Vertiv Holdings Co. $VRT Shares Sold by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA lessened its position in Vertiv Holdings Co. (NYSE:VRTFree Report) by 24.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 160,365 shares of the company’s stock after selling 51,056 shares during the quarter. Vertiv accounts for approximately 0.7% of Union Bancaire Privee UBP SA’s portfolio, making the stock its 27th biggest position. Union Bancaire Privee UBP SA’s holdings in Vertiv were worth $40,184,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Maridea Wealth Management LLC acquired a new stake in shares of Vertiv during the first quarter worth about $988,000. Pinnacle Wealth Management Advisory Group LLC increased its stake in Vertiv by 23.8% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,653 shares of the company’s stock worth $414,000 after buying an additional 318 shares during the period. Next Level Wealth Planning LLC acquired a new stake in Vertiv during the 1st quarter worth approximately $251,000. J2 Capital Management Inc purchased a new position in Vertiv in the 1st quarter valued at approximately $649,000. Finally, SmartHarvest Portfolios LLC acquired a new position in shares of Vertiv in the first quarter worth $247,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on VRT shares. Loop Capital began coverage on Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price objective on the stock. Barclays upped their price target on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. JPMorgan Chase & Co. boosted their price objective on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Bank of America upped their target price on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Sanford C. Bernstein began coverage on shares of Vertiv in a research note on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $326.39.

View Our Latest Stock Report on Vertiv

Vertiv Price Performance

VRT stock opened at $304.11 on Friday. The business has a 50 day moving average price of $324.10 and a 200 day moving average price of $254.49. The stock has a market cap of $116.81 billion, a price-to-earnings ratio of 76.41, a PEG ratio of 1.41 and a beta of 2.03. Vertiv Holdings Co. has a fifty-two week low of $110.06 and a fifty-two week high of $379.93. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRTGet Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion for 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%. The firm’s revenue was up 30.1% on a year-over-year basis. During the same period in the prior year, the firm 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. Equities research analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Vertiv Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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