Deepwater Asset Management LLC Lowers Stock Position in Vertiv Holdings Co. $VRT

Deepwater Asset Management LLC reduced its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 63.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 34,544 shares of the company’s stock after selling 59,534 shares during the period. Vertiv comprises 1.6% of Deepwater Asset Management LLC’s holdings, making the stock its 23rd biggest position. Deepwater Asset Management LLC’s holdings in Vertiv were worth $5,596,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in Vertiv during the 4th quarter valued at approximately $808,701,000. Schroder Investment Management Group raised its stake in Vertiv by 148.0% during the 3rd quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock valued at $275,885,000 after purchasing an additional 1,091,210 shares during the period. Ameriprise Financial Inc. raised its stake in Vertiv by 49.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock valued at $361,033,000 after purchasing an additional 930,158 shares during the period. Qube Research & Technologies Ltd bought a new stake in Vertiv during the 3rd quarter valued at approximately $125,331,000. Finally, Vanguard Group Inc. raised its stake in Vertiv by 2.2% during the 3rd 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. 89.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VRT has been the topic of several recent analyst reports. Evercore reissued an “outperform” rating and set a $425.00 target price on shares of Vertiv in a research note on Tuesday, May 12th. Morgan Stanley lifted their target price on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Mizuho set a $380.00 target price on Vertiv in a research note on Thursday, May 21st. Bank of America lifted their target price on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Wall Street Zen raised Vertiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $322.32.

Vertiv Stock Performance

NYSE VRT opened at $300.44 on Monday. The company has a market cap of $115.40 billion, a P/E ratio of 75.49, a P/E/G ratio of 1.30 and a beta of 2.04. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The business’s 50 day moving average price is $311.65 and its 200-day moving average price is $240.39. Vertiv Holdings Co. has a fifty-two week low of $107.38 and a fifty-two week high of $379.93.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS. 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 predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s 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.