Castleark Management LLC Acquires 11,538 Shares of Vertiv Holdings Co. $VRT

Key Points

• Castleark Management increased its Vertiv stake by 10.3% in the second quarter, purchasing 11,538 additional shares for a total of 123,901 shares valued at approximately $41.5 million. Institutional investors collectively own 89.92% of Vertiv.
• Analysts maintain a broadly bullish outlook, with a consensus “Buy” rating and an average price target of $357.83. Recent targets range from $325 to $412.
• Vertiv reported quarterly adjusted earnings of $1.52 per share, beating estimates of $1.43, while revenue rose 24.1% year over year to $3.27 billion. The company issued Q3 2026 EPS guidance of $1.77–$1.83 and full-year guidance of $6.65–$6.75.

Castleark Management LLC increased its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 10.3% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 123,901 shares of the company's stock after purchasing an additional 11,538 shares during the period. Vertiv makes up about 1.1% of Castleark Management LLC's holdings, making the stock its 22nd biggest holding. Castleark Management LLC's holdings in Vertiv were worth $41,485,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VRT. State Street Corp raised its position in Vertiv by 2.8% in the 4th quarter. State Street Corp now owns 8,694,900 shares of the company's stock worth $1,408,661,000 after purchasing an additional 235,577 shares during the period. Geode Capital Management LLC boosted its position in Vertiv by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company's stock valued at $1,141,723,000 after buying an additional 143,821 shares during the period. Invesco Ltd. grew its stake in shares of Vertiv by 2.1% during the fourth quarter. Invesco Ltd. now owns 5,974,205 shares of the company's stock valued at $967,881,000 after buying an additional 121,618 shares during the last quarter. Norges Bank bought a new position in shares of Vertiv during the fourth quarter valued at about $808,701,000. Finally, Northern Trust Corp increased its holdings in shares of Vertiv by 3.6% in the fourth quarter. Northern Trust Corp now owns 2,811,745 shares of the company's stock worth $455,531,000 after buying an additional 97,141 shares during the period. Institutional investors own 89.92% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on VRT. Evercore set a $375.00 target price on Vertiv in a research note on Wednesday, July 29th. KeyCorp reduced their price target on Vertiv from $360.00 to $325.00 and set an "overweight" rating on the stock in a research report on Thursday, July 30th. Glj Research raised Vertiv from a "hold" rating to a "buy" rating and set a $381.00 price target on the stock in a research note on Friday, August 7th. Citigroup lowered their price objective on Vertiv from $414.00 to $358.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Finally, Barclays increased their price objective on Vertiv from $345.00 to $412.00 and gave the company an "overweight" rating in a research note on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $357.83.

Vertiv Price Performance

Shares of NYSE VRT opened at $255.52 on Wednesday. Vertiv Holdings Co. has a 1 year low of $118.70 and a 1 year high of $379.93. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The company's 50-day moving average is $292.63 and its 200 day moving average is $288.52. The stock has a market capitalization of $98.37 billion, a P/E ratio of 57.81, a P/E/G ratio of 1.05 and a beta of 2.06.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly 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 for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm's revenue was up 24.1% on a year-over-year basis. During the same period in the previous 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, sell-side analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv's payout ratio is 5.66%.

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.

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