Geneva Partners LLC Decreases Stake in Vertiv Holdings Co. $VRT

Geneva Partners LLC lessened its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 12.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 24,854 shares of the company’s stock after selling 3,434 shares during the period. Vertiv accounts for about 2.2% of Geneva Partners LLC’s portfolio, 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.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lingotto Investment Management LLP acquired a new position in Vertiv in the fourth quarter valued at approximately $2,641,000. Norges Bank acquired a new stake in Vertiv during the fourth quarter worth approximately $808,701,000. Sterling Investment Advisors Ltd. lifted its position in shares of Vertiv by 26.1% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after buying an additional 4,645 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in shares of Vertiv during the 4th quarter worth approximately $2,197,000. Finally, WD Rutherford LLC boosted its holdings in shares of Vertiv by 80.7% in the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock valued at $2,443,000 after buying an additional 6,734 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Down 4.1%

VRT opened at $261.35 on Thursday. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The business has a 50 day moving average price of $296.12 and a two-hundred day moving average price of $286.50. 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 has a market cap of $100.62 billion, a PE ratio of 59.13, a P/E/G ratio of 1.12 and a beta of 2.06.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The company’s revenue was up 24.1% on a year-over-year basis. During the same period last year, the business posted $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. As a group, research analysts anticipate that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given 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 (DPR) is 5.66%.

Analyst Ratings Changes

A number of research firms recently commented on VRT. Morgan Stanley increased their target price on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Mizuho set a $380.00 price target on shares of Vertiv in a research report on Thursday, May 21st. TD Cowen upped their price objective on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. 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. Finally, Royal Bank Of Canada cut their target price on Vertiv from $418.00 to $337.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $357.83.

About Vertiv

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.