Reliant Investment Partners LLC Acquires 3,663 Shares of Vertiv Holdings Co. $VRT

Reliant Investment Partners LLC lifted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 110.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,991 shares of the company’s stock after buying an additional 3,663 shares during the quarter. Vertiv makes up about 1.6% of Reliant Investment Partners LLC’s holdings, making the stock its 16th biggest holding. Reliant Investment Partners LLC’s holdings in Vertiv were worth $2,341,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. SFE Investment Counsel boosted its stake in Vertiv by 1.1% during the first quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock worth $765,000 after acquiring an additional 32 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of Vertiv by 3.0% during the second quarter. Versant Capital Management Inc now owns 1,156 shares of the company’s stock valued at $387,000 after purchasing an additional 34 shares in the last quarter. Webster Bank N. A. increased its stake in shares of Vertiv by 6.9% during the first quarter. Webster Bank N. A. now owns 542 shares of the company’s stock valued at $136,000 after purchasing an additional 35 shares in the last quarter. Sachetta LLC lifted its holdings 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 during the last quarter. Finally, Pincus Capital Management LP boosted its position in shares of Vertiv by 0.8% in the 1st quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock worth $1,181,000 after purchasing an additional 38 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors.

Vertiv Trading Up 1.2%

NYSE:VRT opened at $264.25 on Friday. The stock has a market cap of $101.73 billion, a price-to-earnings ratio of 59.79, a PEG ratio of 1.07 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. The company’s 50 day moving average price is $295.45 and its 200-day moving average price is $287.04. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.95 EPS. 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, equities research analysts forecast that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a $0.0625 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is currently 5.66%.

Wall Street Analysts Forecast Growth

VRT has been the topic of several recent research reports. Robert W. Baird set a $320.00 price target on Vertiv in a research note on Thursday, July 30th. KeyCorp lowered their price objective on Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Royal Bank Of Canada dropped their target price on Vertiv from $418.00 to $337.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Bank of America increased their target price on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Glj Research raised Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price target for the company in a research report on Friday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vertiv currently has a consensus rating of “Buy” and a consensus price target of $357.83.

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.