Vertiv Holdings Co. $VRT Position Lowered by Quartz Partners LLC

Quartz Partners LLC trimmed its position in Vertiv Holdings Co. (NYSE:VRT) by 27.9% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,862 shares of the company’s stock after selling 3,039 shares during the period. Quartz Partners LLC’s holdings in Vertiv were worth $2,632,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC grew its position in shares of Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares in the last quarter. Sankala Group LLC bought a new stake in shares of Vertiv in the 4th quarter valued at approximately $27,000. Meeder Asset Management Inc. increased its holdings in shares of Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after acquiring an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new stake in shares of Vertiv during the 4th quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Vertiv during the 4th quarter valued at approximately $29,000. 89.92% of the stock is owned by institutional investors.

Vertiv Trading Down 4.1%

Vertiv stock 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 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 market capitalization of $100.62 billion, a price-to-earnings ratio of 59.13, a PEG ratio of 1.12 and a beta of 2.06. The firm has a 50-day moving average price of $296.12 and a two-hundred day moving average price of $286.50.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 EPS 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 analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s revenue was up 24.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Sell-side analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share 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 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 of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio is 5.66%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Citigroup decreased their price objective on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Piper Sandler set a $375.00 target price on shares of Vertiv in a report on Wednesday, July 29th. UBS Group reissued a “buy” rating and set a $370.00 target price on shares of Vertiv in a report on Thursday, July 30th. Barclays raised their price target on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Finally, Wall Street Zen lowered shares of Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price 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.