3,905 Vertiv Holdings Co. $VRT Shares Sold by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. cut its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 7.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,912 shares of the company’s stock after selling 3,905 shares during the period. Pinnacle Associates Ltd.’s holdings in Vertiv were worth $11,079,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VRT. State Street Corp grew its holdings in Vertiv by 4.5% during the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock worth $5,535,087,000 after purchasing an additional 704,970 shares during the period. Wellington Management Group LLP increased its position in Vertiv by 14.1% during the second quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock worth $1,270,428,000 after buying an additional 468,380 shares during the last quarter. Legal & General Group Plc increased its position in Vertiv by 1.1% during the second quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock worth $716,169,000 after buying an additional 23,444 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Vertiv by 1.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock valued at $678,890,000 after buying an additional 51,328 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Vertiv by 33.7% in the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock valued at $604,059,000 after buying an additional 608,176 shares during the period. 89.92% of the stock is owned by institutional investors.

Key Vertiv News

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: AI factory collaboration with NVIDIA: Vertiv and NVIDIA introduced an approach combining pre-engineered reference designs, virtual validation and factory-built infrastructure. Vertiv said the system could enable deployment up to 10 times faster and deliver up to 30% more cumulative AI-token output during the first year using the same installed capacity. Vertiv and NVIDIA AI factory announcement
• Positive Sentiment: Analysts remain constructive: A market roundup identified Vertiv among industrial-goods stocks attracting bullish analyst views, reinforcing the long-term investment case tied to data-center and AI infrastructure demand. Analysts are bullish on Vertiv
• Positive Sentiment: Earnings optimism: Preview articles argue that Vertiv has favorable estimate trends and other factors that could support an earnings beat in next week’s report. Investors will be watching whether strong AI-related demand translates into revenue growth and margins. Vertiv earnings expectations
• Neutral Sentiment: Upcoming earnings are the next test: Vertiv is projected to report quarterly results on October 28. The release could clarify whether elevated AI infrastructure spending is supporting the company’s sales pipeline and whether its full-year outlook remains achievable. Vertiv projected earnings release
• Negative Sentiment: Price-target reduction: Mizuho lowered its Vertiv target from $300 to $280, signaling more cautious expectations despite the company’s AI growth prospects. Mizuho cuts Vertiv price target
• Negative Sentiment: Recent volatility remains a concern: Vertiv recently declined even as the broader market gained and had fallen sharply the prior week. With a relatively high valuation and elevated beta, investors may demand strong earnings execution to sustain the rebound. Vertiv recent stock decline

Analysts Set New Price Targets

A number of analysts have recently issued reports on VRT shares. Glj Research began coverage on Vertiv in a research report on Tuesday, October 6th. They issued a “sell” rating and a $188.00 price objective for the company. Roth Capital reissued a “buy” rating on shares of Vertiv in a report on Tuesday. KeyCorp decreased their target price on Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Royal Bank Of Canada cut their price target on Vertiv from $337.00 to $323.00 and set an “outperform” rating for the company in a report on Wednesday, October 14th. Finally, Loop Capital reduced their price objective on shares of Vertiv from $500.00 to $400.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $335.67.

Insider Buying and Selling at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the transaction, the director owned 16,500 shares in the company, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

Vertiv Stock Up 4.5%

Shares of VRT opened at $212.66 on Thursday. Vertiv Holdings Co. has a 52 week low of $147.82 and a 52 week high of $379.93. The firm has a market cap of $81.87 billion, a P/E ratio of 48.11, a price-to-earnings-growth ratio of 0.76 and a beta of 2.05. The firm’s 50-day simple moving average is $251.33 and its 200 day simple moving average is $288.08. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38.

Vertiv (NYSE:VRT) last released its quarterly 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 firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business’s revenue was up 24.1% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, analysts forecast that Vertiv Holdings Co. will post 6.71 earnings per share for the current year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 14th were given a $0.0625 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Vertiv Profile

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company’s offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.