Dnca Finance Has $6.21 Million Holdings in Vertiv Holdings Co. $VRT

Dnca Finance cut its stake in Vertiv Holdings Co. (NYSE:VRT) by 20.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,360 shares of the company’s stock after selling 12,140 shares during the period. Dnca Finance’s holdings in Vertiv were worth $6,210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of VRT. Cary Street Partners Financial LLC acquired a new position in Vertiv during the 1st quarter worth $84,000. Vanguard Group Inc. raised its position in shares of Vertiv by 3.7% during the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock worth $2,723,034,000 after acquiring an additional 1,359,070 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new position in shares of Vertiv during the first quarter valued at $628,000. ASR Vermogensbeheer N.V. bought a new position in Vertiv in the first quarter valued at about $1,020,000. Finally, Charles Schwab Investment Management Inc. increased its position in Vertiv by 6.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,852,401 shares of the company’s stock worth $133,743,000 after purchasing an additional 106,290 shares during the period. 89.92% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on VRT shares. Morgan Stanley upped their target price on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Royal Bank Of Canada increased their price objective on shares of Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Cowen reaffirmed a “buy” rating and set a $211.00 target price on shares of Vertiv in a report on Monday, December 1st. JPMorgan Chase & Co. increased their price target on Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Finally, Cfra Research upgraded Vertiv to a “moderate buy” rating in a research report on Tuesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $178.38.

Vertiv Trading Up 3.4%

Shares of NYSE VRT opened at $188.79 on Friday. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $202.45. The stock has a market cap of $72.18 billion, a price-to-earnings ratio of 71.24, a P/E/G ratio of 1.53 and a beta of 2.03. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. The company’s fifty day moving average is $174.94 and its 200-day moving average is $143.70.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $0.99 by $0.25. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The firm’s revenue was up 29.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.76 EPS. 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 predict 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 issued a dividend of $0.0625 per share. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 9.43%.

Insider Activity at Vertiv

In other news, Director Jakki L. Haussler sold 15,680 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The shares were 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 owned 4,631 shares in the company, valued at $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Stephen Liang sold 5,501 shares of the 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 sale, the executive vice president directly owned 4,050 shares of the company’s stock, valued at $690,444. This represents a 57.60% 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 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.