4,212 Vertiv Holdings Co. $VRT Shares Sold by Merrion Investment Management Co LLC

Merrion Investment Management Co LLC decreased its position in Vertiv Holdings Co. (NYSE:VRT) by 18.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,288 shares of the company’s stock after selling 4,212 shares during the quarter. Vertiv comprises about 1.9% of Merrion Investment Management Co LLC’s holdings, making the stock its 16th largest position. Merrion Investment Management Co LLC’s holdings in Vertiv were worth $4,413,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Shelton Wealth Management LLC boosted its position in Vertiv by 16.7% during the third quarter. Shelton Wealth Management LLC now owns 7,891 shares of the company’s stock worth $1,904,000 after acquiring an additional 1,132 shares during the last quarter. Annex Advisory Services LLC raised its holdings in Vertiv by 18.5% in the 3rd quarter. Annex Advisory Services LLC now owns 157,247 shares of the company’s stock valued at $37,945,000 after acquiring an additional 24,496 shares during the last quarter. BostonPremier Wealth LLC raised its holdings in Vertiv by 1.4% in the 3rd quarter. BostonPremier Wealth LLC now owns 4,075 shares of the company’s stock valued at $983,000 after acquiring an additional 57 shares during the last quarter. Cornerstone Enterprises LLC acquired a new position in Vertiv in the 3rd quarter valued at $808,000. Finally, NFSG Corp lifted its stake in shares of Vertiv by 325.4% during the 3rd quarter. NFSG Corp now owns 8,984 shares of the company’s stock worth $2,168,000 after purchasing an additional 6,872 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Vertiv

In other news, Director Edward Monser sold 15,287 shares of Vertiv stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the transaction, the director directly owned 16,500 shares of the company’s stock, valued at $4,188,030. The trade was a 48.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on VRT shares. Morgan Stanley set a $330.00 price objective on Vertiv in a report on Friday. The Goldman Sachs Group dropped their target price on Vertiv from $352.00 to $301.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Piper Sandler set a $375.00 target price on Vertiv in a research report on Wednesday, July 29th. Evercore set a $375.00 price target on Vertiv in a report on Wednesday, July 29th. Finally, Bank of America dropped their price objective on shares of Vertiv from $440.00 to $375.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $335.67.

Vertiv Trading Down 4.0%

Shares of NYSE VRT traded down $8.68 during trading on Friday, hitting $206.07. 6,421,556 shares of the company traded hands, compared to its average volume of 4,932,506. Vertiv Holdings Co. has a 1 year low of $147.82 and a 1 year high of $379.93. The company has a 50-day moving average price of $255.71 and a 200-day moving average price of $288.75. The firm has a market capitalization of $79.34 billion, a P/E ratio of 46.62, a P/E/G ratio of 0.80 and a beta of 2.05. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%. The business’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.95 EPS. 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 predict that Vertiv Holdings Co. will post 6.73 EPS for the current year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 14th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, September 14th. Vertiv’s dividend payout ratio (DPR) is 5.66%.

Vertiv Profile

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.