SMART Wealth LLC Boosts Holdings in Vertiv Holdings Co. $VRT

SMART Wealth LLC raised its position in Vertiv Holdings Co. (NYSE:VRT) by 125.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 8,574 shares of the company’s stock after acquiring an additional 4,770 shares during the quarter. SMART Wealth LLC’s holdings in Vertiv were worth $2,149,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp increased its position in shares of Vertiv by 2.8% during the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after purchasing an additional 235,577 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Vertiv by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after purchasing an additional 143,821 shares in the last quarter. Invesco Ltd. grew its stake in Vertiv by 2.1% during the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after buying an additional 121,618 shares during the last quarter. Norges Bank purchased a new position in Vertiv during the 4th quarter worth $808,701,000. Finally, Northern Trust Corp increased its position in Vertiv by 3.6% during the 4th quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock valued at $455,531,000 after buying an additional 97,141 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on VRT shares. Oppenheimer increased their price target on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Morgan Stanley boosted their price target on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada upped their price objective on shares of Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Sanford C. Bernstein initiated coverage on shares of Vertiv in a research report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price objective for the company. Finally, Weiss Ratings cut shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Vertiv presently has a consensus rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Trading Up 9.0%

Shares of NYSE:VRT opened at $334.66 on Wednesday. Vertiv Holdings Co. has a 52-week low of $110.06 and a 52-week high of $379.93. The stock has a market cap of $128.55 billion, a price-to-earnings ratio of 84.09, a PEG ratio of 1.33 and a beta of 2.03. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The business has a 50-day moving average price of $324.93 and a 200-day moving average price of $256.96.

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

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio is 6.28%.

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.