Vertiv Holdings Co. $VRT is Glynn Capital Management LLC's 4th Largest Position

Key Points

• Glynn Capital Management reduced its Vertiv stake by 12% in the fourth quarter, but the company still held 123,222 shares worth about $19.96 million, making Vertiv its 4th largest position.
• Vertiv saw significant institutional activity overall, with hedge funds and other institutional investors owning 89.92% of the stock, while insider ownership stood at just 1.10%.
• Analysts remain broadly bullish on Vertiv: the consensus rating is Moderate Buy, with an average price target of $322.32, and the company recently beat quarterly earnings and revenue expectations.

Glynn Capital Management LLC cut its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 12.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 123,222 shares of the company's stock after selling 16,729 shares during the quarter. Vertiv accounts for approximately 6.9% of Glynn Capital Management LLC's investment portfolio, making the stock its 4th largest position. Glynn Capital Management LLC's holdings in Vertiv were worth $19,963,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VRT. Park Place Capital Corp grew its holdings in shares of Vertiv by 624.0% in the fourth quarter. Park Place Capital Corp now owns 181 shares of the company's stock valued at $29,000 after purchasing an additional 156 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Vertiv in the fourth quarter valued at $29,000. Cullen Frost Bankers Inc. grew its holdings in shares of Vertiv by 98.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company's stock valued at $30,000 after purchasing an additional 93 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Vertiv in the third quarter valued at $30,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new position in shares of Vertiv in the third quarter valued at $31,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Vertiv

In related news, Director Edward L. Monser sold 77,294 shares of the business's stock in a transaction on Friday, March 6th. The stock was sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the completion of the transaction, the director owned 16,500 shares in the company, valued at $4,050,585. The trade was a 82.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on VRT. Roth Mkm reiterated a "buy" rating and issued a $355.00 target price on shares of Vertiv in a report on Thursday, May 21st. Bank of America lifted their target price on Vertiv from $370.00 to $440.00 and gave the stock a "buy" rating in a report on Friday, May 15th. JPMorgan Chase & Co. lifted their target price on Vertiv from $305.00 to $350.00 and gave the stock an "overweight" rating in a report on Friday, April 24th. Citigroup lifted their target price on Vertiv from $353.00 to $414.00 and gave the stock a "buy" rating in a report on Thursday, May 7th. Finally, Morgan Stanley lifted their target price on Vertiv from $285.00 to $350.00 and gave the stock an "overweight" rating in a report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Vertiv presently has a consensus rating of "Moderate Buy" and an average target price of $322.32.

Vertiv Price Performance

VRT opened at $314.29 on Friday. The business has a fifty day moving average of $304.93 and a 200 day moving average of $234.12. Vertiv Holdings Co. has a 52-week low of $104.71 and a 52-week high of $379.93. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The stock has a market cap of $120.72 billion, a P/E ratio of 78.97, a PEG ratio of 1.38 and a beta of 2.09.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion during the quarter, compared to analysts' expectations of $2.63 billion. During the same quarter in the previous year, the business earned $0.64 EPS. 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 anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

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. The ex-dividend date was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv's payout ratio is presently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.