Westport Asset Management Inc. Decreases Stake in Vertiv Holdings Co. $VRT

Westport Asset Management Inc. cut its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 25.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,000 shares of the company’s stock after selling 2,000 shares during the period. Westport Asset Management Inc.’s holdings in Vertiv were worth $1,503,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VRT. Lingotto Investment Management LLP acquired a new position in Vertiv during the 4th quarter worth $2,641,000. Norges Bank acquired a new stake in shares of Vertiv in the 4th quarter valued at about $808,701,000. Sterling Investment Advisors Ltd. lifted its position in shares of Vertiv by 26.1% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after purchasing an additional 4,645 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in Vertiv in the fourth quarter worth about $2,197,000. Finally, WD Rutherford LLC grew its stake in Vertiv by 80.7% in the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after purchasing an additional 6,734 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Stock Down 0.0%

NYSE:VRT opened at $290.29 on Monday. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The stock has a 50 day moving average of $313.24 and a 200-day moving average of $274.74. The firm has a market capitalization of $111.50 billion, a PE ratio of 72.94, a price-to-earnings-growth ratio of 1.25 and a beta of 2.03. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93.

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 given a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is currently 6.28%.

Wall Street Analyst Weigh In

A number of research firms have commented on VRT. Citigroup increased their target price on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Loop Capital initiated coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price target on the stock. KeyCorp began coverage on Vertiv in a research report on Thursday. They set an “overweight” rating and a $360.00 price target on the stock. Wall Street Zen downgraded shares of Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $343.48.

Trending Headlines about Vertiv

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: KeyCorp upgraded Vertiv to “strong-buy”, a vote of confidence that signals analysts see more upside in the stock. Zacks.com
• Positive Sentiment: Vertiv is being highlighted as a leading AI infrastructure play, with Zacks arguing investors may prefer infrastructure names like VRT over AI chips and mega-cap tech for exposure to the AI boom. Article Title
• Positive Sentiment: Investors are anticipating Vertiv’s upcoming Q2 earnings, with expectations for strong revenue and EPS growth driven by AI-related demand, partnerships, and expansion efforts. Article Title
• Positive Sentiment: Vertiv announced it is expanding manufacturing and testing capacity at its Tognana campus near Padua, which could help it meet growing demand and support future sales. Article Title
• Positive Sentiment: The company also announced a deployment supporting the Naval Postgraduate School’s NVIDIA DGX GB300 system, showcasing Vertiv’s integrated power, liquid cooling, rack infrastructure, and installation services for high-density AI systems. Article Title
• Neutral Sentiment: Recent articles note that Vertiv’s rally has cooled after a big run-up, with the stock pulling back from prior gains; this suggests some profit-taking, though the longer-term growth story remains intact. Article Title
• Negative Sentiment: One recent note said Vertiv dipped more than the broader market in the latest session, reflecting short-term volatility despite the strong fundamental backdrop. Article Title

About Vertiv

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.