Vertiv Holdings Co. $VRT Shares Sold by Geneva Partners LLC

Geneva Partners LLC lowered its position in Vertiv Holdings Co. (NYSE:VRTFree Report) by 12.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,854 shares of the company’s stock after selling 3,434 shares during the quarter. Vertiv comprises about 2.2% of Geneva Partners LLC’s holdings, making the stock its 23rd biggest holding. Geneva Partners LLC’s holdings in Vertiv were worth $8,321,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VRT. Sachetta LLC boosted its holdings in Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after purchasing an additional 36 shares during the last quarter. Cornerstone Planning Group LLC grew its stake in shares of Vertiv by 60.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after buying an additional 49 shares during the period. GoalVest Advisory LLC increased its holdings in shares of Vertiv by 87.3% during the 2nd quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock worth $50,000 after buying an additional 69 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in shares of Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after buying an additional 56 shares during the last quarter. Finally, Center for Financial Planning Inc. raised its position in shares of Vertiv by 554.2% during the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock valued at $39,000 after buying an additional 133 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on VRT shares. UBS Group reiterated a “buy” rating and issued a $370.00 price objective on shares of Vertiv in a report on Thursday, July 30th. Bank of America lifted their target price on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Loop Capital initiated coverage on Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target on the stock. Morgan Stanley increased their price target on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $368.00 price objective on shares of Vertiv in a research report on Friday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $357.83.

Check Out Our Latest Stock Report on VRT

Vertiv Stock Performance

NYSE:VRT opened at $261.35 on Thursday. The company has a fifty day simple moving average of $296.12 and a two-hundred day simple moving average of $286.50. The company has a market cap of $100.62 billion, a price-to-earnings ratio of 59.13, a price-to-earnings-growth ratio of 1.12 and a beta of 2.06. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93.

Vertiv (NYSE:VRTGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The company’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period last year, the firm earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, equities analysts anticipate that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business 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. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

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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