Concorde Asset Management LLC Cuts Stock Position in Vertiv Holdings Co. $VRT

Concorde Asset Management LLC lessened its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 50.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,303 shares of the company’s stock after selling 6,453 shares during the quarter. Concorde Asset Management LLC’s holdings in Vertiv were worth $1,579,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Norges Bank acquired a new position in shares of Vertiv in the fourth quarter valued at approximately $808,701,000. Marshall Wace LLP boosted its position in Vertiv by 265.6% in the 4th quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock valued at $432,568,000 after buying an additional 1,939,749 shares during the period. Alkeon Capital Management LLC grew its stake in shares of Vertiv by 178.2% in the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock worth $324,524,000 after acquiring an additional 1,283,110 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Vertiv by 49.5% in the second quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after acquiring an additional 930,158 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Vertiv during the third quarter worth $125,331,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv News Summary

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Management raised its full-year 2026 guidance for revenue, adjusted operating profit, adjusted EPS, operating margin and free cash flow. Vertiv also reported adjusted EPS above expectations, supported by stronger margins and operating execution. Vertiv Q2 Earnings Beat Estimates, Net Sales Rise Year over Year
• Positive Sentiment: Analysts and commentators continue to cite Vertiv’s approximately $15 billion backlog, nearly 2.9-times book-to-bill ratio and expanding margins as evidence that AI data-center demand remains durable. Big Tech’s projected 2026 AI spending of more than $750 billion could further support orders for Vertiv’s power and cooling systems. Vertiv Holdings: The Market Is Selling The Wrong Number
• Positive Sentiment: Several market observers view the stock as oversold after its sharp recent decline, while upward earnings-estimate revisions could help support a rebound. Technical analysts also suggested Friday’s reversal may continue. Why Vertiv Looks Ripe for a Turnaround
• Positive Sentiment: Despite lowering its price target, Citigroup maintained a Buy rating, and other analysts continue to see substantial upside based on Vertiv’s growth outlook. One Seeking Alpha contributor reiterated a Strong Buy rating and set a $398 target. Higher Guidance Supports My Strong Buy Rating
• Neutral Sentiment: Vertiv’s second-quarter revenue came in below expectations, although revenue still grew year over year and adjusted EPS exceeded consensus. The mixed result has left investors weighing near-term execution against longer-term AI demand.
• Negative Sentiment: Citigroup cut its Vertiv price target from $414 to $358, while KeyCorp reduced its target from $360 to $325. Both firms retained favorable ratings, but the reductions reflect valuation or near-term execution concerns. Vertiv Price Target Cut by Citigroup

Vertiv Price Performance

Vertiv stock opened at $242.09 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.15 and a debt-to-equity ratio of 0.62. The company has a fifty day simple moving average of $305.65 and a 200-day simple moving average of $276.86. The stock has a market cap of $92.99 billion, a P/E ratio of 54.77, a price-to-earnings-growth ratio of 0.99 and a beta of 2.03. Vertiv Holdings Co. has a 12-month low of $118.70 and a 12-month high of $379.93.

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

Vertiv Announces Dividend

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

Analyst Ratings Changes

Several brokerages have recently issued reports on VRT. Evercore set a $375.00 price objective on Vertiv in a research note on Wednesday. Morgan Stanley increased their price target on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. JPMorgan Chase & Co. lifted their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Wall Street Zen cut Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Finally, Citigroup lowered their price objective on Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $337.33.

Vertiv 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.