Catalyst Capital Advisors LLC Sells 2,425 Shares of Vertiv Holdings Co. $VRT

Catalyst Capital Advisors LLC decreased its holdings in Vertiv Holdings Co. (NYSE:VRTFree Report) by 30.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,425 shares of the company’s stock after selling 2,425 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Vertiv were worth $879,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Norges Bank bought a new position in Vertiv in the 4th quarter valued at about $808,701,000. Cornerstone Select Advisors LLC lifted its position in Vertiv by 6.1% in the 4th quarter. Cornerstone Select Advisors LLC now owns 12,658 shares of the company’s stock valued at $2,051,000 after acquiring an additional 725 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of Vertiv during the 4th quarter worth approximately $12,751,000. Fideuram Asset Management Ireland dac bought a new position in shares of Vertiv during the 4th quarter worth approximately $860,000. Finally, Andar Capital Management HK Ltd bought a new position in shares of Vertiv during the 4th quarter worth approximately $729,000. Institutional investors own 89.92% of the company’s stock.

Insiders Place Their Bets

In related news, Director Edward L. Monser sold 77,294 shares of Vertiv stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $245.49, for a total value of $18,974,904.06. Following the completion of the transaction, the director directly owned 16,500 shares in the company, valued at approximately $4,050,585. The trade was a 82.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on VRT. Bank of America lifted their target price on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Morgan Stanley lifted their target price on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Royal Bank Of Canada lifted their target price on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, Mizuho set a $380.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $322.32.

Get Our Latest Stock Analysis on Vertiv

Vertiv Stock Up 0.6%

Vertiv stock opened at $316.01 on Friday. Vertiv Holdings Co. has a 1-year low of $104.71 and a 1-year high of $379.93. The firm has a market capitalization of $121.38 billion, a price-to-earnings ratio of 79.40, a P/E/G ratio of 1.36 and a beta of 2.09. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The firm has a 50 day simple moving average of $305.93 and a 200 day simple moving average of $234.69.

Vertiv (NYSE:VRTGet Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same period in the previous year, the business earned $0.64 EPS. Vertiv’s revenue was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Tuesday, March 17th. Vertiv’s payout ratio is currently 6.28%.

Vertiv 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.

See Also

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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