SIR Capital Management L.P. Trims Stock Position in Vertiv Holdings Co. $VRT

by · The Cerbat Gem

SIR Capital Management L.P. lowered its stake in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 38.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 54,719 shares of the company’s stock after selling 34,313 shares during the period. SIR Capital Management L.P.’s holdings in Vertiv were worth $8,865,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of VRT. Norges Bank purchased a new position in shares of Vertiv during the 4th quarter valued at about $808,701,000. Schroder Investment Management Group raised its stake in shares of Vertiv by 148.0% during the 3rd quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock valued at $275,885,000 after buying an additional 1,091,210 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vertiv by 49.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock valued at $361,033,000 after buying an additional 930,158 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in shares of Vertiv in the 3rd quarter valued at about $125,331,000. Finally, Vanguard Group Inc. increased its stake in shares of Vertiv by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock valued at $5,858,352,000 after purchasing an additional 826,281 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on VRT shares. Mizuho set a $380.00 price target on Vertiv in a research note on Thursday, May 21st. HSBC started coverage on Vertiv in a research note on Wednesday, March 25th. They issued a “buy” rating and a $325.00 price target for the company. Citigroup lifted their price target on Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Wall Street Zen upgraded Vertiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Finally, Royal Bank Of Canada lifted their price target on Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $326.39.

Get Our Latest Report on VRT

Vertiv Trading Up 1.5%

Shares of Vertiv stock opened at $302.47 on Friday. The stock has a market cap of $116.18 billion, a P/E ratio of 76.00, a P/E/G ratio of 1.29 and a beta of 2.03. The stock’s 50 day simple moving average is $316.12 and its 200-day simple moving average is $244.41. Vertiv Holdings Co. has a 1-year low of $110.06 and a 1-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.

Vertiv (NYSE:VRT – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. Analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

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

Vertiv Company Profile

(Free Report)

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.

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