Comerica Bank Trims Stake in Vertiv Holdings Co. $VRT

Key Points

• Comerica Bank cut its stake in Vertiv by 68.4% in Q4, selling 119,743 shares and ending the quarter with 55,388 shares worth $8.97 million.
• Vertiv reported a strong Q1—EPS $1.17 vs. $1.00 expected and revenue $2.65B (up 30.1%)—gave bullish FY‑2026 guidance (6.30–6.40 EPS), completed an AI cooling acquisition (Strategic Thermal Labs), and attracted analyst target upgrades (e.g., JPMorgan to $350) supporting the AI growth story.
• Significant insider selling occurred this quarter (489,761 shares sold, ~$123.36M), including chairman David C. Cote and director Jan Van Dokkum, leaving insiders with 5.01% ownership.

Comerica Bank reduced its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 68.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55,388 shares of the company's stock after selling 119,743 shares during the quarter. Comerica Bank's holdings in Vertiv were worth $8,973,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CreativeOne Wealth LLC increased its position in shares of Vertiv by 187.8% during the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company's stock worth $1,606,000 after acquiring an additional 6,947 shares during the period. Abundance Wealth Counselors increased its position in shares of Vertiv by 313.7% during the third quarter. Abundance Wealth Counselors now owns 10,165 shares of the company's stock worth $1,533,000 after acquiring an additional 7,708 shares during the period. Plato Investment Management Ltd increased its position in shares of Vertiv by 272.7% during the third quarter. Plato Investment Management Ltd now owns 8,825 shares of the company's stock worth $1,321,000 after acquiring an additional 6,457 shares during the period. KLP Kapitalforvaltning AS increased its position in shares of Vertiv by 5.5% during the third quarter. KLP Kapitalforvaltning AS now owns 143,100 shares of the company's stock worth $21,588,000 after acquiring an additional 7,400 shares during the period. Finally, NTV Asset Management LLC increased its position in shares of Vertiv by 200.7% during the third quarter. NTV Asset Management LLC now owns 26,458 shares of the company's stock worth $3,991,000 after acquiring an additional 17,658 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Oppenheimer reaffirmed an "outperform" rating and set a $330.00 target price on shares of Vertiv in a research report on Thursday, April 23rd. HSBC assumed coverage on shares of Vertiv in a research report on Wednesday, March 25th. They set a "buy" rating and a $325.00 target price on the stock. Wall Street Zen lowered shares of Vertiv from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 14th. BNP Paribas Exane assumed coverage on shares of Vertiv in a research report on Tuesday, April 14th. They set an "outperform" rating and a $345.00 target price on the stock. Finally, Evercore reaffirmed an "outperform" rating and set a $350.00 target price on shares of Vertiv in a research report on Monday, April 20th. Twenty-one investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Vertiv has a consensus rating of "Moderate Buy" and an average target price of $278.38.

Insider Activity at Vertiv

In other Vertiv news, Chairman David M. Cote sold 40,000 shares of the firm's stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $255.29, for a total value of $10,211,600.00. Following the completion of the sale, the chairman directly owned 22,258 shares in the company, valued at $5,682,244.82. This trade represents a 64.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jan Van Dokkum sold 38,647 shares of the firm's stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $254.87, for a total transaction of $9,849,960.89. Following the completion of the sale, the director owned 25,000 shares of the company's stock, valued at approximately $6,371,750. This trade represents a 60.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 489,761 shares of company stock valued at $123,356,815 over the last quarter. 5.01% of the stock is owned by insiders.

Vertiv Stock Performance

Shares of VRT stock opened at $305.36 on Thursday. The firm has a market cap of $116.83 billion, a price-to-earnings ratio of 76.72, a PEG ratio of 1.38 and a beta of 2.04. The company's 50 day moving average is $272.69 and its 200 day moving average is $212.87. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 52-week low of $80.51 and a 52-week high of $330.30.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. Vertiv's revenue was up 30.1% compared to the same quarter last year. During the same period last year, the company posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.42 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv's dividend payout ratio (DPR) is presently 6.28%.

More Vertiv News

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Vertiv acquired Strategic Thermal Labs (STL) to bolster server-side liquid‑cooling technology for high‑density AI and HPC deployments — this strengthens Vertiv’s addressable market in AI data‑center cooling and helps close the infrastructure gap between servers and facility cooling, which investors view as highly strategic. Vertiv (VRT) Acquires Strategic Thermal Labs to Support AI Liquid-Cooling Capabilities
• Positive Sentiment: Analyst support is increasing: JPMorgan raised its price target to $350 (from $305) and maintained an Overweight rating, and other shops have lifted targets — upgrades that tend to attract institutional buying and validate the AI/cooling growth story. Vertiv Holdings (VRT): The Best Data Center Cooling Company to Invest In
• Positive Sentiment: Market write-ups highlight strong Q1 and upbeat guidance tied to AI-driven data‑center spending — analysts and outlets cite Vertiv among the data‑center infra names with the clearest near‑term upside from AI capex. That momentum is reinforcing investor conviction. 2 AI Data Center Infra Giants Looking More Promising After Q1 Results
• Positive Sentiment: Longer-form bullish analysis (Seeking Alpha) argues Vertiv is a growth compounder powering the digital economy, which can help attract growth‑oriented investors. Don't Sleep On Vertiv: The Growth Stock Quietly Powering The Digital Economy
• Neutral Sentiment: Coverage and commentary (Globe and Mail, Zacks) are running pieces that summarize analyst views and the company’s trending status—useful for retail interest but less immediate than earnings or M&A. Analysts Offer Insights on Industrial Goods Companies: Vertiv Holdings (VRT) and United Parcel (UPS)
• Neutral Sentiment: Vertiv is also a frequently searched/trending stock on platforms like Zacks — that can amplify volatility but isn’t a fundamental catalyst by itself. Vertiv Holdings Co. (VRT) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Watch valuation and liquidity: VRT trades at a rich multiple and has a high beta, and today’s volume is below average — traits that can amplify moves in either direction despite positive news. (Background data)

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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