Moran Wealth Management LLC Makes New $667,000 Investment in Vertiv Holdings Co. $VRT

Moran Wealth Management LLC acquired a new position in Vertiv Holdings Co. (NYSE:VRTFree Report) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 2,660 shares of the company’s stock, valued at approximately $667,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VRT. Empowered Funds LLC boosted its stake in 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 in the last quarter. Sivia Capital Partners LLC bought a new stake in Vertiv during the 2nd quarter valued at about $567,000. Cary Street Partners Financial LLC raised its holdings in Vertiv by 19.8% in the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after buying an additional 230 shares during the last quarter. Bank of Nova Scotia raised its holdings in Vertiv by 49.7% in the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after buying an additional 9,712 shares during the last quarter. Finally, Ossiam bought a new position in shares of Vertiv in the second quarter worth approximately $50,000. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on VRT shares. Mizuho set a $380.00 price target on Vertiv in a research note on Thursday, May 21st. Citigroup lifted their price objective on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Oppenheimer upped their target price on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. BNP Paribas Exane started coverage on shares of Vertiv in a report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Finally, Evercore reiterated an “outperform” rating and issued a $425.00 price target on shares of Vertiv in a research note on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $326.39.

Check Out Our Latest Analysis on VRT

Vertiv Price Performance

Shares of Vertiv stock traded down $30.74 during trading hours on Tuesday, hitting $287.73. The company’s stock had a trading volume of 1,479,794 shares, compared to its average volume of 6,945,508. The company has a market cap of $110.52 billion, a PE ratio of 72.30, a PEG ratio of 1.30 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The business has a 50 day moving average price of $324.54 and a two-hundred day moving average price of $259.86. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93.

Vertiv (NYSE:VRTGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the prior year, the company posted $0.64 EPS. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. 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 expect that Vertiv Holdings Co. will post 6.37 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

Vertiv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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