Goldenstone Wealth Management LLC Purchases New Position in Vertiv Holdings Co. $VRT

Goldenstone Wealth Management LLC purchased a new stake in Vertiv Holdings Co. (NYSE:VRT) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 2,265 shares of the company’s stock, valued at approximately $367,000.

Other hedge funds have also modified their holdings of the company. Howard Capital Management Inc. increased its stake in Vertiv by 3.0% during the 3rd quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock worth $277,000 after purchasing an additional 54 shares in the last quarter. Waterfront Wealth Inc. raised its holdings in Vertiv by 2.5% during the 4th quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock worth $365,000 after buying an additional 56 shares during the period. Balance Wealth LLC raised its holdings in Vertiv by 2.8% during the 4th quarter. Balance Wealth LLC now owns 2,089 shares of the company’s stock worth $338,000 after buying an additional 57 shares during the period. Legacy Capital Group California Inc. raised its holdings in Vertiv by 3.2% during the 4th quarter. Legacy Capital Group California Inc. now owns 1,859 shares of the company’s stock worth $301,000 after buying an additional 57 shares during the period. Finally, Fairfield Financial Advisors LTD raised its holdings in Vertiv by 2.3% during the 4th quarter. Fairfield Financial Advisors LTD now owns 2,564 shares of the company’s stock worth $415,000 after buying an additional 58 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Price Performance

NYSE:VRT opened at $315.44 on Thursday. Vertiv Holdings Co. has a 1-year low of $101.00 and a 1-year high of $379.93. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The firm has a fifty day simple moving average of $298.08 and a 200 day simple moving average of $228.35. The stock has a market capitalization of $121.16 billion, a PE ratio of 79.26, a P/E/G ratio of 1.38 and a beta of 2.09.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating 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 business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same period last year, the business earned $0.64 earnings per share. The firm’s 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. On average, research analysts expect that Vertiv Holdings Co. will post 6.42 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were paid a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Insiders Place Their Bets

In other Vertiv news, Director Edward L. Monser sold 77,294 shares of Vertiv stock in a transaction on Friday, March 6th. The shares were sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the completion of the transaction, the director directly owned 16,500 shares of the company’s stock, valued at $4,050,585. The trade was a 82.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Roger Fradin sold 101,667 shares of Vertiv stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $253.42, for a total transaction of $25,764,451.14. Following the transaction, the director directly owned 40,000 shares of the company’s stock, valued at approximately $10,136,800. This trade represents a 71.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 489,761 shares of company stock valued at $123,356,815 in the last ninety days. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. JPMorgan Chase & Co. raised their target price on shares of Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $281.00 target price on shares of Vertiv in a report on Thursday, February 12th. Jefferies Financial Group restated a “hold” rating and set a $260.00 target price (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. Barclays raised their price target on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Twenty-two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $320.36.

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.