Vertiv Holdings Co. $VRT Shares Sold by Smith Salley Wealth Management

Smith Salley Wealth Management lowered its position in Vertiv Holdings Co. (NYSE:VRT) by 12.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 19,814 shares of the company’s stock after selling 2,907 shares during the period. Smith Salley Wealth Management’s holdings in Vertiv were worth $4,965,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of VRT. Vermillion & White Wealth Management Group LLC raised its position in Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after buying an additional 56 shares during the last quarter. Sankala Group LLC purchased a new stake in shares of Vertiv in the 4th quarter valued at $27,000. Meeder Asset Management Inc. boosted its holdings in shares of Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after acquiring an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new stake in shares of Vertiv in the fourth quarter worth $27,000. Finally, Park Place Capital Corp increased its stake in shares of Vertiv by 624.0% in the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

VRT opened at $333.49 on Monday. 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 firm has a fifty day moving average price of $321.56 and a 200 day moving average price of $250.02. Vertiv Holdings Co. has a 1 year low of $110.06 and a 1 year high of $379.93. The stock has a market cap of $128.10 billion, a P/E ratio of 83.79, a P/E/G ratio of 1.44 and a beta of 2.04.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Equities research analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio is presently 6.28%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VRT. The Goldman Sachs Group raised their target price on shares of Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Sanford C. Bernstein initiated coverage on shares of Vertiv in a report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price target on the stock. Citigroup increased their price target on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. lifted their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Finally, Bank of America upped their target price on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $326.39.

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.