Kestra Advisory Services LLC Has $16.59 Million Holdings in Vertiv Holdings Co. $VRT

Kestra Advisory Services LLC trimmed its position in Vertiv Holdings Co. (NYSE:VRT) by 15.7% in the first quarter, Holdings Channel reports. The fund owned 66,192 shares of the company’s stock after selling 12,310 shares during the quarter. Kestra Advisory Services LLC’s holdings in Vertiv were worth $16,586,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VRT. Empowered Funds LLC boosted its stake in shares of Vertiv by 25.9% during the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after purchasing an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Vertiv in the second quarter valued at approximately $567,000. Cary Street Partners Financial LLC increased its stake in shares of Vertiv by 19.8% in the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after buying an additional 230 shares during the period. Bank of Nova Scotia raised its holdings in Vertiv by 49.7% in the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after buying an additional 9,712 shares during the last quarter. Finally, Ossiam bought a new position in Vertiv in the 2nd quarter valued at approximately $50,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

VRT has been the topic of a number of research reports. Weiss Ratings lowered shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Loop Capital started coverage on shares of Vertiv in a research note on Thursday, May 14th. They set a “buy” rating and a $500.00 price target for the company. Jefferies Financial Group reiterated a “hold” rating and set a $260.00 price target (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. JPMorgan Chase & Co. boosted their price objective on shares of Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, TD Cowen increased their price objective on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and a consensus target price of $342.24.

Vertiv Trading Down 1.6%

VRT stock traded down $5.26 during trading on Friday, hitting $318.66. The company had a trading volume of 2,998,133 shares, compared to its average volume of 6,385,232. The business has a 50-day moving average of $324.66 and a 200-day moving average of $264.75. Vertiv Holdings Co. has a one year low of $118.70 and a one year high of $379.93. The stock has a market cap of $122.40 billion, a PE ratio of 80.07, a PEG ratio of 1.38 and a beta of 2.03. 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 (NYSE:VRT) last released its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the prior year, the firm posted $0.64 EPS. The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts predict that Vertiv Holdings Co. will post 6.38 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is 6.28%.

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.