Zweig DiMenna Associates LLC Sells 2,007 Shares of Vertiv Holdings Co. $VRT

Zweig DiMenna Associates LLC decreased its stake in Vertiv Holdings Co. (NYSE:VRT) by 1.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 101,693 shares of the company’s stock after selling 2,007 shares during the quarter. Vertiv accounts for about 1.0% of Zweig DiMenna Associates LLC’s portfolio, making the stock its 22nd largest position. Zweig DiMenna Associates LLC’s holdings in Vertiv were worth $16,475,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Howard Capital Management Inc. increased its holdings in shares of Vertiv by 3.0% in the 3rd quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock worth $277,000 after buying an additional 54 shares during the last quarter. Waterfront Wealth Inc. increased its holdings in shares of Vertiv by 2.5% in the 4th quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock worth $365,000 after buying an additional 56 shares during the last quarter. Balance Wealth LLC increased its holdings in shares of Vertiv by 2.8% in the 4th quarter. Balance Wealth LLC now owns 2,089 shares of the company’s stock worth $338,000 after buying an additional 57 shares during the last quarter. Legacy Capital Group California Inc. increased its holdings in shares of Vertiv by 3.2% in the 4th quarter. Legacy Capital Group California Inc. now owns 1,859 shares of the company’s stock worth $301,000 after buying an additional 57 shares during the last quarter. Finally, Fairfield Financial Advisors LTD increased its holdings in shares of Vertiv by 2.3% in the 4th quarter. Fairfield Financial Advisors LTD now owns 2,564 shares of the company’s stock worth $415,000 after buying an additional 58 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $281.00 price target on shares of Vertiv in a report on Thursday, February 12th. Loop Capital assumed coverage on shares of Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 target price on the stock. Royal Bank Of Canada increased their target price on shares of Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Roth Mkm reaffirmed a “buy” rating and set a $355.00 target price on shares of Vertiv in a report on Thursday, May 21st. Finally, Citigroup increased their target price on shares of Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Vertiv presently has a consensus rating of “Moderate Buy” and an average target price of $322.32.

Vertiv Price Performance

VRT stock opened at $316.01 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. Vertiv Holdings Co. has a 52 week low of $104.71 and a 52 week high of $379.93. The firm’s fifty day moving average is $305.93 and its 200 day moving average is $234.69. The firm has a market cap of $121.38 billion, a P/E ratio of 79.40, a P/E/G ratio of 1.36 and a beta of 2.09.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.64 EPS. 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 predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 6.28%.

Insiders Place Their Bets

In other Vertiv news, Director Edward L. Monser sold 77,294 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the completion of the sale, the director owned 16,500 shares of the company’s stock, valued at $4,050,585. This represents a 82.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.10% of the stock is owned by insiders.

Vertiv 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.