter. Finally, WD Rutherford LLC lifted its position in shares of Vertiv by 80.7% during the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after buying an additional 6,734 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Price Performance

VRT stock opened at $304.11 on Friday. The company has a market capitalization of $116.81 billion, a P/E ratio of 76.41, a PEG ratio of 1.32 and a beta of 2.03. Vertiv Holdings Co. has a twelve month low of $110.06 and a twelve month high of $379.93. The business has a 50 day simple moving average of $324.10 and a 200-day simple moving average of $254.49. 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 (NYSE:VRT) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period last year, the firm posted $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 analysts anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given 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 Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Loop Capital assumed coverage on shares of Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 target price on the stock. Sanford C. Bernstein initiated coverage on shares of Vertiv in a research report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price target for the company. Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. JPMorgan Chase & Co. upped their price objective on shares of Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Finally, Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. 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. According to MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and an average price target of $326.39.

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.