Vertiv Holdings Co. $VRT Shares Sold by Glynn Capital Management LLC

Glynn Capital Management LLC lessened its stake in Vertiv Holdings Co. (NYSE:VRT) by 3.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 210,522 shares of the company’s stock after selling 6,501 shares during the period. Vertiv comprises about 6.1% of Glynn Capital Management LLC’s holdings, making the stock its 3rd biggest position. Glynn Capital Management LLC’s holdings in Vertiv were worth $27,033,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. FengHe Fund Management Pte. Ltd. bought a new position in shares of Vertiv in the first quarter valued at about $33,389,000. Nordea Investment Management AB grew its holdings in Vertiv by 100.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after acquiring an additional 1,624,456 shares during the period. Fox Run Management L.L.C. increased its holdings in Vertiv by 449.9% in the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock valued at $1,556,000 after purchasing an additional 17,627 shares during the last quarter. iA Global Asset Management Inc. increased its stake in shares of Vertiv by 130.2% in the 2nd quarter. iA Global Asset Management Inc. now owns 9,147 shares of the company’s stock valued at $1,175,000 after acquiring an additional 5,173 shares during the last quarter. Finally, Trilogy Capital Inc. acquired a new stake in Vertiv in the second quarter worth $2,790,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Redburn Atlantic upgraded Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Citigroup boosted their price objective on Vertiv from $192.00 to $198.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Bank of America increased their target price on shares of Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. William Blair began coverage on shares of Vertiv in a research report on Monday, July 28th. They set an “outperform” rating for the company. Finally, Morgan Stanley boosted their price target on Vertiv from $165.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Stock Performance

Shares of VRT stock opened at $178.98 on Wednesday. The firm has a 50 day moving average of $161.70 and a 200-day moving average of $134.54. The company has a market cap of $68.43 billion, a price-to-earnings ratio of 67.54, a price-to-earnings-growth ratio of 1.52 and a beta of 1.87. 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 Holdings Co. has a 52 week low of $53.60 and a 52 week high of $202.45.

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

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Insider Buying and Selling

In other news, insider Karsten Winther sold 41,654 shares of the company’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction 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. The trade was a 77.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 180,952 shares of company stock valued at $23,360,571 in the last 90 days. Insiders own 5.01% 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.