CenterBook Partners LP Buys 15,924 Shares of Vertiv Holdings Co. $VRT

CenterBook Partners LP grew its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 164.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,595 shares of the company’s stock after acquiring an additional 15,924 shares during the quarter. CenterBook Partners LP’s holdings in Vertiv were worth $4,147,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VRT. Kohmann Bosshard Financial Services LLC purchased a new position in Vertiv in the 4th quarter worth about $29,000. Park Place Capital Corp raised its position in Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after buying an additional 156 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in Vertiv by 98.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock worth $30,000 after buying an additional 93 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Vertiv in the 3rd quarter worth about $30,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new position in Vertiv in the 3rd quarter worth about $31,000. 89.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on VRT shares. Wall Street Zen raised Vertiv from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Evercore reissued an “outperform” rating and issued a $425.00 target price on shares of Vertiv in a research report on Tuesday, May 12th. JPMorgan Chase & Co. boosted their target price on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Bank of America boosted their target price on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $322.32.

Vertiv Trading Up 0.1%

Vertiv stock opened at $300.91 on Tuesday. The business has a 50-day simple moving average of $312.62 and a two-hundred day simple moving average of $241.34. The company has a market cap of $115.58 billion, a P/E ratio of 75.61, a P/E/G ratio of 1.30 and a beta of 2.04. Vertiv Holdings Co. has a 52-week low of $107.38 and a 52-week 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.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The business 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 business’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.64 EPS. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be paid 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 payout ratio is currently 6.28%.

About Vertiv

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.