Kestra Private Wealth Services LLC Raises Holdings in Vertiv Holdings Co. $VRT

Kestra Private Wealth Services LLC boosted its position in Vertiv Holdings Co. (NYSE:VRT) by 29.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,187 shares of the company’s stock after acquiring an additional 3,249 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Vertiv were worth $3,555,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in VRT. Empowered Funds LLC grew its holdings in shares of Vertiv by 25.9% during the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock worth $834,000 after purchasing an additional 2,377 shares during the period. Sivia Capital Partners LLC purchased a new position in Vertiv in the second quarter valued at approximately $567,000. Cary Street Partners Financial LLC raised its holdings in 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 lifted its position in Vertiv by 49.7% during the second 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 in the last quarter. Finally, Ossiam acquired a new position in Vertiv during the second quarter valued at approximately $50,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on VRT shares. Roth Mkm reissued a “buy” rating and issued a $355.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Evercore restated an “outperform” rating and set a $425.00 target price on shares of Vertiv in a report on Tuesday, May 12th. Weiss Ratings lowered shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Barclays upped their price target on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Finally, Sanford C. Bernstein started coverage on Vertiv in a report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Stock Down 6.6%

Shares of NYSE:VRT opened at $304.11 on Friday. The company has a market capitalization of $116.81 billion, a price-to-earnings ratio of 76.41, a price-to-earnings-growth ratio of 1.32 and a beta of 2.03. The company has a 50 day moving average of $324.10 and a two-hundred day moving average of $254.49. Vertiv Holdings Co. has a 52-week low of $110.06 and a 52-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:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates 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 revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period in the previous year, the company 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, analysts forecast that Vertiv Holdings Co. will post 6.36 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. Shareholders of record on Monday, June 15th were given a $0.0625 dividend. 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 presently 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.