Night Squared LP Reduces Holdings in Vertiv Holdings Co. $VRT

Night Squared LP lowered its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 22.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,020 shares of the company’s stock after selling 6,263 shares during the period. Night Squared LP’s holdings in Vertiv were worth $3,567,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Vertiv by 2.2% during the third quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock valued at $5,858,352,000 after purchasing an additional 826,281 shares during the period. State Street Corp grew 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 buying an additional 235,577 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Vertiv by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after buying an additional 143,821 shares in the last quarter. Norges Bank acquired a new stake in shares of Vertiv during the fourth quarter worth approximately $808,701,000. Finally, American Century Companies Inc. grew its position in shares of Vertiv by 16.7% during the third quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock worth $517,715,000 after buying an additional 491,349 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

Shares of VRT opened at $299.61 on Wednesday. The business’s fifty day moving average price is $317.89 and its 200 day moving average price is $246.83. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93. The stock has a market capitalization of $115.08 billion, a PE ratio of 75.28, a price-to-earnings-growth ratio of 1.35 and a beta of 2.03. 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:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating 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% compared to the same quarter last year. During the same period last year, the business 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 EPS for the current year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders 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 is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.

Analysts Set New Price Targets

VRT has been the subject of a number of recent analyst reports. Morgan Stanley raised their price target on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Wall Street Zen raised shares of Vertiv from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Barclays raised their price target on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. BNP Paribas Exane began coverage on Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price objective on the stock. Finally, Mizuho set a $380.00 price objective on Vertiv in a research note on Thursday, May 21st. Three 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 company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $326.39.

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.