BOCHK Asset Management Ltd Raises Stock Position in Vertiv Holdings Co. $VRT

BOCHK Asset Management Ltd raised its holdings in Vertiv Holdings Co. (NYSE:VRT) by 172.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,000 shares of the company’s stock after acquiring an additional 1,900 shares during the period. BOCHK Asset Management Ltd’s holdings in Vertiv were worth $385,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ibex Wealth Advisors boosted its stake in shares of Vertiv by 10.5% in the first quarter. Ibex Wealth Advisors now owns 73,739 shares of the company’s stock worth $5,324,000 after buying an additional 6,989 shares during the last quarter. FengHe Fund Management Pte. Ltd. purchased a new stake in Vertiv in the 1st quarter worth approximately $33,389,000. Outlook Wealth Advisors LLC purchased a new stake in Vertiv in the 1st quarter worth approximately $475,000. Fox Run Management L.L.C. grew its stake in shares of Vertiv by 449.9% during the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock worth $1,556,000 after purchasing an additional 17,627 shares during the period. Finally, Maxi Investments CY Ltd increased its holdings in shares of Vertiv by 160.3% during the 1st quarter. Maxi Investments CY Ltd now owns 26,025 shares of the company’s stock valued at $1,879,000 after purchasing an additional 16,025 shares in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Price Performance

Shares of NYSE VRT opened at $161.69 on Thursday. The firm has a 50-day simple moving average of $136.19 and a 200-day simple moving average of $112.76. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $61.74 billion, a price-to-earnings ratio of 77.36, a price-to-earnings-growth ratio of 1.33 and a beta of 1.84. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $162.23.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12. The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. Vertiv’s quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is currently 7.18%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on VRT shares. Glj Research began coverage on shares of Vertiv in a report on Tuesday, August 19th. They set a “sell” rating and a $112.00 price target on the stock. Bank of America upped their price objective on shares of Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. Evercore ISI reissued an “outperform” rating on shares of Vertiv in a research note on Thursday, July 10th. Barclays lifted their price target on Vertiv from $128.00 to $145.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. increased their price target on Vertiv from $127.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $144.95.

Insider Buying and Selling

In other news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the transaction, the director owned 4,631 shares in the company, valued at $573,873.52. The trade was a 77.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by corporate insiders.

Vertiv Company Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.