Castleark Management LLC Has $28.16 Million Stake in Vertiv Holdings Co. $VRT

Castleark Management LLC lowered its stake in Vertiv Holdings Co. (NYSE:VRT) by 9.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 112,363 shares of the company’s stock after selling 12,374 shares during the quarter. Vertiv comprises 0.9% of Castleark Management LLC’s investment portfolio, making the stock its 26th largest holding. Castleark Management LLC’s holdings in Vertiv were worth $28,156,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Vermillion & White Wealth Management Group LLC boosted its stake in Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares in the last quarter. Sankala Group LLC bought a new stake in Vertiv in the fourth quarter valued at $27,000. Meeder Asset Management Inc. raised its holdings in shares of Vertiv by 211.3% during the fourth 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 acquired a new position in shares of Vertiv during the fourth quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Vertiv during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

VRT has been the subject of several research reports. TD Cowen raised their target price on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Royal Bank Of Canada dropped their price target on Vertiv from $435.00 to $418.00 and set an “outperform” rating on the stock in a research note on Thursday, July 16th. Wall Street Zen lowered Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Loop Capital began coverage on Vertiv in a report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective for the company. Finally, Barclays boosted their price objective on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $343.48.

Vertiv News Roundup

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: KeyCorp upgraded Vertiv to “strong-buy”, a vote of confidence that signals analysts see more upside in the stock. Zacks.com
• Positive Sentiment: Vertiv is being highlighted as a leading AI infrastructure play, with Zacks arguing investors may prefer infrastructure names like VRT over AI chips and mega-cap tech for exposure to the AI boom. Article Title
• Positive Sentiment: Investors are anticipating Vertiv’s upcoming Q2 earnings, with expectations for strong revenue and EPS growth driven by AI-related demand, partnerships, and expansion efforts. Article Title
• Positive Sentiment: Vertiv announced it is expanding manufacturing and testing capacity at its Tognana campus near Padua, which could help it meet growing demand and support future sales. Article Title
• Positive Sentiment: The company also announced a deployment supporting the Naval Postgraduate School’s NVIDIA DGX GB300 system, showcasing Vertiv’s integrated power, liquid cooling, rack infrastructure, and installation services for high-density AI systems. Article Title
• Neutral Sentiment: Recent articles note that Vertiv’s rally has cooled after a big run-up, with the stock pulling back from prior gains; this suggests some profit-taking, though the longer-term growth story remains intact. Article Title
• Negative Sentiment: One recent note said Vertiv dipped more than the broader market in the latest session, reflecting short-term volatility despite the strong fundamental backdrop. Article Title

Vertiv Trading Down 0.0%

NYSE:VRT opened at $290.29 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 50-day moving average of $313.24 and a 200-day moving average of $274.74. The company has a market cap of $111.50 billion, a PE ratio of 72.94, a PEG ratio of 1.25 and a beta of 2.03. Vertiv Holdings Co. has a one year low of $118.70 and a one year high of $379.93.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is 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.