Vertiv Holdings Co. $VRT Shares Sold by Edgestream Partners L.P.

Edgestream Partners L.P. lessened its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 51.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,733 shares of the company’s stock after selling 7,117 shares during the quarter. Edgestream Partners L.P.’s holdings in Vertiv were worth $865,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Norges Bank acquired a new stake in Vertiv during the 2nd quarter worth $538,132,000. Amundi increased its position in shares of Vertiv by 96.8% during the first quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. lifted its holdings in shares of Vertiv by 985.3% in the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock valued at $166,183,000 after purchasing an additional 2,089,612 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of Vertiv by 100.1% in the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after purchasing an additional 1,624,456 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Vertiv by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock valued at $2,723,034,000 after purchasing an additional 1,359,070 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Stock Performance

Shares of VRT opened at $188.79 on Friday. The stock has a market capitalization of $72.18 billion, a P/E ratio of 71.24, a P/E/G ratio of 1.53 and a beta of 2.03. 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 1 year low of $53.60 and a 1 year high of $202.45. The company’s fifty day moving average is $174.94 and its two-hundred day moving average is $143.70.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating 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 business 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 firm earned $0.76 earnings per share. The business’s quarterly revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. On average, sell-side analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The firm also recently announced 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 annualized dividend and a yield of 0.1%. The ex-dividend date is Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s payout ratio is presently 9.43%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. The Goldman Sachs Group set a $182.00 price target on Vertiv in a research report on Thursday, October 23rd. Glj Research assumed coverage on shares of Vertiv in a report on Tuesday, August 19th. They issued a “sell” rating and a $112.00 target price on the stock. Royal Bank Of Canada increased their price target on shares of Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Rothschild Redb raised shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Finally, Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $178.38.

Insider Buying and Selling

In other news, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction that occurred on 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 sale, the director directly owned 4,631 shares of the company’s stock, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Stephen Liang sold 5,501 shares of Vertiv stock in a transaction that occurred on 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 sale, the executive vice president owned 4,050 shares in the company, valued at approximately $690,444. This trade represents a 57.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.63% of the company’s stock.

Vertiv Profile

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.