Police & Firemen s Retirement System of New Jersey Has $7.42 Million Position in Vertiv Holdings Co. $VRT

Police & Firemen s Retirement System of New Jersey raised its stake in Vertiv Holdings Co. (NYSE:VRT) by 11.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,789 shares of the company’s stock after acquiring an additional 5,782 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Vertiv were worth $7,421,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock valued at $2,723,034,000 after purchasing an additional 1,359,070 shares in the last quarter. Amundi increased its holdings in Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock valued at $469,490,000 after buying an additional 3,420,144 shares during the period. Geode Capital Management LLC raised its position in shares of Vertiv by 3.4% in the 2nd quarter. Geode Capital Management LLC now owns 6,686,778 shares of the company’s stock valued at $856,082,000 after buying an additional 219,970 shares in the last quarter. Fred Alger Management LLC lifted its holdings in shares of Vertiv by 19.6% during the 1st quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company’s stock worth $252,416,000 after acquiring an additional 572,545 shares during the period. Finally, Nordea Investment Management AB boosted its position in shares of 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 in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Vertiv news, 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 value of $1,943,065.60. Following the sale, the director owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value 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. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 139,298 shares of company stock valued at $17,770,188 over the last 90 days. 2.63% of the stock is owned by insiders.

Analysts Set New Price Targets

VRT has been the subject of several recent analyst reports. Bank of America upped their target price on Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 17th. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Rothschild Redb upgraded Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Morgan Stanley raised their price objective on Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Finally, Redburn Atlantic upgraded Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and one has assigned 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 $177.81.

Vertiv Stock Performance

NYSE:VRT opened at $163.41 on Friday. The stock’s 50-day moving average is $163.41 and its 200-day moving average is $135.01. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $202.45. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The stock has a market cap of $62.48 billion, a P/E ratio of 61.66, a price-to-earnings-growth ratio of 1.41 and a beta of 1.87.

Vertiv (NYSE:VRT) last issued 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 business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same quarter last year, the business earned $0.76 EPS. The firm’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. Equities research analysts anticipate 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. Stockholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. 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 payout ratio is 5.66%.

Vertiv Company 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.