Platinum Investment Management Ltd. Sells 7,087 Shares of Vertiv Holdings Co. $VRT

Platinum Investment Management Ltd. decreased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 37.0% during the 4th quarter, Holdings Channel reports. The firm owned 12,045 shares of the company’s stock after selling 7,087 shares during the quarter. Platinum Investment Management Ltd.’s holdings in Vertiv were worth $1,951,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VRT. Meeder Asset Management Inc. boosted its position in shares of Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares in the last quarter. Rossby Financial LCC bought a new stake in shares of Vertiv during the 4th quarter valued at about $27,000. Park Place Capital Corp boosted its position in shares of Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Vertiv during the 4th quarter valued at about $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Vertiv during the 3rd quarter valued at about $30,000. Institutional investors own 89.92% of the company’s stock.

Vertiv Stock Up 1.5%

Shares of NYSE:VRT opened at $302.47 on Friday. The business’s 50 day simple moving average is $316.12 and its two-hundred day simple moving average is $244.41. The firm has a market cap of $116.18 billion, a P/E ratio of 76.00, a PEG ratio of 1.29 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. Vertiv Holdings Co. has a 52-week low of $110.06 and a 52-week high of $379.93.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, research analysts forecast that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be given a $0.0625 dividend. 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 dividend payout ratio (DPR) is currently 6.28%.

Analyst Ratings Changes

Several equities research analysts recently commented on VRT shares. Barclays upped their target price on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Wall Street Zen upgraded Vertiv from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Weiss Ratings lowered Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Sanford C. Bernstein started coverage on Vertiv in a research report on Tuesday. They set an “outperform” rating and a $416.00 target price on the stock. Finally, Oppenheimer upped their target price on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average 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.