Interchange Capital Partners LLC Sells 149 Shares of Vertiv Holdings Co. $VRT

Interchange Capital Partners LLC lessened its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 3.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,020 shares of the company’s stock after selling 149 shares during the quarter. Interchange Capital Partners LLC’s holdings in Vertiv were worth $516,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VRT. Amundi boosted its position in shares of Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. boosted its position in shares of Vertiv by 985.3% in the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock worth $166,183,000 after purchasing an additional 2,089,612 shares in the last quarter. Nordea Investment Management AB boosted its position in shares of Vertiv by 100.1% in the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after purchasing an additional 1,624,456 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Vertiv by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock worth $2,723,034,000 after purchasing an additional 1,359,070 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Vertiv in the 1st quarter worth $77,820,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Cfra Research upgraded Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. Barclays lifted their price target on Vertiv from $145.00 to $170.00 and gave the company an “equal weight” rating in a research note on Thursday. Oppenheimer lifted their price target on Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday. Citigroup lifted their price target on Vertiv from $192.00 to $198.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Cowen set a $210.00 price target on Vertiv in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $177.81.

Insider Buying and Selling

In other news, Director Jakki L. Haussler sold 15,680 shares of the business’s stock in a transaction that occurred 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 directly owned 4,631 shares in the company, valued at $573,873.52. The trade was a 77.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is currently owned by company insiders.

Vertiv Trading Up 1.5%

VRT stock opened at $185.87 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.35 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $188.89. The stock has a market cap of $70.98 billion, a price-to-earnings ratio of 70.14, a PEG ratio of 1.49 and a beta of 1.84. The business’s 50-day moving average is $147.30 and its 200 day moving average is $124.14.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the previous year, the firm posted $0.76 EPS. Vertiv’s revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s payout ratio is currently 5.66%.

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.