Vertiv Holdings Co. $VRT Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lessened its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 49.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 470,970 shares of the company’s stock after selling 462,303 shares during the quarter. Pictet Asset Management Holding SA owned about 0.12% of Vertiv worth $117,891,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several research analysts have weighed in on VRT shares. Morgan Stanley increased their target price on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group upped their price objective on shares of Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Evercore reaffirmed an “outperform” rating and set a $425.00 price objective on shares of Vertiv in a research report on Tuesday, May 12th. Mizuho set a $380.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Finally, Zacks Research downgraded shares of Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.

Vertiv Stock Up 0.1%

Shares of NYSE:VRT opened at $304.11 on Monday. 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 firm has a market capitalization of $116.81 billion, a PE ratio of 76.41, a price-to-earnings-growth ratio of 1.32 and a beta of 2.04. The firm’s 50-day moving average is $324.10 and its two-hundred day moving average is $254.98. Vertiv Holdings Co. has a 1 year low of $110.06 and a 1 year high of $379.93.

Vertiv (NYSE:VRT) last posted 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 business had revenue of $2.65 billion during 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 business’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter 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. Analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given 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 (DPR) 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.