Sierra Summit Advisors LLC Reduces Position in Vertiv Holdings Co. $VRT

Sierra Summit Advisors LLC reduced its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 28.3% in the first quarter, HoldingsChannel.com reports. The firm owned 65,960 shares of the company’s stock after selling 25,972 shares during the period. Vertiv comprises about 2.4% of Sierra Summit Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Sierra Summit Advisors LLC’s holdings in Vertiv were worth $16,528,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Empowered Funds LLC raised its position in Vertiv by 25.9% in the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after buying an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Vertiv during the 2nd quarter valued at $567,000. Cary Street Partners Financial LLC boosted its holdings in Vertiv by 19.8% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after acquiring an additional 230 shares during the last quarter. Bank of Nova Scotia boosted its holdings in Vertiv by 49.7% during the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after acquiring an additional 9,712 shares during the last quarter. Finally, Ossiam bought a new stake in shares of Vertiv in the 2nd quarter worth $50,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Key Vertiv News

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Vertiv opened a new manufacturing facility in Johor, Malaysia to expand capacity for AI and high-density computing infrastructure across Asia, which should improve supply, regional execution, and growth prospects. Vertiv (VRT) Opens New Johor Facility To Serve Asia Pacific AI Data Center Demand
• Positive Sentiment: Analysts continue to point to strong backlog growth and demand tied to AI data center spending, supporting expectations for continued revenue and earnings momentum. Vertiv Holdings Co (VRT) Continues to Add Strong Backlogs
• Positive Sentiment: GLJ Research upgraded Vertiv to Hold from Sell, a modestly more favorable view that may help sentiment after recent weakness. GLJ Research’s Analyst Upgrades Vertiv Holdings Co (VRT)
• Neutral Sentiment: Multiple articles highlighted Vertiv’s premium valuation, including a price/book near 27.8x and concerns that the stock may already reflect much of the AI growth story. Should You Buy, Sell, or Hold VRT Stock at Its Price/Book of 27.78X?
• Neutral Sentiment: Commentary also suggested Vertiv could beat earnings estimates again, but that appears to be more of an ongoing expectation than a new catalyst. Why Vertiv (VRT) is Poised to Beat Earnings Estimates Again
• Negative Sentiment: Shares fell sharply in the prior session, and recent selling pressure suggests investors are taking profits or reassessing the stock’s valuation after a strong multi-year run. Vertiv Holdings Co. (VRT) Registers a Bigger Fall Than the Market: Important Facts to Note

Vertiv Trading Down 3.5%

NYSE VRT opened at $300.49 on Friday. The stock has a market capitalization of $115.42 billion, a price-to-earnings ratio of 75.50, a PEG ratio of 1.35 and a beta of 2.03. Vertiv Holdings Co. has a one year low of $110.06 and a one year high of $379.93. 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 business’s fifty day moving average is $324.64 and its 200-day moving average is $258.88.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The company 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% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Equities research analysts predict that Vertiv Holdings Co. will post 6.37 EPS for the current year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid 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%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on VRT shares. Jefferies Financial Group reiterated a “hold” rating and issued a $260.00 target price (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. TD Cowen upped their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Bank of America increased their price objective on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Loop Capital began coverage on shares of Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price objective for the company. Finally, Fox Advisors raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Vertiv presently has a consensus rating of “Moderate Buy” and a consensus target price 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.