Ritholtz Wealth Management Acquires 4,190 Shares of Vertiv Holdings Co. $VRT

Ritholtz Wealth Management raised its holdings in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 137.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 7,238 shares of the company’s stock after purchasing an additional 4,190 shares during the period. Ritholtz Wealth Management’s holdings in Vertiv were worth $1,814,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after purchasing an additional 56 shares in the last quarter. Sankala Group LLC bought a new stake in Vertiv during the 4th quarter valued at $27,000. Meeder Asset Management Inc. increased its holdings in shares of Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after acquiring an additional 112 shares during the period. Rossby Financial LCC bought a new position in shares of Vertiv in the 4th quarter worth $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Vertiv in the 4th quarter worth $29,000. Institutional investors own 89.92% of the company’s stock.

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Vertiv Trading Down 6.6%

Vertiv stock opened at $304.11 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The stock has a market cap of $116.81 billion, a PE ratio of 76.41, a price-to-earnings-growth ratio of 1.32 and a beta of 2.03. The stock has a 50-day moving average of $324.10 and a two-hundred day moving average of $254.49. Vertiv Holdings Co. has a one year low of $110.06 and a one year high of $379.93.

Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the previous year, the firm earned $0.64 earnings per share. The company’s revenue was up 30.1% on a year-over-year basis. 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, research analysts anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were paid a $0.0625 dividend. The ex-dividend date 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 6.28%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. HSBC assumed coverage on Vertiv in a research report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price objective on the stock. Morgan Stanley lifted their price objective 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. Oppenheimer boosted their price objective on shares of Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. TD Cowen increased their target price on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, Zacks Research downgraded shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and an average target price of $326.39.

View Our Latest Research Report on Vertiv

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.

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