Piar LLC Sells 3,310 Shares of Vertiv Holdings Co. $VRT

Piar LLC lessened its position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 22.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 11,460 shares of the company’s stock after selling 3,310 shares during the period. Vertiv makes up 2.2% of Piar LLC’s holdings, making the stock its 16th biggest holding. Piar LLC’s holdings in Vertiv were worth $2,872,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vermillion & White Wealth Management Group LLC lifted its stake in shares of Vertiv by 58.3% in the 4th 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 Vertiv during the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. grew its stake in Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares during the period. Rossby Financial LCC acquired a new position in Vertiv in the fourth quarter valued at approximately $27,000. Finally, Park Place Capital Corp lifted its stake 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 period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

Shares of VRT opened at $291.80 on Tuesday. The stock has a 50 day moving average of $318.90 and a 200 day moving average of $271.03. The company has a market capitalization of $112.08 billion, a price-to-earnings ratio of 73.32, a PEG ratio of 1.25 and a beta of 2.03. Vertiv Holdings Co. has a 12 month low of $118.70 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.

Vertiv (NYSE:VRTGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The firm had revenue of $2.65 billion during 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 business’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. As a group, sell-side analysts forecast that Vertiv Holdings Co. will post 6.38 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s payout ratio is 6.28%.

Key Headlines Impacting Vertiv

Here are the key news stories impacting Vertiv this week:

Wall Street Analysts Forecast Growth

VRT has been the subject of several research analyst reports. Oppenheimer lifted their price target 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. Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. JPMorgan Chase & Co. raised their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Wall Street Zen downgraded Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Finally, Bank of America increased their target price on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and a consensus target price of $342.73.

Read Our Latest Report on VRT

About Vertiv

(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.

See Also

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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