Vertiv Holdings Co. $VRT Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC cut its holdings in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 25.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 119,374 shares of the company’s stock after selling 40,574 shares during the quarter. NewEdge Advisors LLC’s holdings in Vertiv were worth $29,913,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VRT. SFE Investment Counsel increased its holdings in shares of Vertiv by 1.1% during the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock worth $765,000 after acquiring an additional 32 shares during the last quarter. Webster Bank N. A. lifted its holdings in Vertiv by 6.9% during the 1st quarter. Webster Bank N. A. now owns 542 shares of the company’s stock valued at $136,000 after purchasing an additional 35 shares during the last quarter. Sachetta LLC boosted its position in Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after purchasing an additional 36 shares during the period. Pincus Capital Management LP grew its position in shares of Vertiv by 0.8% in the first quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock valued at $1,181,000 after purchasing an additional 38 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC increased its stake in shares of Vertiv by 2.1% during the first quarter. Onyx Bridge Wealth Group LLC now owns 1,908 shares of the company’s stock worth $478,000 after purchasing an additional 40 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VRT has been the topic of several recent research reports. Loop Capital began 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. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. UBS Group reaffirmed a “buy” rating and set a $370.00 price target on shares of Vertiv in a report on Thursday, July 30th. Finally, Morgan Stanley increased their price target on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $348.54.

Get Our Latest Report on VRT

Vertiv Stock Performance

Vertiv stock opened at $272.71 on Friday. The business has a 50 day moving average of $300.81 and a 200-day moving average of $280.33. Vertiv Holdings Co. has a 1 year low of $118.70 and a 1 year high of $379.93. 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 company has a market capitalization of $104.75 billion, a P/E ratio of 61.70, a P/E/G ratio of 1.13 and a beta of 2.06.

Vertiv (NYSE:VRTGet Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period last year, the company earned $0.95 EPS. The firm’s revenue was up 24.1% compared to the same quarter last year. 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, equities research analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Dividend Announcement

The business 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 was Monday, June 15th. Vertiv’s dividend payout ratio is presently 5.66%.

About Vertiv

(Free Report)

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.

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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