Everhart Financial Group Inc. Sells 1,941 Shares of Vertiv Holdings Co. $VRT

Everhart Financial Group Inc. decreased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 18.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,581 shares of the company’s stock after selling 1,941 shares during the quarter. Everhart Financial Group Inc.’s holdings in Vertiv were worth $2,873,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRT. Vermillion & White Wealth Management Group LLC increased its holdings in shares of Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after purchasing an additional 56 shares during the last quarter. Sankala Group LLC acquired a new stake in shares of Vertiv during the 4th quarter worth about $27,000. Meeder Asset Management Inc. boosted its holdings in shares of Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after buying an additional 112 shares during the period. Rossby Financial LCC bought a new stake in shares of Vertiv during the 4th quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Vertiv in the 4th quarter valued at about $29,000. 89.92% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

VRT has been the topic of several research analyst reports. Barclays increased their price target on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Glj Research upgraded Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price objective for the company in a report on Friday. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Oppenheimer reiterated an “outperform” rating and set a $325.00 target price on shares of Vertiv in a research note on Thursday, July 30th. Finally, Evercore set a $375.00 price target on Vertiv in a report on Wednesday, July 29th. 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’s stock. According to MarketBeat, Vertiv currently has an average rating of “Buy” and a consensus price target of $348.54.

Vertiv Price Performance

NYSE:VRT opened at $272.71 on Friday. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The firm has a market cap of $104.75 billion, a price-to-earnings ratio of 61.70, a P/E/G ratio of 1.12 and a beta of 2.06. The firm’s 50-day simple moving average is $300.81 and its 200 day simple moving average is $280.33. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. The business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, sell-side analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s payout ratio is presently 5.66%.

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.