Bamco Inc. NY Sells 525,071 Shares of Vertiv Holdings Co. $VRT

Bamco Inc. NY cut its holdings in Vertiv Holdings Co. (NYSE:VRT) by 25.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,545,572 shares of the company’s stock after selling 525,071 shares during the period. Vertiv comprises about 0.7% of Bamco Inc. NY’s holdings, making the stock its 27th largest holding. Bamco Inc. NY’s holdings in Vertiv were worth $250,398,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hohimer Wealth Management LLC boosted its stake in Vertiv by 0.8% in the fourth quarter. Hohimer Wealth Management LLC now owns 6,264 shares of the company’s stock valued at $1,015,000 after acquiring an additional 48 shares during the last quarter. Waterfront Wealth Inc. boosted its stake in Vertiv by 2.5% in the fourth quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock valued at $365,000 after acquiring an additional 56 shares during the last quarter. Balance Wealth LLC boosted its stake in Vertiv by 2.8% in the fourth quarter. Balance Wealth LLC now owns 2,089 shares of the company’s stock valued at $338,000 after acquiring an additional 57 shares during the last quarter. Legacy Capital Group California Inc. raised its holdings in Vertiv by 3.2% in the fourth quarter. Legacy Capital Group California Inc. now owns 1,859 shares of the company’s stock worth $301,000 after purchasing an additional 57 shares during the period. Finally, Fairfield Financial Advisors LTD boosted its position in shares of Vertiv by 2.3% during the fourth quarter. Fairfield Financial Advisors LTD now owns 2,564 shares of the company’s stock worth $415,000 after purchasing an additional 58 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

Vertiv Trading Up 6.1%

Shares of NYSE:VRT opened at $318.00 on Thursday. Vertiv Holdings Co. has a 12 month low of $110.06 and a 12 month high of $379.93. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The company’s fifty day simple moving average is $319.07 and its 200 day simple moving average is $247.86. The firm has a market cap of $122.15 billion, a price-to-earnings ratio of 79.90, a PEG ratio of 1.30 and a beta of 2.03.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $2.63 billion. During the same period last year, the business posted $0.64 earnings per share. The firm’s quarterly 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. As a group, research analysts forecast that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on VRT shares. The Goldman Sachs Group lifted their price target on shares of Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Citigroup lifted their price target on shares of Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Royal Bank Of Canada lifted their price target 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. BNP Paribas Exane started coverage on shares of Vertiv in a research report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Finally, Barclays lifted their price target on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Three equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and a consensus target price of $326.39.

Vertiv Company 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.