Meitav Investment House Ltd. Reduces Position in Vertiv Holdings Co. $VRT

Meitav Investment House Ltd. lowered its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 94.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 15,800 shares of the company’s stock after selling 290,500 shares during the period. Meitav Investment House Ltd.’s holdings in Vertiv were worth $3,959,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VRT. Vermillion & White Wealth Management Group LLC grew its stake in shares of Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares during the period. Sankala Group LLC purchased a new position in shares of Vertiv during the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. lifted its position in Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares during the period. Rossby Financial LCC bought a new position in Vertiv during the fourth quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Vertiv in the fourth quarter worth approximately $29,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

Shares of NYSE VRT traded down $22.25 during trading on Tuesday, hitting $296.23. The company had a trading volume of 2,644,338 shares, compared to its average volume of 6,957,610. Vertiv Holdings Co. has a 12 month low of $110.06 and a 12 month high of $379.93. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The firm has a market capitalization of $113.78 billion, a P/E ratio of 74.48, a price-to-earnings-growth ratio of 1.30 and a beta of 2.03. The stock has a 50 day simple moving average of $324.54 and a 200 day simple moving average of $259.86.

Vertiv (NYSE:VRT) last announced its quarterly earnings data 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 company 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 firm’s revenue was up 30.1% on a year-over-year basis. 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. As a group, analysts anticipate that Vertiv Holdings Co. will post 6.37 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio is presently 6.28%.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of research analyst reports. HSBC assumed coverage on shares of Vertiv in a research report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 target price for the company. JPMorgan Chase & Co. raised their price target on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Roth Capital reaffirmed a “buy” rating and issued a $355.00 price objective on shares of Vertiv in a report on Thursday, May 21st. Loop Capital began coverage on Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price objective for the company. Finally, Barclays upped their price objective on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.