Vertiv Holdings Co. $VRT Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its holdings in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 12.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,518 shares of the company’s stock after acquiring an additional 1,889 shares during the quarter. Advisors Asset Management Inc.’s holdings in Vertiv were worth $2,121,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in VRT. TD Asset Management Inc lifted its stake in shares of Vertiv by 3.9% during the first quarter. TD Asset Management Inc now owns 65,836 shares of the company’s stock worth $4,753,000 after purchasing an additional 2,461 shares in the last quarter. Bayforest Capital Ltd grew its stake in shares of Vertiv by 152.8% in the first quarter. Bayforest Capital Ltd now owns 2,237 shares of the company’s stock valued at $162,000 after buying an additional 1,352 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of Vertiv by 170.1% during the 1st quarter. Arkadios Wealth Advisors now owns 16,841 shares of the company’s stock valued at $1,216,000 after buying an additional 10,605 shares during the period. Harbour Investments Inc. lifted its position in Vertiv by 130.5% during the 1st quarter. Harbour Investments Inc. now owns 2,238 shares of the company’s stock worth $162,000 after acquiring an additional 1,267 shares in the last quarter. Finally, US Bancorp DE lifted its position in Vertiv by 30.0% during the 1st quarter. US Bancorp DE now owns 694,127 shares of the company’s stock worth $50,116,000 after acquiring an additional 160,160 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VRT. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. Rothschild Redb upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Barclays boosted their price target on Vertiv from $145.00 to $170.00 and gave the company an “equal weight” rating in a report on Thursday, October 23rd. Redburn Atlantic upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Finally, Mizuho boosted their target price on shares of Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Check Out Our Latest Stock Report on VRT

Insiders Place Their Bets

In other news, EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $170.48, for a total transaction of $937,810.48. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director directly owned 4,631 shares of the company’s stock, valued at $573,873.52. The trade was a 77.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.63% of the stock is currently owned by company insiders.

Vertiv Stock Up 5.2%

Vertiv stock opened at $181.00 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $202.45. The company has a 50-day simple moving average of $171.03 and a 200-day simple moving average of $141.07. The firm has a market capitalization of $69.20 billion, a P/E ratio of 68.30, a P/E/G ratio of 1.46 and a beta of 1.87.

Vertiv (NYSE:VRTGet Free Report) last posted its earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter in the prior year, the firm earned $0.76 EPS. Vertiv’s quarterly revenue 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, equities analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 9.43%.

Vertiv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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