Vertiv Holdings Co. $VRT Shares Sold by Nicholas Investment Partners LP

Nicholas Investment Partners LP reduced its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 20.9% during the second quarter, Holdings Channel.com reports. The firm owned 10,918 shares of the company’s stock after selling 2,877 shares during the period. Nicholas Investment Partners LP’s holdings in Vertiv were worth $3,656,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of VRT. SFE Investment Counsel grew its position in Vertiv by 1.1% in the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock valued at $765,000 after buying an additional 32 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Vertiv by 3.0% during the 2nd quarter. Versant Capital Management Inc now owns 1,156 shares of the company’s stock worth $387,000 after buying an additional 34 shares in the last quarter. Webster Bank N. A. raised its position in shares of Vertiv by 6.9% during the 1st quarter. Webster Bank N. A. now owns 542 shares of the company’s stock worth $136,000 after buying an additional 35 shares in the last quarter. Sachetta LLC lifted its stake in shares of Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after acquiring an additional 36 shares during the period. Finally, Pincus Capital Management LP lifted its stake 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 acquiring an additional 38 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Citigroup lowered their price objective on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Barclays increased their price target on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Loop Capital began coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price target on the stock. Finally, Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Three investment 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. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $357.83.

Vertiv Stock Down 2.7%

VRT stock opened at $254.98 on Tuesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The firm has a market capitalization of $98.16 billion, a P/E ratio of 57.69, a P/E/G ratio of 1.08 and a beta of 2.06. Vertiv Holdings Co. has a 52-week low of $118.70 and a 52-week high of $379.93. The company’s 50 day simple moving average is $293.51 and its 200-day simple moving average is $288.01.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (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 the consensus estimate of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company’s revenue 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. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Dividend Announcement

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

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.