Vertiv Holdings Co. $VRT Stock Holdings Lifted by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System lifted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 10.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 18,491 shares of the company’s stock after buying an additional 1,756 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Vertiv were worth $2,374,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Presidio Capital Management LLC lifted its position in shares of Vertiv by 1.3% in the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock worth $772,000 after buying an additional 80 shares during the last quarter. Grandview Asset Management LLC lifted its position in shares of Vertiv by 2.8% in the 2nd quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock worth $454,000 after buying an additional 96 shares during the last quarter. Ameriflex Group Inc. lifted its position in shares of Vertiv by 14.9% in 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. Cigna Investments Inc. New lifted its position in shares of Vertiv by 3.5% in the 2nd quarter. Cigna Investments Inc. New now owns 3,755 shares of the company’s stock worth $482,000 after buying an additional 127 shares during the last quarter. Finally, Commerce Bank lifted its position in Vertiv by 0.7% in the 1st quarter. Commerce Bank now owns 20,739 shares of the company’s stock valued at $1,497,000 after purchasing an additional 134 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on VRT shares. UBS Group lifted their price objective on shares of Vertiv from $135.00 to $173.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. lifted their price objective on shares of Vertiv from $127.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Bank of America lifted their price objective on shares of Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 17th. Morgan Stanley reiterated an “overweight” rating on shares of Vertiv in a research report on Sunday, August 10th. Finally, Weiss Ratings downgraded shares of Vertiv from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $149.84.

Vertiv Stock Up 0.1%

Vertiv stock opened at $169.09 on Friday. The company’s 50-day moving average price is $139.45 and its two-hundred day moving average price is $116.37. The stock has a market cap of $64.57 billion, a price-to-earnings ratio of 80.90, a PEG ratio of 1.48 and a beta of 1.84. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $183.11.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.12. The company had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business’s revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were paid a $0.0375 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is currently 7.18%.

Insider Buying and Selling at Vertiv

In other news, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the transaction, the insider owned 18,848 shares of the company’s stock, valued at $2,529,590.08. The trade was a 68.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the transaction, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is currently owned by company insiders.

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.