WBI Investments LLC Purchases 9,937 Shares of Vertiv Holdings Co. $VRT

WBI Investments LLC grew its position in Vertiv Holdings Co. (NYSE:VRT) by 277.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,515 shares of the company’s stock after acquiring an additional 9,937 shares during the quarter. WBI Investments LLC’s holdings in Vertiv were worth $1,735,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Amundi raised its position in 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 during the period. 1832 Asset Management L.P. grew its stake in shares of Vertiv by 985.3% during the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock valued at $166,183,000 after buying an additional 2,089,612 shares during the last quarter. Nordea Investment Management AB raised its holdings in shares of Vertiv by 100.1% in the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after buying an additional 1,624,456 shares during the period. Vanguard Group Inc. lifted its stake in shares of Vertiv by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock worth $2,723,034,000 after acquiring an additional 1,359,070 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Vertiv during the 1st quarter valued at $77,820,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VRT. Rothschild & Co Redburn initiated coverage on Vertiv in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 target price on the stock. Cowen set a $210.00 price target on shares of Vertiv in a research note on Thursday, October 23rd. Evercore ISI lifted their price objective on shares of Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, October 20th. The Goldman Sachs Group set a $182.00 target price on shares of Vertiv in a research note on Thursday, October 23rd. Finally, Cfra Research upgraded Vertiv to a “moderate buy” rating in a report on Tuesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Vertiv Price Performance

Shares of VRT opened at $166.51 on Tuesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. The company has a 50 day moving average price of $165.24 and a 200-day moving average price of $136.82. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45. The stock has a market capitalization of $63.66 billion, a PE ratio of 62.83, a PEG ratio of 1.39 and a beta of 1.87.

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

Vertiv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be paid a dividend of $0.0625 per share. This is an increase from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.2%. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Insider Activity at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares of the company’s stock, valued at $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 139,298 shares of company stock valued at $17,770,188 over the last quarter. 5.01% of the stock is owned by corporate insiders.

Vertiv 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.