Vertiv Holdings Co. $VRT Holdings Trimmed by Integrity Alliance LLC.

Integrity Alliance LLC. lowered its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 69.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,498 shares of the company’s stock after selling 3,486 shares during the quarter. Integrity Alliance LLC.’s holdings in Vertiv were worth $361,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VRT. Cornerstone Planning Group LLC increased its position in Vertiv by 60.5% during the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock worth $33,000 after acquiring an additional 49 shares during the period. Burkett Financial Services LLC bought a new stake in Vertiv in the 3rd quarter valued at about $35,000. GoalVest Advisory LLC grew its position in shares of Vertiv by 87.3% during the 2nd quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock worth $50,000 after purchasing an additional 69 shares in the last quarter. Center for Financial Planning Inc. grew its position in shares of Vertiv by 554.2% during the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after purchasing an additional 133 shares in the last quarter. Finally, Ravenstone Capital Management Inc. bought a new position in shares of Vertiv during the first quarter worth approximately $40,000. Institutional investors own 89.92% of the company’s stock.

Insider Activity

In other news, Director Edward Monser sold 15,287 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the transaction, the director owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. The trade was a 48.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Vertiv Price Performance

Shares of NYSE:VRT opened at $182.49 on Monday. The firm has a 50 day moving average of $236.97 and a 200-day moving average of $269.74. The stock has a market capitalization of $70.27 billion, a PE ratio of 34.11, a PEG ratio of 0.58 and a beta of 2.11. The company has a current ratio of 1.39, a quick ratio of 1.01 and a debt-to-equity ratio of 0.53. Vertiv Holdings Co. has a 12 month low of $147.82 and a 12 month high of $379.93.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.39. The business had revenue of $4.31 billion for the quarter, compared to analyst estimates of $3.75 billion. Vertiv had a net margin of 15.99% and a return on equity of 53.31%. The firm’s revenue for the quarter was up 61.2% on a year-over-year basis. During the same quarter last year, the business posted $1.24 EPS. On average, equities research analysts predict that Vertiv Holdings Co. will post 7.17 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Monday, September 14th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 14th. Vertiv’s dividend payout ratio (DPR) is currently 4.67%.

Vertiv News Summary

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Vertiv’s recent quarter reportedly beat revenue estimates by about $550 million, delivered record results and came with raised guidance. One Wall Street team argues the selloff may overstate the threat because orders have not yet been affected. Vertiv Beat by $550 Million Last Week. It Has Lost 23% Since Tuesday’s Vote Vertiv Suffered a Near 40% Drop Over 6 Months
• Positive Sentiment: A report says Vertiv has locked in three years of AI power-chip supply. Securing supply could help the company serve continued demand for data-center infrastructure. Vertiv Holdings Co Locked In Three Years Of AI Power Chip Supply
• Neutral Sentiment: Zacks describes VRT as a strong growth stock, but its article highlights a research-service stock-rating framework rather than a new company development. Here’s Why Vertiv Holdings Co. Is a Strong Growth Stock
• Negative Sentiment: The main near-term pressure is concern that the election outcome and potential data-center permitting limits, including a reported Texas permit freeze, could restrain AI infrastructure spending. The reports indicate this is a prospective risk; they do not establish that Vertiv’s orders have declined. Steve Weiss Says the Midterms Just Put a Lid on AI Spending
• Negative Sentiment: Broader weakness in AI-related stocks and ETFs may be adding to pressure on VRT, while the article notes the shares have lost about 23% since Tuesday’s vote. Some of the Year’s Hottest AI ETFs Are in Big Trouble Today

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VRT shares. Jefferies Financial Group dropped their price target on shares of Vertiv from $320.00 to $245.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. Mizuho set a $300.00 price target on Vertiv in a research report on Thursday, October 29th. Weiss Ratings downgraded Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Citigroup raised their price objective on Vertiv from $358.00 to $362.00 and gave the stock a “buy” rating in a research note on Thursday, October 29th. Finally, Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and a consensus target price of $337.78.

Vertiv Profile

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure used by data centers, communications networks and commercial and industrial facilities. Its offerings help customers maintain reliable power, cooling and operating conditions for technology systems.

The company’s products and solutions include uninterruptible power supplies, power distribution equipment, thermal management systems, racks, integrated modular infrastructure, and monitoring and control software.