Wealth Management Partners LLC Sells 3,071 Shares of Vertiv Holdings Co. $VRT

Wealth Management Partners LLC cut its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 18.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,903 shares of the company’s stock after selling 3,071 shares during the quarter. Vertiv accounts for approximately 1.0% of Wealth Management Partners LLC’s holdings, making the stock its 22nd biggest holding. Wealth Management Partners LLC’s holdings in Vertiv were worth $3,484,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after purchasing an additional 56 shares in the last quarter. Sankala Group LLC purchased a new position in Vertiv in the 4th quarter worth $27,000. Meeder Asset Management Inc. lifted its stake in Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares during the last quarter. Rossby Financial LCC bought a new stake in Vertiv in the fourth quarter worth $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 buying an additional 156 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Vertiv Price Performance

VRT stock opened at $318.38 on Wednesday. The stock has a market capitalization of $122.29 billion, a price-to-earnings ratio of 79.99, a PEG ratio of 1.55 and a beta of 2.03. The firm’s 50-day moving average price is $323.44 and its two-hundred day moving average price is $252.25. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month 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. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. Vertiv’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, equities analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a $0.0625 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 6.28%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on VRT shares. Sanford C. Bernstein started coverage on Vertiv in a research note on Tuesday, June 9th. They set an “outperform” rating and a $416.00 price objective on the stock. Morgan Stanley increased their target price on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Barclays raised their price target on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. boosted their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and a consensus price target of $326.39.

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.