Vertiv Holdings Co. $VRT Shares Purchased by First Citizens Bank & Trust Co.

Key Points

• First Citizens Bank increased its Vertiv stake by 342.5% in the third quarter, while institutional investors collectively own 89.92% of the company. Perpetual Ltd. and several other funds also significantly expanded their positions.
• Analysts remain broadly bullish, with Vertiv receiving a consensus “Moderate Buy” rating and an average price target of $336.41, although several firms recently lowered their targets. Director Edward Monser also sold $3.88 million of shares under a pre-arranged Rule 10b5-1 plan.
• Vertiv’s stock opened at $215.21, well below its 50-day and 200-day moving averages, as investors await third-quarter 2026 results on October 28. The company is forecasting third-quarter EPS of $1.77–$1.83 and continues to benefit from expected AI-driven demand for data-center power and cooling infrastructure.

First Citizens Bank & Trust Co. increased its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 342.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,460 shares of the company's stock after buying an additional 5,000 shares during the quarter. First Citizens Bank & Trust Co.'s holdings in Vertiv were worth $1,559,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VRT. Perpetual Ltd raised its position in shares of Vertiv by 6,110.5% in the 3rd quarter. Perpetual Ltd now owns 114,397 shares of the company's stock valued at $27,605,000 after purchasing an additional 112,555 shares in the last quarter. Ritholtz Wealth Management grew its position in shares of Vertiv by 137.5% during the first quarter. Ritholtz Wealth Management now owns 7,238 shares of the company's stock worth $1,814,000 after buying an additional 4,190 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Vertiv by 536.3% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 76,358 shares of the company's stock worth $19,134,000 after buying an additional 64,358 shares in the last quarter. NBZ Investment Advisors LLC acquired a new stake in shares of Vertiv during the first quarter worth approximately $1,204,000. Finally, Diversify Advisory Services LLC bought a new stake in shares of Vertiv in the second quarter worth $8,995,000. Institutional investors and hedge funds own 89.92% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on VRT shares. HSBC decreased their price target on Vertiv from $376.00 to $365.00 and set a "buy" rating for the company in a research note on Friday, July 31st. Zacks Research cut Vertiv from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 31st. UBS Group reaffirmed a "buy" rating and set a $370.00 target price on shares of Vertiv in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft decreased their target price on Vertiv from $331.00 to $323.00 and set a "buy" rating for the company in a research report on Wednesday, September 30th. Finally, Wells Fargo & Company initiated coverage on Vertiv in a research report on Thursday, September 24th. They issued an "overweight" rating and a $340.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Vertiv presently has an average rating of "Moderate Buy" and a consensus target price of $336.41.

Vertiv News Summary

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Vertiv and Deloitte introduced a guide designed to help enterprises move AI workloads from pilot projects into production. The initiative could support demand for Vertiv’s power, cooling and other data-center infrastructure as AI deployments expand. Vertiv Helps Enterprises Move from AI Pilots to Production
• Positive Sentiment: Management previously forecast third-quarter sales of approximately $3.75 billion at the midpoint, implying roughly 40% year-over-year growth and a significant acceleration from second-quarter growth. Investors may view the forecast as evidence of strong AI-related demand, although results have not yet been reported. Why Should Vertiv Stock Holders Watch This One Number?
• Positive Sentiment: Mizuho and RBC both retained “outperform” ratings despite lowering their price targets, indicating that analysts continue to see substantial upside from current levels.
• Neutral Sentiment: Vertiv will release third-quarter 2026 results before the market opens on October 28, followed by a management conference call. The report is a significant near-term catalyst because investors will compare sales and margins with the company’s strong guidance.
• Neutral Sentiment: Comparisons with Amphenol highlight Vertiv’s exposure to growing AI infrastructure demand, but also point to Amphenol’s stronger recent stock performance and more diversified business mix.
• Negative Sentiment: Mizuho reduced its Vertiv price target from $300 to $280, while RBC cut its target from $337 to $323. Although both firms remain bullish, the reductions can reinforce investor concerns about valuation and near-term expectations.
• Negative Sentiment: Vertiv’s recent decline has been sharper than the broader market, increasing pressure on the company to deliver against its elevated growth forecasts. Vertiv: What Is Behind the Latest Share Decline?

Insider Activity

In other news, Director Edward Monser sold 15,287 shares of the business's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the transaction, the director owned 16,500 shares of the company's stock, valued at approximately $4,188,030. The trade was a 48.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company's stock.

Vertiv Stock Down 3.4%

Shares of Vertiv stock opened at $215.21 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The business's 50 day simple moving average is $257.04 and its 200-day simple moving average is $289.33. The stock has a market capitalization of $82.86 billion, a price-to-earnings ratio of 42.12, a PEG ratio of 0.83 and a beta of 2.05. Vertiv Holdings Co. has a twelve month low of $147.82 and a twelve month high of $379.93.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion during 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 business's revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities research analysts forecast that Vertiv Holdings Co. will post 6.73 earnings per share for the current year.

Vertiv Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 14th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv's payout ratio is 5.66%.

About Vertiv

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.

Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRT - Free Report).

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.