Vertiv Holdings Co. $VRT Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. lowered its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 1.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 227,872 shares of the company’s stock after selling 2,791 shares during the period. Cibc World Market Inc. owned approximately 0.06% of Vertiv worth $76,296,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Vermillion & White Wealth Management Group LLC grew its stake 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 valued at $25,000 after buying an additional 56 shares during the period. Sankala Group LLC purchased a new position in shares of Vertiv in the 4th quarter worth $27,000. Meeder Asset Management Inc. raised its position in shares of Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after buying an additional 112 shares during the period. Rossby Financial LCC acquired a new position in Vertiv in the fourth quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Vertiv in the fourth quarter valued at $29,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Trading Up 0.2%

NYSE:VRT opened at $262.36 on Monday. The business’s 50-day moving average is $294.65 and its two-hundred day moving average is $287.55. The firm has a market capitalization of $101.01 billion, a PE ratio of 59.36, a price-to-earnings-growth ratio of 1.08 and a beta of 2.06. Vertiv Holdings Co. has a 12 month low of $118.70 and a 12 month high of $379.93. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share 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 during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the business earned $0.95 earnings per share. The company’s revenue was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Research analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Announces Dividend

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

Analyst Ratings Changes

VRT has been the subject of several research analyst reports. TD Cowen upped their price target on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Weiss Ratings lowered Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, August 14th. Bank of America boosted 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. Evercore set a $375.00 target price on shares of Vertiv in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada cut their price target on shares of Vertiv from $418.00 to $337.00 and set an “outperform” 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 assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $357.83.

Vertiv 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.