Rockefeller Capital Management L.P. Reduces Stock Position in Vertiv Holdings Co. $VRT

Rockefeller Capital Management L.P. decreased its position in Vertiv Holdings Co. (NYSE:VRT) by 7.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 265,485 shares of the company’s stock after selling 22,661 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Vertiv were worth $43,011,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of VRT. World Investment Advisors raised its stake in shares of Vertiv by 34.5% during the fourth quarter. World Investment Advisors now owns 6,457 shares of the company’s stock valued at $1,046,000 after acquiring an additional 1,656 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of Vertiv in the fourth quarter worth about $219,000. Corient Private Wealth LLC increased its holdings in Vertiv by 17.9% during the 4th quarter. Corient Private Wealth LLC now owns 38,207 shares of the company’s stock valued at $6,190,000 after purchasing an additional 5,802 shares during the period. Hsbc Holdings PLC increased its holdings in Vertiv by 63.8% during the 4th quarter. Hsbc Holdings PLC now owns 463,294 shares of the company’s stock valued at $75,201,000 after purchasing an additional 180,538 shares during the period. Finally, Redwood Family Wealth LLC bought a new position in Vertiv during the 4th quarter valued at approximately $341,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

Shares of VRT opened at $333.49 on Monday. The company has a 50-day simple moving average of $321.56 and a two-hundred day simple moving average of $250.02. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The firm has a market capitalization of $128.10 billion, a PE ratio of 83.79, a price-to-earnings-growth ratio of 1.44 and a beta of 2.04. Vertiv Holdings Co. has a one year low of $110.06 and a one year high of $379.93.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the prior year, the business earned $0.64 EPS. The business’s revenue for the quarter 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. On average, analysts anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio is presently 6.28%.

Analysts Set New Price Targets

Several research firms have weighed in on VRT. The Goldman Sachs Group increased their price objective on Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Sanford C. Bernstein assumed coverage on Vertiv in a report on Tuesday, June 9th. They set an “outperform” rating and a $416.00 target price for the company. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Evercore reaffirmed an “outperform” rating and issued a $425.00 price target on shares of Vertiv in a research note on Tuesday, May 12th. Finally, Bank of America lifted their price target on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a report on Friday, May 15th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.

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.