Smithbridge Asset Management Inc. DE Sells 82,130 Shares of Vertiv Holdings Co. $VRT

Smithbridge Asset Management Inc. DE lowered its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 51.3% in the first quarter, Holdings Channel.com reports. The fund owned 77,875 shares of the company’s stock after selling 82,130 shares during the quarter. Vertiv makes up approximately 2.9% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 5th biggest holding. Smithbridge Asset Management Inc. DE’s holdings in Vertiv were worth $19,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vermillion & White Wealth Management Group LLC increased its position in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares in the last quarter. Sankala Group LLC purchased a new position in Vertiv in the 4th quarter valued at $27,000. Meeder Asset Management Inc. lifted its holdings in Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares in the last quarter. Rossby Financial LCC acquired a new stake in Vertiv during the 4th quarter worth $27,000. Finally, Park Place Capital Corp boosted its stake in Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after purchasing an additional 156 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Trading Down 7.0%

Shares of VRT stock opened at $311.46 on Thursday. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a twelve month low of $110.06 and a twelve month high of $379.93. The company’s 50-day moving average price is $324.87 and its 200-day moving average price is $257.90. The stock has a market cap of $119.64 billion, a price-to-earnings ratio of 78.26, a PEG ratio of 1.45 and a beta of 2.02.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same period last year, the business earned $0.64 earnings per share. Vertiv’s revenue was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, equities analysts predict that Vertiv Holdings Co. will post 6.37 earnings per share for the current year.

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 issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s payout ratio is 6.28%.

Wall Street Analyst Weigh In

VRT has been the subject of a number of recent research reports. Weiss Ratings cut shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. HSBC started coverage on shares of Vertiv in a research report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price target on the stock. Roth Mkm reaffirmed a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. Glj Research upgraded shares of Vertiv from a “sell” rating to a “hold” rating in a report on Thursday, June 18th. Finally, Zacks Research lowered shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $326.39.

Key Headlines Impacting Vertiv

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Vertiv opened a new manufacturing facility in Johor, Malaysia, boosting capacity and supply-chain resilience to meet rising demand for AI and high-density computing infrastructure across Asia. Vertiv Increases Manufacturing Capacity with New Facility in Malaysia
• Positive Sentiment: Recent articles highlighted Vertiv’s continued exposure to AI and digital infrastructure growth, including its collaboration with NVIDIA and acquisitions that expand its cooling and data-center portfolio. VRT Boosts Data Center Portfolio Through Acquisitions: What’s Ahead?
• Positive Sentiment: Analyst-focused coverage said Vertiv looks positioned to beat earnings estimates again, supported by a strong surprise history and favorable fundamentals ahead of its next report. Why Vertiv (VRT) is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Brokerage commentary remained constructive, with one report noting Vertiv is viewed as a good investment by analysts and another calling it a top-ranked growth stock. Vertiv Increases Manufacturing Capacity with New Facility in Malaysia
• Neutral Sentiment: Some market commentary pointed out that Vertiv trades at a rich valuation, with a high price/book multiple, which may limit upside even as growth remains strong. Should You Buy, Sell, or Hold VRT Stock at Its Price/Book of 27.78X?
• Negative Sentiment: Despite the positive operational news, VRT weakened after a prior sharp run-up, suggesting investors may be reacting to valuation concerns and recent profit-taking rather than deteriorating fundamentals. Vertiv Holdings Co. (VRT) Registers a Bigger Fall Than the Market: Important Facts to Note

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.