Nixon Peabody Trust Co. Sells 2,609 Shares of Vertiv Holdings Co. $VRT

Nixon Peabody Trust Co. lowered its position in Vertiv Holdings Co. (NYSE:VRT) by 4.6% during the first quarter, Holdings Channel reports. The firm owned 54,672 shares of the company’s stock after selling 2,609 shares during the period. Vertiv comprises 1.1% of Nixon Peabody Trust Co.’s portfolio, making the stock its 25th largest holding. Nixon Peabody Trust Co.’s holdings in Vertiv were worth $13,700,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC raised its stake in 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 buying an additional 56 shares during the last quarter. Sankala Group LLC acquired a new position in Vertiv in the fourth quarter valued at $27,000. Meeder Asset Management Inc. lifted its holdings in Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after buying an additional 112 shares during the period. Rossby Financial LCC bought a new stake in Vertiv during the fourth quarter valued at $27,000. Finally, Park Place Capital Corp boosted its position in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after acquiring an additional 156 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VRT has been the subject of a number of recent analyst reports. Mizuho set a $380.00 price target on Vertiv in a report on Thursday, May 21st. Evercore reissued an “outperform” rating and issued a $425.00 price objective on shares of Vertiv in a research note on Tuesday, May 12th. Citigroup upped their target price on Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Bank of America raised their target price on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.

Vertiv Price Performance

Shares of VRT opened at $300.49 on Friday. The business’s fifty day moving average is $324.54 and its 200 day moving average is $259.17. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The stock has a market cap of $115.42 billion, a P/E ratio of 75.50, a P/E/G ratio of 1.30 and a beta of 2.03.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the previous year, the business posted $0.64 EPS. Vertiv’s quarterly revenue was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Sell-side analysts anticipate that Vertiv Holdings Co. will post 6.37 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio is currently 6.28%.

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.