Vertiv Holdings Co. $VRT Position Lessened by Independence Bank of Kentucky

Independence Bank of Kentucky lowered its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 3.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,593 shares of the company’s stock after selling 2,291 shares during the quarter. Vertiv makes up approximately 1.1% of Independence Bank of Kentucky’s holdings, making the stock its 15th largest position. Independence Bank of Kentucky’s holdings in Vertiv were worth $9,169,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Winslow Capital Management LLC bought a new stake in Vertiv in the second quarter valued at $459,284,000. Schroder Investment Management Group boosted its holdings in shares of Vertiv by 148.0% during the third quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock valued at $275,885,000 after acquiring an additional 1,091,210 shares during the period. Federated Hermes Inc. grew its position in shares of Vertiv by 934.8% during the third quarter. Federated Hermes Inc. now owns 1,098,150 shares of the company’s stock worth $165,667,000 after acquiring an additional 992,031 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Vertiv by 49.5% during 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 during the last quarter. Finally, Holocene Advisors LP acquired a new stake in shares of Vertiv in the 2nd quarter worth about $107,334,000. 89.92% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Jan Van Dokkum sold 38,647 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $254.87, for a total value of $9,849,960.89. Following the completion of the sale, the director owned 25,000 shares in the company, valued at $6,371,750. This represents a 60.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Anders Karlborg sold 30,487 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $246.92, for a total value of $7,527,850.04. Following the transaction, the executive vice president directly owned 34,746 shares of the company’s stock, valued at $8,579,482.32. This represents a 46.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 489,761 shares of company stock worth $123,356,815. 2.63% of the stock is owned by corporate insiders.

Vertiv Trading Down 0.0%

Shares of NYSE:VRT opened at $261.22 on Friday. The company has a 50 day moving average of $239.04 and a 200-day moving average of $194.24. The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.73. The firm has a market cap of $99.94 billion, a P/E ratio of 76.60, a P/E/G ratio of 1.32 and a beta of 2.04. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $282.05.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.07. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.89 billion. During the same quarter last year, the business earned $0.99 earnings per share. The business’s revenue for the quarter was up 22.7% on a year-over-year basis. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. As a group, analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were given a dividend of $0.0625 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 7.33%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on VRT. The Goldman Sachs Group lifted their price objective on shares of Vertiv from $204.00 to $277.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. decreased their target price on shares of Vertiv from $230.00 to $225.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Jefferies Financial Group restated a “hold” rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. Citigroup lifted their price target on Vertiv from $220.00 to $286.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Finally, HSBC started coverage on Vertiv in a research report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $237.45.

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.