Leeward Financial Partners LLC Decreases Holdings in Vertiv Holdings Co. $VRT

Key Points

• Leeward Financial Partners cut its Vertiv position by 45.7% in the fourth quarter, selling 21,369 shares and leaving it with 25,346 shares worth about $4.1 million.
• Vertiv continues to draw strong Wall Street support: several analysts raised price targets, with the stock carrying an average “Moderate Buy” rating and an average target price of $322.32.
• The company posted solid quarterly results, including EPS of $1.17 versus $1.00 expected and 30.1% revenue growth year over year, while two directors also recently sold large blocks of shares.

Leeward Financial Partners LLC lessened its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 45.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,346 shares of the company's stock after selling 21,369 shares during the period. Leeward Financial Partners LLC's holdings in Vertiv were worth $4,106,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in Vertiv during the fourth quarter worth about $29,000. Park Place Capital Corp boosted its position in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company's stock worth $29,000 after purchasing an additional 156 shares during the period. Cullen Frost Bankers Inc. boosted its position in Vertiv by 98.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company's stock worth $30,000 after purchasing an additional 93 shares during the period. Measured Wealth Private Client Group LLC bought a new position in Vertiv during the third quarter worth about $30,000. Finally, Foster Dykema Cabot & Partners LLC bought a new position in Vertiv during the third quarter worth about $31,000. Hedge funds and other institutional investors own 89.92% of the company's stock.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of research reports. TD Cowen increased their target price on shares of Vertiv from $347.00 to $387.00 and gave the stock a "buy" rating in a research report on Wednesday, May 20th. The Goldman Sachs Group increased their target price on shares of Vertiv from $277.00 to $311.00 and gave the stock a "buy" rating in a research report on Tuesday, April 14th. Zacks Research upgraded shares of Vertiv from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 21st. Citigroup increased their target price on shares of Vertiv from $353.00 to $414.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $281.00 target price on shares of Vertiv in a research report on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $322.32.

Insider Buying and Selling

In related news, Director Edward L. Monser sold 77,294 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $245.49, for a total value of $18,974,904.06. Following the sale, the director directly owned 16,500 shares of the company's stock, valued at $4,050,585. This trade represents a 82.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Roger Fradin sold 101,666 shares of the firm's stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $252.13, for a total transaction of $25,633,048.58. The disclosure for this sale is available in the SEC filing. Company insiders own 1.10% of the company's stock.

Vertiv Price Performance

VRT stock opened at $319.77 on Thursday. The firm has a 50 day moving average of $304.01 and a 200-day moving average of $233.17. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 12 month low of $104.71 and a 12 month high of $379.93. The firm has a market capitalization of $122.83 billion, a P/E ratio of 80.34, a price-to-earnings-growth ratio of 1.40 and a beta of 2.09.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same period last year, the business earned $0.64 earnings per share. Vertiv's revenue was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, sell-side analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

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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