Vertiv Holdings Co. $VRT Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 3.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,686,778 shares of the company’s stock after purchasing an additional 219,970 shares during the period. Geode Capital Management LLC owned 1.75% of Vertiv worth $856,082,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Presidio Capital Management LLC increased its position in Vertiv by 1.3% during the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock valued at $772,000 after buying an additional 80 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its stake in shares of Vertiv by 4.0% during the second quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock worth $285,000 after acquiring an additional 86 shares during the last quarter. Grandview Asset Management LLC increased its holdings in shares of Vertiv by 2.8% during the second quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock valued at $454,000 after acquiring an additional 96 shares in the last quarter. Ameriflex Group Inc. raised its position in shares of Vertiv by 14.9% in the 2nd quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock valued at $95,000 after purchasing an additional 100 shares during the last quarter. Finally, Avion Wealth raised its position in shares of Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after purchasing an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

VRT has been the topic of several research analyst reports. Rothschild Redb raised shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. William Blair started coverage on shares of Vertiv in a report on Monday, July 28th. They set an “outperform” rating on the stock. Roth Capital reissued a “buy” rating and issued a $195.00 target price (up from $162.00) on shares of Vertiv in a research report on Tuesday, October 21st. Redburn Atlantic raised Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Finally, Cfra Research upgraded Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $177.81.

Vertiv Stock Performance

Shares of NYSE VRT opened at $163.41 on Friday. The company has a market capitalization of $62.48 billion, a PE ratio of 61.66, a price-to-earnings-growth ratio of 1.41 and a beta of 1.87. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. The company’s fifty day moving average price is $163.41 and its 200 day moving average price is $135.01. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $202.45.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share 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 during the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter in the previous year, the company earned $0.76 earnings per share. The firm’s revenue for the quarter 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, research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given a dividend of $0.0375 per share. The ex-dividend date was Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is currently 5.66%.

Insider Buying and Selling at Vertiv

In other news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction that occurred on 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 transaction, the director owned 4,631 shares in the company, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the sale, the insider directly owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 139,298 shares of company stock valued at $17,770,188. Company insiders own 2.63% of the company’s stock.

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.