Vertiv Holdings Co. $VRT Shares Sold by Ieq Capital LLC

Ieq Capital LLC decreased its holdings in Vertiv Holdings Co. (NYSE:VRT) by 21.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 165,912 shares of the company’s stock after selling 46,277 shares during the quarter. Ieq Capital LLC’s holdings in Vertiv were worth $55,551,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC boosted its position in shares of Vertiv by 58.3% during the 4th 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 shares of Vertiv in the 4th quarter valued at about $27,000. Meeder Asset Management Inc. lifted its stake in shares of 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 purchasing an additional 112 shares during the period. Rossby Financial LCC acquired a new stake in shares of Vertiv in the fourth quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Vertiv during the fourth quarter worth about $29,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

VRT has been the topic of several recent analyst reports. Mizuho set a $380.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. JPMorgan Chase & Co. raised their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Roth Capital reaffirmed a “buy” rating and set a $355.00 price objective on shares of Vertiv in a report on Thursday, May 21st. Finally, Bank of America boosted their target price on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $357.83.

Vertiv Stock Performance

Shares of VRT opened at $262.36 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The stock has a market cap of $101.01 billion, a P/E ratio of 59.36, a PEG ratio of 1.09 and a beta of 2.06. The company has a 50-day moving average of $294.65 and a two-hundred day moving average of $286.87. Vertiv Holdings Co. has a 12-month low of $118.70 and a 12-month high of $379.93.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period in the prior year, the business earned $0.95 earnings per share. The company’s quarterly revenue was up 24.1% on a year-over-year basis. 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, research analysts predict that Vertiv Holdings Co. will post 6.7 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio is 5.66%.

About Vertiv

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.