Vertiv Holdings Co. $VRT Shares Sold by Peterson Wealth Services

Peterson Wealth Services lowered its stake in Vertiv Holdings Co. (NYSE:VRT) by 68.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,784 shares of the company’s stock after selling 14,852 shares during the quarter. Peterson Wealth Services’ holdings in Vertiv were worth $1,099,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VRT. Meeder Asset Management Inc. lifted its position in 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 buying an additional 112 shares during the last quarter. Park Place Capital Corp lifted its position in Vertiv by 624.0% in 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 last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in Vertiv in the fourth quarter valued at about $29,000. Cullen Frost Bankers Inc. lifted its position in Vertiv by 98.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after buying an additional 93 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in Vertiv in the third quarter valued at about $30,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on VRT shares. Barclays upped their target price on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Roth Mkm reissued a “buy” rating and set a $355.00 price target on shares of Vertiv in a research report on Thursday, May 21st. Citigroup increased their price target on shares of Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. HSBC assumed coverage on shares of Vertiv in a research report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price target on the stock. Finally, Sanford C. Bernstein assumed coverage on shares of Vertiv in a research report on Tuesday. They set an “outperform” rating and a $416.00 price target on the stock. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Stock Up 6.0%

Shares of VRT opened at $297.80 on Friday. The stock has a market capitalization of $114.39 billion, a PE ratio of 74.82, a P/E/G ratio of 1.22 and a beta of 2.03. Vertiv Holdings Co. has a 1 year low of $108.81 and a 1 year high of $379.93. 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 company’s 50-day simple moving average is $315.26 and its 200-day simple moving average is $244.00.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. Analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be issued a $0.0625 dividend. The ex-dividend date of this dividend 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%.

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.