Encompass More Asset Management Purchases Shares of 7,461 Vertiv Holdings Co. $VRT

Encompass More Asset Management acquired a new position in shares of Vertiv Holdings Co. (NYSE:VRT) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 7,461 shares of the company’s stock, valued at approximately $1,126,000.

Other hedge funds have also modified their holdings of the company. Archford Capital Strategies LLC acquired a new position in Vertiv during the third quarter worth approximately $259,000. Parisi Gray Wealth Management boosted its holdings in shares of Vertiv by 52.3% in the 3rd quarter. Parisi Gray Wealth Management now owns 3,343 shares of the company’s stock valued at $504,000 after purchasing an additional 1,148 shares during the last quarter. Sowell Financial Services LLC grew its stake in shares of Vertiv by 3.3% during the 3rd quarter. Sowell Financial Services LLC now owns 2,820 shares of the company’s stock valued at $425,000 after buying an additional 91 shares during the period. NovaPoint Capital LLC acquired a new stake in shares of Vertiv during the 3rd quarter worth $1,604,000. Finally, Shaker Investments LLC OH acquired a new stake in shares of Vertiv during the 3rd quarter worth $2,221,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $170.48, for a total transaction of $937,810.48. Following the completion of the sale, the executive vice president directly owned 4,050 shares in the company, valued at $690,444. This trade represents a 57.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.01% of the stock is currently owned by insiders.

Vertiv Stock Up 0.4%

NYSE VRT opened at $167.52 on Monday. The stock has a market cap of $64.05 billion, a PE ratio of 63.21, a P/E/G ratio of 1.35 and a beta of 2.03. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45. The business has a 50 day moving average price of $175.21 and a two-hundred day moving average price of $150.07. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same quarter last year, the firm posted $0.76 earnings per share. The business’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 and its FY 2025 guidance at 4.070-4.130 EPS. As a group, sell-side analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th were issued a $0.0625 dividend. The ex-dividend date was Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. This is an increase from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio (DPR) is presently 9.43%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on VRT shares. Cfra Research raised Vertiv to a “moderate buy” rating in a research report on Tuesday, October 7th. Barclays reaffirmed a “neutral” rating and issued a $181.00 price objective on shares of Vertiv in a research note on Thursday, December 4th. JPMorgan Chase & Co. increased their target price on shares of Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Deutsche Bank Aktiengesellschaft set a $216.00 price target on shares of Vertiv and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Cowen reiterated a “buy” rating and set a $211.00 price objective on shares of Vertiv in a research note on Monday, December 1st. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $180.48.

Vertiv Company Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.