Smithbridge Asset Management Inc. DE Boosts Stock Holdings in Vertiv Holdings Co. $VRT

Smithbridge Asset Management Inc. DE raised its holdings in Vertiv Holdings Co. (NYSE:VRT) by 30.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 160,005 shares of the company’s stock after purchasing an additional 37,550 shares during the period. Vertiv accounts for about 2.2% of Smithbridge Asset Management Inc. DE’s holdings, making the stock its 11th biggest position. Smithbridge Asset Management Inc. DE’s holdings in Vertiv were worth $25,922,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Vertiv in the fourth quarter worth about $29,000. Park Place Capital Corp boosted its position in shares of Vertiv by 624.0% in the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after acquiring an additional 156 shares during the period. Cullen Frost Bankers Inc. boosted its position in shares of Vertiv by 98.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after acquiring an additional 93 shares during the period. Measured Wealth Private Client Group LLC bought a new position in shares of Vertiv in the third quarter valued at approximately $30,000. Finally, Foster Dykema Cabot & Partners LLC bought a new position in shares of Vertiv in the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Down 2.9%

Shares of NYSE VRT opened at $281.14 on Thursday. 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 Holdings Co. has a 52 week low of $107.38 and a 52 week high of $379.93. The firm’s fifty day moving average is $314.32 and its 200 day moving average is $243.03. The company has a market cap of $107.99 billion, a price-to-earnings ratio of 70.64, a PEG ratio of 1.25 and a beta of 2.03.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the previous year, the firm earned $0.64 earnings per share. The firm’s revenue for the quarter 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, equities research analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s payout ratio is presently 6.28%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on VRT. Evercore restated an “outperform” rating and issued a $425.00 price objective on shares of Vertiv in a research report on Tuesday, May 12th. Roth Mkm reiterated a “buy” rating and set a $355.00 target price on shares of Vertiv 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 company an “outperform” 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 company an “overweight” rating in a research report on Thursday, April 23rd. Finally, TD Cowen lifted 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. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus target price of $326.39.

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.