Cottage Street Advisors LLC Sells 2,100 Shares of Vertiv Holdings Co. $VRT

Cottage Street Advisors LLC cut its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 16.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,818 shares of the company’s stock after selling 2,100 shares during the period. Vertiv makes up approximately 1.2% of Cottage Street Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Cottage Street Advisors LLC’s holdings in Vertiv were worth $2,711,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VRT. Empowered Funds LLC boosted its holdings in Vertiv by 25.9% during the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock worth $834,000 after buying an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Vertiv in the 2nd quarter valued at approximately $567,000. Cary Street Partners Financial LLC boosted its stake in Vertiv by 19.8% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after acquiring an additional 230 shares during the last quarter. Bank of Nova Scotia grew its holdings in Vertiv by 49.7% during the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after purchasing an additional 9,712 shares during the period. Finally, Ossiam acquired a new position in Vertiv during the second quarter valued at approximately $50,000. Institutional investors own 89.92% of the company’s stock.

Vertiv Stock Up 2.8%

Shares of VRT stock opened at $325.15 on Friday. The firm has a fifty day moving average of $324.04 and a 200-day moving average of $254.14. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93. The company has a market capitalization of $124.89 billion, a price-to-earnings ratio of 81.70, a P/E/G ratio of 1.37 and a beta of 2.03.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion for 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 was up 30.1% compared to the same quarter last year. During the same period in the previous year, the firm 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. As a group, equities research analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently announced 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 of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on VRT shares. Wall Street Zen lowered shares of Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Loop Capital began coverage on shares of Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price objective for the company. Mizuho set a $380.00 price objective on Vertiv in a research note on Thursday, May 21st. Sanford C. Bernstein began coverage on Vertiv in a report on Tuesday, June 9th. They set an “outperform” rating and a $416.00 target price on the stock. Finally, Glj Research raised Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $326.39.

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.