Meitav Investment House Ltd. Trims Stake in Vertiv Holdings Co. $VRT

Meitav Investment House Ltd. reduced its stake in Vertiv Holdings Co. (NYSE:VRT) by 94.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. CreativeOne Wealth LLC grew its position in shares of Vertiv by 187.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock worth $1,606,000 after buying an additional 6,947 shares during the period. Lingotto Investment Management LLP purchased a new position in Vertiv during the 4th quarter valued at about $2,641,000. Norges Bank purchased a new position in Vertiv during the 4th quarter valued at about $808,701,000. Sterling Investment Advisors Ltd. boosted its stake in Vertiv by 26.1% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after acquiring an additional 4,645 shares in the last quarter. Finally, Dymon Asia Capital Singapore PTE. LTD. bought a new stake in Vertiv during the fourth quarter worth about $2,197,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Vertiv Stock Down 7.0%

NYSE:VRT traded down $22.25 on Tuesday, reaching $296.23. 2,644,338 shares of the stock traded hands, compared to its average volume of 6,957,610. 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 company has a market capitalization of $113.78 billion, a price-to-earnings ratio of 74.48, a PEG ratio of 1.30 and a beta of 2.03. Vertiv Holdings Co. has a 12 month low of $110.06 and a 12 month high of $379.93. The company’s fifty day simple moving average is $324.54 and its 200 day simple moving average is $259.86.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the prior year, the firm posted $0.64 earnings per share. The business’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. Equities analysts predict that Vertiv Holdings Co. will post 6.37 EPS for the current fiscal year.

Vertiv Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have weighed in on VRT. Mizuho set a $380.00 target price on shares of Vertiv in a research note on Thursday, May 21st. Loop Capital began coverage on Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target on the stock. Royal Bank Of Canada upped their price target on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Barclays raised 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. Finally, BNP Paribas Exane initiated coverage on Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.