Clal Insurance Enterprises Holdings Ltd Has $49.05 Million Stake in Vertiv Holdings Co. $VRT

Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 16.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 382,000 shares of the company’s stock after purchasing an additional 55,000 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in Vertiv were worth $49,053,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the stock. Amundi grew its holdings in Vertiv by 96.8% during the first quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after buying an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. boosted its holdings in Vertiv by 985.3% during the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock worth $166,183,000 after acquiring an additional 2,089,612 shares during the last quarter. Nordea Investment Management AB boosted its holdings in Vertiv by 100.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after acquiring an additional 1,624,456 shares during the last quarter. Vanguard Group Inc. grew its stake 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 acquiring an additional 1,359,070 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Vertiv in the first quarter valued at about $77,820,000. Institutional investors own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of recent analyst reports. Mizuho upped their price objective on shares of Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. KGI Securities upgraded Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. UBS Group increased their price target on Vertiv from $173.00 to $201.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Rothschild Redb upgraded Vertiv to a “hold” rating in a report on Wednesday, August 20th. Finally, The Goldman Sachs Group set a $182.00 price objective on Vertiv in a research note on Thursday, October 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Vertiv Price Performance

Vertiv stock opened at $165.63 on Wednesday. The business’s 50 day simple moving average is $166.04 and its 200 day simple moving average is $137.31. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $202.45. The company has a market cap of $63.33 billion, a price-to-earnings ratio of 62.50, a PEG ratio of 1.35 and a beta of 1.87. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83.

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

Vertiv Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be given a dividend of $0.0625 per share. This is a boost from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Tuesday, November 25th. Vertiv’s dividend payout ratio (DPR) is 4.15%.

Insider Transactions at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction 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 sale, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 139,298 shares of company stock worth $17,770,188 over the last quarter. Corporate insiders own 5.01% of the company’s stock.

About Vertiv

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.