Charles Schwab Investment Management Inc. Acquires 48,638 Shares of Vertiv Holdings Co. $VRT

Charles Schwab Investment Management Inc. raised its holdings in Vertiv Holdings Co. (NYSE:VRT) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,901,039 shares of the company’s stock after acquiring an additional 48,638 shares during the period. Charles Schwab Investment Management Inc. owned about 0.50% of Vertiv worth $244,112,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VRT. Covalis Capital LLP bought a new stake in shares of Vertiv during the 2nd quarter valued at approximately $8,257,000. American Century Companies Inc. boosted its position in Vertiv by 11.6% in the second quarter. American Century Companies Inc. now owns 2,940,411 shares of the company’s stock valued at $377,578,000 after buying an additional 306,782 shares in the last quarter. WealthBridge Capital Management LLC grew its stake in shares of Vertiv by 30.7% during the second quarter. WealthBridge Capital Management LLC now owns 4,057 shares of the company’s stock worth $521,000 after buying an additional 954 shares during the last quarter. Richard W. Paul & Associates LLC increased its holdings in shares of Vertiv by 0.9% during the second quarter. Richard W. Paul & Associates LLC now owns 8,804 shares of the company’s stock worth $1,130,000 after buying an additional 79 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of Vertiv by 3.2% in the 2nd quarter. Rhumbline Advisers now owns 490,625 shares of the company’s stock valued at $63,001,000 after acquiring an additional 15,006 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VRT shares. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Redburn Atlantic upgraded Vertiv to a “hold” rating in a report on Wednesday, August 20th. Morgan Stanley raised their price objective on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. TD Cowen lifted their target price on shares of Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Citigroup upped their price target on shares of Vertiv from $192.00 to $198.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $177.81.

Insider Transactions at Vertiv

In other 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 completion of the transaction, the director directly owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction dated 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 in the company, valued at $690,444. This represents a 57.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 5.01% of the company’s stock.

Vertiv Stock Performance

Shares of VRT stock opened at $169.50 on Wednesday. The stock has a market capitalization of $64.81 billion, a PE ratio of 63.96, a PEG ratio of 1.37 and a beta of 1.87. The business’s 50 day simple moving average is $168.96 and its 200 day simple moving average is $139.81. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $202.45.

Vertiv (NYSE:VRT) last issued its quarterly 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 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 quarter in the previous year, the company earned $0.76 EPS. The company’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. As a group, research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The company also recently declared 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 represents a $0.25 dividend on an annualized basis and a yield of 0.1%. This is an increase from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, November 25th. Vertiv’s payout ratio is currently 4.15%.

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.