First Trust Advisors LP Sells 79,447 Shares of Vertiv Holdings Co. $VRT

First Trust Advisors LP trimmed its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 22.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 282,365 shares of the company’s stock after selling 79,447 shares during the period. First Trust Advisors LP owned about 0.07% of Vertiv worth $36,258,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. National Bank of Canada FI raised its stake in shares of Vertiv by 29.9% during the first quarter. National Bank of Canada FI now owns 12,651 shares of the company’s stock worth $913,000 after acquiring an additional 2,911 shares in the last quarter. Townsquare Capital LLC grew its holdings in shares of Vertiv by 102.7% during the 1st quarter. Townsquare Capital LLC now owns 12,487 shares of the company’s stock valued at $902,000 after purchasing an additional 6,327 shares during the last quarter. Benjamin Edwards Inc. raised its position in Vertiv by 203.3% in the 1st quarter. Benjamin Edwards Inc. now owns 7,758 shares of the company’s stock worth $560,000 after purchasing an additional 5,200 shares during the period. Nuveen LLC bought a new stake in Vertiv in the first quarter worth $77,820,000. Finally, SouthState Corp purchased a new stake in Vertiv during the first quarter valued at about $27,000. Institutional investors own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on VRT shares. Royal Bank Of Canada lifted their price objective on Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Oppenheimer lifted their price target on Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Evercore ISI boosted their price objective on Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Barclays restated a “neutral” rating and issued a $181.00 target price on shares of Vertiv in a report on Thursday, December 4th. Finally, Mizuho upped their price target on shares of Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and an average price target of $180.48.

Vertiv Trading Down 3.8%

Shares of VRT opened at $178.59 on Wednesday. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $202.45. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The firm’s 50-day moving average price is $176.34 and its 200-day moving average price is $145.08. The firm has a market capitalization of $68.28 billion, a price-to-earnings ratio of 67.39, a PEG ratio of 1.51 and a beta of 2.03.

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 during the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. Vertiv’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same period last year, the business posted $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. Sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be given a dividend of $0.0625 per share. This is a boost from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Tuesday, November 25th. Vertiv’s dividend payout ratio is presently 9.43%.

Insiders Place Their Bets

In related news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $170.48, for a total value 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.01% of the stock is currently owned by insiders.

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.