Reynders McVeigh Capital Management LLC Sells 33,080 Shares of Vertiv Holdings Co. $VRT

Reynders McVeigh Capital Management LLC trimmed its position in Vertiv Holdings Co. (NYSE:VRT) by 30.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,705 shares of the company’s stock after selling 33,080 shares during the period. Reynders McVeigh Capital Management LLC’s holdings in Vertiv were worth $9,593,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VRT. Richard W. Paul & Associates LLC raised its stake in Vertiv by 0.9% in the second quarter. Richard W. Paul & Associates LLC now owns 8,804 shares of the company’s stock valued at $1,130,000 after buying an additional 79 shares during the period. Presidio Capital Management LLC raised its holdings in Vertiv by 1.3% in the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock valued at $772,000 after acquiring an additional 80 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its stake in Vertiv by 4.0% during the second quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock worth $285,000 after buying an additional 86 shares in the last quarter. Grandview Asset Management LLC increased its stake in Vertiv by 2.8% in the second quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock valued at $454,000 after acquiring an additional 96 shares during the last quarter. Finally, Ameriflex Group Inc. lifted its position in shares of Vertiv by 14.9% during the 2nd quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock worth $95,000 after buying an additional 100 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

Vertiv Price Performance

Shares of Vertiv stock opened at $161.14 on Monday. 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 fifty day moving average of $177.10 and a 200-day moving average of $146.48. The stock has a market capitalization of $61.61 billion, a price-to-earnings ratio of 60.81, a price-to-earnings-growth ratio of 1.30 and a beta of 2.03. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $202.45.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same period in the prior year, the firm earned $0.76 EPS. The company’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 and its FY 2025 guidance at 4.070-4.130 EPS. Equities research analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th will be paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, November 25th. Vertiv’s dividend payout ratio is currently 9.43%.

Insider Transactions at Vertiv

In related news, EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the transaction, the executive vice president directly owned 4,050 shares of the company’s stock, valued at approximately $690,444. This trade represents a 57.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.01% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on VRT shares. Barclays reaffirmed a “neutral” rating and set a $181.00 price target on shares of Vertiv in a research note on Thursday, December 4th. Rothschild Redb upgraded Vertiv to a “hold” rating in a report on Wednesday, August 20th. Redburn Atlantic upgraded shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. Oppenheimer upped their target price on shares of Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $216.00 target price on Vertiv and gave the company a “buy” rating in a research report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $180.48.

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.