Sterling Capital Management LLC Decreases Stake in Vertiv Holdings Co. $VRT

Sterling Capital Management LLC cut its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 20.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,020 shares of the company’s stock after selling 9,554 shares during the period. Sterling Capital Management LLC’s holdings in Vertiv were worth $9,527,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Webster Bank N. A. raised its position in Vertiv by 6.9% in the 1st quarter. Webster Bank N. A. now owns 542 shares of the company’s stock worth $136,000 after buying an additional 35 shares during the last quarter. Quotient Wealth Partners LLC boosted its holdings in shares of Vertiv by 2.5% during the 1st quarter. Quotient Wealth Partners LLC now owns 1,813 shares of the company’s stock valued at $454,000 after acquiring an additional 45 shares during the last quarter. Bell Investment Advisors Inc grew its stake in shares of Vertiv by 9.6% in the first quarter. Bell Investment Advisors Inc now owns 514 shares of the company’s stock worth $129,000 after acquiring an additional 45 shares during the period. Hohimer Wealth Management LLC grew its stake in shares of Vertiv by 0.8% in the fourth quarter. Hohimer Wealth Management LLC now owns 6,264 shares of the company’s stock worth $1,015,000 after acquiring an additional 48 shares during the period. Finally, Waterfront Wealth Inc. raised its holdings in shares of Vertiv by 2.5% during the fourth quarter. Waterfront Wealth Inc. now owns 2,253 shares of the company’s stock valued at $365,000 after purchasing an additional 56 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VRT. Evercore restated an “outperform” rating and issued a $425.00 target price on shares of Vertiv in a report on Tuesday, May 12th. Barclays increased their price target on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Sanford C. Bernstein assumed coverage on Vertiv in a research note on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price target on the stock. Citigroup lifted their price objective on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Weiss Ratings cut Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.

Vertiv Trading Down 6.6%

Shares of VRT stock opened at $304.11 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The company has a market cap of $116.81 billion, a price-to-earnings ratio of 76.41, a PEG ratio of 1.41 and a beta of 2.03. Vertiv Holdings Co. has a 1 year low of $110.06 and a 1 year high of $379.93. The firm has a fifty day moving average price of $324.10 and a 200-day moving average price of $254.49.

Vertiv (NYSE:VRT) last announced its earnings results 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 return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same period last year, the firm earned $0.64 EPS. Vertiv’s revenue for the quarter was up 30.1% compared to the same quarter last year. 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, equities analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given 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 of this dividend was Monday, June 15th. Vertiv’s payout ratio is presently 6.28%.

Vertiv 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.