Proficio Capital Partners LLC Purchases Shares of 2,039 Vertiv Holdings Co. $VRT

Proficio Capital Partners LLC purchased a new position in Vertiv Holdings Co. (NYSE:VRT) in the second quarter, HoldingsChannel.com reports. The firm purchased 2,039 shares of the company’s stock, valued at approximately $683,000.

Several other institutional investors have also recently made changes to their positions in the stock. Teza Capital Management LLC purchased a new position in shares of Vertiv during the 2nd quarter valued at about $415,000. Rehmann Capital Advisory Group increased its holdings in Vertiv by 12.5% in the 2nd quarter. Rehmann Capital Advisory Group now owns 2,392 shares of the company’s stock worth $801,000 after acquiring an additional 266 shares in the last quarter. NS Partners Ltd purchased a new stake in Vertiv in the 2nd quarter worth approximately $9,525,000. CMH Wealth Management LLC raised its stake in Vertiv by 0.6% during the 2nd quarter. CMH Wealth Management LLC now owns 37,825 shares of the company’s stock worth $12,665,000 after acquiring an additional 215 shares during the period. Finally, CTC Alternative Strategies Ltd. bought a new stake in Vertiv during the 2nd quarter worth approximately $1,527,000. Institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

VRT stock opened at $256.48 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The company’s fifty day moving average price is $285.51 and its 200-day moving average price is $290.50. Vertiv Holdings Co. has a one year low of $118.70 and a one year high of $379.93. The company has a market capitalization of $98.74 billion, a PE ratio of 58.03, a price-to-earnings-growth ratio of 1.06 and a beta of 2.07.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period last year, the company posted $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities analysts anticipate that Vertiv Holdings Co. will post 6.7 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Oppenheimer reiterated an “outperform” rating and issued a $325.00 price target on shares of Vertiv in a research report on Thursday, July 30th. Barclays lifted their target price on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Bank of America raised their price target on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a report on Friday, May 15th. Finally, Piper Sandler set a $375.00 price objective on Vertiv in a research note on Wednesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $357.83.

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.