Hilton Head Capital Partners LLC bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,529 shares of the company’s stock, valued at approximately $896,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of VRT. Park Place Capital Corp raised its holdings in Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after acquiring an additional 156 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in Vertiv during the 4th quarter valued at $29,000. Cullen Frost Bankers Inc. raised its holdings in Vertiv by 98.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after acquiring an additional 93 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in Vertiv during the 3rd quarter valued at $30,000. Finally, Foster Dykema Cabot & Partners LLC bought a new stake in Vertiv during the 3rd quarter valued at $31,000. Institutional investors own 89.92% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the stock. Oppenheimer boosted their target price on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. 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. TD Cowen upped their price target on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Weiss Ratings cut shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Finally, Evercore reaffirmed an “outperform” rating and issued a $425.00 price target on shares of Vertiv in a report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $322.32.
Vertiv Trading Down 0.0%
Vertiv stock opened at $300.44 on Monday. The stock has a market cap of $115.40 billion, a P/E ratio of 75.49, a PEG ratio of 1.30 and a beta of 2.03. Vertiv Holdings Co. has a fifty-two week low of $107.38 and a fifty-two week high of $379.93. The firm’s fifty day moving average price is $311.65 and its 200-day moving average price is $240.39. 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 (NYSE:VRT – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. The firm 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 business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Equities research analysts forecast 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 will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be paid 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 is Monday, June 15th. Vertiv’s dividend payout ratio is currently 6.28%.
Vertiv Company 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.
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