Vertiv Holdings Co. $VRT Stock Holdings Lowered by Merrion Investment Management Co LLC

Merrion Investment Management Co LLC lessened its stake in Vertiv Holdings Co. (NYSE:VRT) by 18.7% in the third quarter, Holdings Channel reports. The fund owned 18,288 shares of the company’s stock after selling 4,212 shares during the quarter. Vertiv makes up about 1.9% of Merrion Investment Management Co LLC’s holdings, making the stock its 16th biggest holding. Merrion Investment Management Co LLC’s holdings in Vertiv were worth $4,413,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of VRT. State Street Corp boosted its stake in shares of Vertiv by 4.5% in the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after purchasing an additional 704,970 shares during the period. Wellington Management Group LLP increased its stake in Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock worth $1,270,428,000 after buying an additional 468,380 shares during the period. Legal & General Group Plc increased its stake in Vertiv by 1.1% during the 2nd quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock worth $716,169,000 after buying an additional 23,444 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Vertiv by 1.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock worth $678,890,000 after buying an additional 51,328 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Vertiv by 33.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock worth $604,059,000 after buying an additional 608,176 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Insider Buying and Selling

In related news, Director Edward Monser sold 15,287 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the completion of the sale, the director directly owned 16,500 shares of the company’s stock, valued at $4,188,030. The trade was a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

Vertiv Stock Down 4.0%

VRT traded down $8.68 during trading on Friday, hitting $206.07. The company had a trading volume of 6,421,556 shares, compared to its average volume of 4,932,506. Vertiv Holdings Co. has a 1-year low of $147.82 and a 1-year high of $379.93. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The company has a market cap of $79.34 billion, a PE ratio of 46.62, a P/E/G ratio of 0.80 and a beta of 2.05. The business has a 50-day moving average of $255.71 and a 200-day moving average of $288.75.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period last year, the business earned $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, analysts forecast that Vertiv Holdings Co. will post 6.73 earnings per share for the current year.

Vertiv Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th 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 Monday, September 14th. Vertiv’s dividend payout ratio (DPR) is 5.66%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Piper Sandler set a $375.00 target price on Vertiv in a research report on Wednesday, July 29th. TD Cowen cut their price target on Vertiv from $387.00 to $356.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. BMO Capital Markets began coverage on Vertiv in a report on Sunday, October 4th. They issued an “outperform” rating and a $329.00 price target for the company. Finally, Oppenheimer restated an “outperform” rating and set a $325.00 price objective (down from $353.00) on shares of Vertiv in a research note on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and a consensus target price of $335.67.

Vertiv Company Profile

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.