Wedbush Fund Advisers LLC Takes Position in Vertiv Holdings Co. $VRT

Wedbush Fund Advisers LLC purchased a new position in shares of Vertiv Holdings Co. (NYSE:VRT) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 2,445 shares of the company’s stock, valued at approximately $819,000.

A number of other hedge funds also recently modified their holdings of the stock. Sachetta LLC raised its stake in shares of Vertiv by 41.4% in the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares during the period. Cornerstone Planning Group LLC grew its stake in shares of Vertiv by 60.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock worth $33,000 after acquiring an additional 49 shares during the period. GoalVest Advisory LLC grew its stake in shares of Vertiv by 87.3% during the 2nd quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock worth $50,000 after acquiring an additional 69 shares during the period. Vermillion & White Wealth Management Group LLC increased its holdings in Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares during the last quarter. Finally, Center for Financial Planning Inc. increased its holdings in Vertiv by 554.2% in the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after acquiring an additional 133 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Vertiv Stock Up 0.2%

Shares of NYSE VRT opened at $255.52 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The company has a market cap of $98.37 billion, a P/E ratio of 57.81, a P/E/G ratio of 1.05 and a beta of 2.06. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The business has a 50-day simple moving average of $292.63 and a two-hundred day simple moving average of $288.52.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the prior year, the business posted $0.95 earnings per share. The company’s revenue was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Research analysts anticipate that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio is 5.66%.

Analyst Ratings Changes

VRT has been the topic of a number of research reports. Roth Capital restated a “buy” rating and issued a $355.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. UBS Group reiterated a “buy” rating and issued a $370.00 target price on shares of Vertiv in a research note on Thursday, July 30th. Piper Sandler set a $375.00 price target on shares of Vertiv in a research report on Wednesday, July 29th. Evercore set a $375.00 price target on shares of Vertiv in a research note on Wednesday, July 29th. Finally, Weiss Ratings downgraded shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $357.83.

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.