Ceredex Value Advisors LLC lowered its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 6.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,675 shares of the company’s stock after selling 4,673 shares during the quarter. Ceredex Value Advisors LLC’s holdings in Vertiv were worth $21,654,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of VRT. Sachetta LLC boosted its stake in shares of Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after purchasing an additional 36 shares in the last quarter. Cornerstone Planning Group LLC boosted 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 purchasing an additional 49 shares during the last quarter. GoalVest Advisory LLC grew its holdings in Vertiv by 87.3% during the 2nd quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock worth $50,000 after acquiring an additional 69 shares during the period. Vermillion & White Wealth Management Group LLC grew its stake in Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares during the period. Finally, Center for Financial Planning Inc. increased its stake in shares of Vertiv by 554.2% in the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock valued at $39,000 after acquiring an additional 133 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.
Wall Street Analyst Weigh In
VRT has been the subject of a number of research analyst reports. Royal Bank Of Canada decreased their target price on Vertiv from $418.00 to $337.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. TD Cowen upped their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Loop Capital began coverage on Vertiv in a research note on Thursday, May 14th. They set a “buy” rating and a $500.00 target price on the stock. Robert W. Baird set a $320.00 price target on Vertiv in a research report on Thursday, July 30th. Finally, Citigroup dropped their price objective on Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Vertiv presently has an average rating of “Buy” and a consensus price target of $357.83.
Vertiv Trading Up 1.2%
Shares of VRT opened at $264.25 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The firm has a fifty day simple moving average of $295.45 and a two-hundred day simple moving average of $287.04. The stock has a market capitalization of $101.73 billion, a P/E ratio of 59.79, a PEG ratio of 1.07 and a beta of 2.06. Vertiv Holdings Co. has a twelve month low of $118.70 and a twelve month high of $379.93.
Vertiv (NYSE:VRT – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period last year, the firm earned $0.95 earnings per share. Vertiv’s quarterly revenue was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, research analysts anticipate that Vertiv Holdings Co. will post 6.7 EPS for the current year.
Vertiv Announces Dividend
The firm also recently disclosed 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. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is presently 5.66%.
Vertiv Company Profile
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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