Vertiv Holdings Co. $VRT Shares Acquired by Cerity Partners LLC

Cerity Partners LLC lifted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 23.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 108,969 shares of the company’s stock after acquiring an additional 20,410 shares during the quarter. Cerity Partners LLC’s holdings in Vertiv were worth $16,439,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gunderson Capital Management Inc. acquired a new stake in Vertiv during the 3rd quarter worth about $3,666,000. CoreCap Advisors LLC boosted its stake in shares of Vertiv by 60.4% in the third quarter. CoreCap Advisors LLC now owns 5,576 shares of the company’s stock worth $841,000 after buying an additional 2,100 shares during the last quarter. Grandview Asset Management LLC grew its holdings in Vertiv by 4.4% during the third quarter. Grandview Asset Management LLC now owns 3,691 shares of the company’s stock worth $557,000 after acquiring an additional 155 shares during the period. Abundance Wealth Counselors grew its holdings in Vertiv by 313.7% during the third quarter. Abundance Wealth Counselors now owns 10,165 shares of the company’s stock worth $1,533,000 after acquiring an additional 7,708 shares during the period. Finally, Gladstone Institutional Advisory LLC raised its position in Vertiv by 24.3% during the third quarter. Gladstone Institutional Advisory LLC now owns 6,462 shares of the company’s stock valued at $975,000 after acquiring an additional 1,262 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of the firm’s 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 transaction, the executive vice president directly owned 4,050 shares of the company’s stock, valued at $690,444. This trade represents a 57.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 2.63% of the company’s stock.

Vertiv Stock Performance

VRT opened at $163.64 on Friday. The firm’s fifty day simple moving average is $171.53 and its two-hundred day simple moving average is $153.14. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $202.45. The company has a market cap of $62.56 billion, a price-to-earnings ratio of 61.75, a PEG ratio of 1.02 and a beta of 2.06. 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, topping the consensus estimate of $0.99 by $0.25. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.Vertiv’s revenue was up 29.0% compared to the same quarter last year. During the same period in the previous 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. Equities analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, November 25th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, November 25th. This represents a $0.25 annualized dividend and a yield of 0.2%. This is a boost from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio is currently 9.43%.

Analyst Ratings Changes

VRT has been the topic of several recent research reports. Cfra Research raised shares of Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. Barclays upgraded shares of Vertiv from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $181.00 to $200.00 in a research note on Friday, January 2nd. Citigroup raised their price target on shares of Vertiv from $198.00 to $220.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Roth Capital reaffirmed a “buy” rating and issued a $195.00 price objective (up previously from $162.00) on shares of Vertiv in a report on Tuesday, October 21st. Finally, Deutsche Bank Aktiengesellschaft set a $216.00 target price on shares of Vertiv and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $181.38.

About Vertiv

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.