Midwest Trust Co Makes New Investment in Vertiv Holdings Co. $VRT

Midwest Trust Co purchased a new position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,749 shares of the company’s stock, valued at approximately $283,000.

Several other hedge funds also recently bought and sold shares of VRT. Howard Capital Management Inc. boosted its holdings in shares of Vertiv by 3.0% during the third quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock worth $277,000 after purchasing an additional 54 shares during the last quarter. Waterfront Wealth Inc. boosted its holdings in shares of Vertiv by 2.5% during the fourth quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock worth $365,000 after purchasing an additional 56 shares during the last quarter. Balance Wealth LLC boosted its holdings in shares of Vertiv by 2.8% during the fourth quarter. Balance Wealth LLC now owns 2,089 shares of the company’s stock worth $338,000 after purchasing an additional 57 shares during the last quarter. Legacy Capital Group California Inc. boosted its holdings in shares of Vertiv by 3.2% during the fourth quarter. Legacy Capital Group California Inc. now owns 1,859 shares of the company’s stock worth $301,000 after purchasing an additional 57 shares during the last quarter. Finally, Fairfield Financial Advisors LTD boosted its holdings in shares of Vertiv by 2.3% during the fourth quarter. Fairfield Financial Advisors LTD now owns 2,564 shares of the company’s stock worth $415,000 after purchasing an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on VRT shares. The Goldman Sachs Group raised their price objective on Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $281.00 price objective on shares of Vertiv in a report on Thursday, February 12th. Roth Mkm restated a “buy” rating and set a $335.00 price objective on shares of Vertiv in a report on Thursday, April 16th. Evercore restated an “outperform” rating and set a $425.00 price objective on shares of Vertiv in a report on Tuesday. Finally, Royal Bank Of Canada raised their price objective on Vertiv from $344.00 to $356.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Twenty-one research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $284.86.

Get Our Latest Research Report on VRT

Insider Activity at Vertiv

In other Vertiv news, Director Steven Reinemund sold 65,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $253.95, for a total transaction of $16,506,750.00. Following the transaction, the director owned 68,333 shares in the company, valued at $17,353,165.35. The trade was a 48.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jan Van Dokkum sold 38,647 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $254.87, for a total value of $9,849,960.89. Following the transaction, the director owned 25,000 shares in the company, valued at approximately $6,371,750. This represents a 60.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 489,761 shares of company stock valued at $123,356,815 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

Vertiv Trading Down 0.1%

Shares of VRT opened at $367.37 on Wednesday. The stock’s 50-day moving average is $286.38 and its two-hundred day moving average is $221.67. The stock has a market cap of $141.11 billion, a PE ratio of 92.31, a P/E/G ratio of 1.58 and a beta of 2.09. Vertiv Holdings Co. has a 12 month low of $100.90 and a 12 month high of $371.99. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRTGet Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous 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 analysts forecast that Vertiv Holdings Co. will post 6.42 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Tuesday, March 17th. Vertiv’s payout ratio is currently 6.28%.

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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