Sterling Capital Management LLC Sells 9,554 Shares of Vertiv Holdings Co. $VRT

Sterling Capital Management LLC lowered its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 20.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,020 shares of the company’s stock after selling 9,554 shares during the quarter. Sterling Capital Management LLC’s holdings in Vertiv were worth $9,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of VRT. Vermillion & White Wealth Management Group LLC boosted 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 valued at $25,000 after acquiring an additional 56 shares in the last quarter. Sankala Group LLC bought a new position in shares of Vertiv in the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. lifted its stake 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 purchasing an additional 112 shares during the period. Rossby Financial LCC bought a new stake in shares of Vertiv during the fourth quarter valued at approximately $27,000. Finally, Park Place Capital Corp grew its stake in 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 purchasing an additional 156 shares during the period. 89.92% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on VRT shares. Sanford C. Bernstein assumed coverage on Vertiv in a report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price objective for the company. JPMorgan Chase & Co. upped their target price on shares of Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Barclays increased 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. Glj Research raised shares of Vertiv from a “sell” rating to a “hold” rating in a research report on Thursday, June 18th. Finally, Loop Capital started coverage on shares of Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Trading Down 6.6%

Vertiv stock opened at $304.11 on Friday. Vertiv Holdings Co. has a 12 month low of $110.06 and a 12 month high of $379.93. The company has a market capitalization of $116.81 billion, a price-to-earnings ratio of 76.41, a price-to-earnings-growth ratio of 1.41 and a beta of 2.03. The business’s fifty day simple moving average is $324.10 and its two-hundred day simple moving average is $254.49. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT) last issued its quarterly 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. The firm 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 company’s revenue was up 30.1% on a year-over-year basis. During the same period last year, the company earned $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. As a group, equities analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

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.