Vertiv Holdings Co. $VRT Shares Sold by Castle Rock Wealth Management LLC

Key Points

• Castle Rock Wealth Management cut its Vertiv stake by 42.1% in the third quarter, selling 6,632 shares and retaining 9,128 shares valued at approximately $2.31 million. Institutional investors and hedge funds collectively own 89.92% of Vertiv.
• Vertiv shares recently traded at $242.91, down 0.3%, well below the 50-day and 200-day moving averages. Despite mixed analyst actions, the stock maintains a “Moderate Buy” consensus rating with an average price target of $348.24.
• Vertiv beat quarterly EPS expectations, reporting $1.52 versus the $1.43 consensus, while revenue rose 24.1% year over year to $3.27 billion. The company guided for full-year 2026 EPS of $6.650–$6.750 and pays a quarterly dividend of $0.0625.

Castle Rock Wealth Management LLC cut its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 42.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,128 shares of the company's stock after selling 6,632 shares during the quarter. Castle Rock Wealth Management LLC's holdings in Vertiv were worth $2,311,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Sachetta LLC boosted its stake in Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company's stock worth $31,000 after acquiring an additional 36 shares during the last quarter. Cornerstone Planning Group LLC increased its stake in Vertiv by 60.5% in the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company's stock valued at $33,000 after purchasing an additional 49 shares in the last quarter. Burkett Financial Services LLC acquired a new stake in Vertiv in the third quarter worth $35,000. GoalVest Advisory LLC raised its holdings in Vertiv by 87.3% in the second quarter. GoalVest Advisory LLC now owns 148 shares of the company's stock worth $50,000 after purchasing an additional 69 shares during the period. Finally, Center for Financial Planning Inc. boosted its position in shares of Vertiv by 554.2% during the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company's stock worth $39,000 after purchasing an additional 133 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Stock Down 0.3%

NYSE VRT traded down $0.82 on Friday, reaching $242.91. The company had a trading volume of 3,421,372 shares, compared to its average volume of 6,360,859. The company's fifty day moving average is $260.50 and its 200-day moving average is $290.04. The firm has a market capitalization of $93.52 billion, a price-to-earnings ratio of 54.96, a price-to-earnings-growth ratio of 0.92 and a beta of 2.05. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. Vertiv Holdings Co. has a 1-year low of $147.82 and a 1-year high of $379.93.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The company's revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter last year, the business 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. On average, research analysts forecast that Vertiv Holdings Co. will post 6.73 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were given 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 Monday, September 14th. Vertiv's dividend payout ratio (DPR) is currently 5.66%.

Insider Buying and Selling

In other Vertiv news, Director Edward Monser sold 15,287 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the sale, the director owned 16,500 shares in the company, valued at approximately $4,188,030. The trade was a 48.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VRT. Royal Bank Of Canada decreased their price target on shares of Vertiv from $418.00 to $337.00 and set an "outperform" rating for the company in a report on Thursday, July 30th. UBS Group reaffirmed a "buy" rating and set a $370.00 price objective on shares of Vertiv in a research note on Thursday, July 30th. Weiss Ratings lowered Vertiv from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, August 14th. Wells Fargo & Company began coverage on Vertiv in a research note on Thursday, September 24th. They issued an "overweight" rating and a $340.00 target price for the company. Finally, Glj Research assumed coverage on Vertiv in a report on Tuesday. They issued a "sell" rating and a $188.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $348.24.

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.

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