Azzad Asset Management Inc. ADV Acquires 2,288 Shares of Vertiv Holdings Co. $VRT

Azzad Asset Management Inc. ADV boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 7.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,489 shares of the company’s stock after acquiring an additional 2,288 shares during the quarter. Azzad Asset Management Inc. ADV’s holdings in Vertiv were worth $5,264,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Howard Capital Management Inc. raised its position in Vertiv by 3.0% during the 3rd quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock worth $277,000 after purchasing an additional 54 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV raised its position in Vertiv by 1.9% during the 3rd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 3,020 shares of the company’s stock worth $456,000 after purchasing an additional 55 shares during the last quarter. Ancora Advisors LLC raised its position in Vertiv by 0.4% during the 3rd quarter. Ancora Advisors LLC now owns 15,923 shares of the company’s stock worth $2,402,000 after purchasing an additional 64 shares during the last quarter. JBR Co Financial Management Inc raised its position in Vertiv by 0.8% during the 3rd quarter. JBR Co Financial Management Inc now owns 7,825 shares of the company’s stock worth $1,180,000 after purchasing an additional 65 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in Vertiv by 37.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 237 shares of the company’s stock worth $36,000 after purchasing an additional 65 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

Analysts Set New Price Targets

VRT has been the subject of several analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Vertiv in a research report on Thursday, February 12th. Wall Street Zen cut shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 14th. Evercore reiterated an “outperform” rating and set a $280.00 price objective on shares of Vertiv in a research report on Wednesday, February 11th. JPMorgan Chase & Co. decreased their price objective on shares of Vertiv from $230.00 to $225.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $281.00 price objective on shares of Vertiv in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $237.45.

Vertiv Stock Down 0.9%

Vertiv stock opened at $258.92 on Tuesday. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $282.05. The firm has a market capitalization of $99.06 billion, a price-to-earnings ratio of 75.93, a price-to-earnings-growth ratio of 1.32 and a beta of 2.04. The firm’s fifty day moving average price is $240.60 and its two-hundred day moving average price is $195.47. The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.73.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, February 11th. The company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.07. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.89 billion. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. The business’s quarterly revenue was up 22.7% compared to the same quarter last year. During the same period last year, the firm earned $0.99 earnings per share. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. On average, equities research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were given a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is 7.33%.

Insider Buying and Selling

In other news, Chairman David M. Cote sold 40,000 shares of the business’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 sale, the chairman owned 22,258 shares of the company’s stock, valued at $5,682,244.82. The trade was a 64.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Edward L. Monser sold 77,294 shares of the business’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 transaction of $18,974,904.06. Following the transaction, the director directly owned 16,500 shares of the company’s stock, valued at approximately $4,050,585. This represents a 82.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 489,761 shares of company stock valued at $123,356,815. Corporate insiders own 2.63% of the company’s stock.

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.