Novare Capital Management LLC Has $3.25 Million Position in Vertiv Holdings Co. $VRT

Novare Capital Management LLC reduced its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 11.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,968 shares of the company’s stock after selling 1,645 shares during the period. Novare Capital Management LLC’s holdings in Vertiv were worth $3,250,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vermillion & White Wealth Management Group LLC raised 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 worth $25,000 after purchasing an additional 56 shares in the last quarter. Sankala Group LLC acquired a new stake in Vertiv in the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. increased its stake in shares of Vertiv by 211.3% during the 4th 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 last quarter. Rossby Financial LCC bought a new position in shares of Vertiv during the 4th quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Vertiv in the fourth quarter worth $29,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Vertiv Stock Performance

NYSE:VRT opened at $357.93 on Tuesday. The firm has a market capitalization of $137.48 billion, a PE ratio of 89.93, a price-to-earnings-growth ratio of 1.44 and a beta of 2.04. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93. The firm has a 50-day moving average price of $322.97 and a 200 day moving average price of $251.27.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the previous year, the business earned $0.64 earnings per share. The company’s quarterly revenue was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

Wall Street Analyst Weigh In

VRT has been the subject of a number of analyst reports. Oppenheimer boosted their price target on Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Wall Street Zen cut Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Bank of America lifted their price target on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Finally, The Goldman Sachs Group raised their target price on shares of Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.

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.