Federated Hermes Inc. Lowers Position in Vertiv Holdings Co. $VRT

Federated Hermes Inc. lessened its stake in Vertiv Holdings Co. (NYSE:VRT) by 90.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,119 shares of the company’s stock after selling 1,016,917 shares during the quarter. Federated Hermes Inc.’s holdings in Vertiv were worth $13,627,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of VRT. Avion Wealth boosted its holdings in Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after acquiring an additional 106 shares during the last quarter. OLD Point Trust & Financial Services N A bought a new position in shares of Vertiv during the second quarter valued at about $32,000. DiNuzzo Private Wealth Inc. lifted its position in shares of Vertiv by 780.0% during the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after purchasing an additional 234 shares in the last quarter. University of Texas Texas AM Investment Management Co. purchased a new position in Vertiv during the second quarter worth about $37,000. Finally, Garde Capital Inc. grew its position in Vertiv by 1,886.7% in the 2nd quarter. Garde Capital Inc. now owns 298 shares of the company’s stock worth $38,000 after purchasing an additional 283 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

VRT has been the topic of a number of research analyst reports. Rothschild Redb upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Royal Bank Of Canada lifted their price target on Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Redburn Atlantic upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft set a $216.00 target price on Vertiv and gave the company a “buy” rating in a research report on Wednesday, October 15th. Finally, Rothschild & Co Redburn began coverage on shares of Vertiv in a report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average price target of $180.48.

Insider Buying and Selling

In related news, 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 transaction, the executive vice president directly owned 4,050 shares in the company, valued at approximately $690,444. The trade was a 57.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.63% of the company’s stock.

Vertiv Stock Performance

Shares of VRT opened at $182.07 on Thursday. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $202.45. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. The stock’s fifty day moving average price is $176.74 and its two-hundred day moving average price is $145.34. The firm has a market cap of $69.61 billion, a PE ratio of 68.71, a PEG ratio of 1.43 and a beta of 2.03.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.25. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The firm’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

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

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.