Wedbush Fund Advisers LLC Purchases Shares of 2,445 Vertiv Holdings Co. $VRT

Wedbush Fund Advisers LLC purchased a new position in shares of Vertiv Holdings Co. (NYSE:VRT) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,445 shares of the company’s stock, valued at approximately $819,000.

Other large investors also recently modified their holdings of the company. Lingotto Investment Management LLP acquired a new stake in Vertiv in the fourth quarter valued at approximately $2,641,000. Norges Bank acquired a new position in shares of Vertiv during the fourth quarter worth approximately $808,701,000. Sterling Investment Advisors Ltd. lifted its holdings in shares of Vertiv by 26.1% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after purchasing an additional 4,645 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in Vertiv in the 4th quarter valued at $2,197,000. Finally, WD Rutherford LLC grew its position in Vertiv by 80.7% in the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock valued at $2,443,000 after purchasing an additional 6,734 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

Shares of VRT opened at $255.52 on Wednesday. The stock has a 50 day moving average of $292.63 and a 200 day moving average of $288.52. The company has a market capitalization of $98.37 billion, a price-to-earnings ratio of 57.81, a PEG ratio of 1.05 and a beta of 2.06. Vertiv Holdings Co. has a 12 month low of $118.70 and a 12 month high of $379.93. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.95 earnings per share. 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, sell-side analysts forecast that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently declared 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 of this dividend was Monday, June 15th. Vertiv’s payout ratio is 5.66%.

Analyst Ratings Changes

A number of analysts have commented on VRT shares. Robert W. Baird set a $320.00 price target on shares of Vertiv in a research note on Thursday, July 30th. Piper Sandler set a $375.00 price objective on shares of Vertiv in a report on Wednesday, July 29th. UBS Group reissued a “buy” rating and set a $370.00 target price on shares of Vertiv in a research report on Thursday, July 30th. KeyCorp lowered their target price on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Finally, Bank of America raised their price target on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $357.83.

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.