Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Sells 62,255 Shares of Vertiv Holdings Co. $VRT

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management lowered its stake in Vertiv Holdings Co. (NYSE:VRT) by 63.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,745 shares of the company’s stock after selling 62,255 shares during the period. Vertiv makes up 0.7% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s holdings, making the stock its 27th biggest holding. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s holdings in Vertiv were worth $4,590,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Avion Wealth grew its stake in Vertiv by 99.1% during the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after buying an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A bought a new stake in shares of Vertiv during the 2nd quarter worth approximately $32,000. DiNuzzo Private Wealth Inc. lifted its holdings in shares of Vertiv by 780.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after acquiring an additional 234 shares during the period. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Vertiv during the 2nd quarter worth approximately $37,000. Finally, Garde Capital Inc. increased its stake in Vertiv by 1,886.7% in the second quarter. Garde Capital Inc. now owns 298 shares of the company’s stock valued at $38,000 after acquiring an additional 283 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Insider Buying and Selling at Vertiv

In other news, Director Steven Reinemund sold 100,000 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the sale, the director owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the firm’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 transaction, the director owned 4,631 shares of the company’s stock, valued at $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 139,298 shares of company stock worth $17,770,188. Insiders own 2.63% of the company’s stock.

Vertiv Stock Up 4.3%

NYSE:VRT opened at $170.66 on Friday. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $202.45. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. The company has a market cap of $65.25 billion, a PE ratio of 64.40, a P/E/G ratio of 1.39 and a beta of 1.87. The firm’s 50 day simple moving average is $164.34 and its 200 day simple moving average is $135.94.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.25. The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.76 earnings per share. 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 anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be given a $0.0625 dividend. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Evercore ISI upped their target price on Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. The Goldman Sachs Group set a $182.00 price target on Vertiv in a research note on Thursday, October 23rd. Redburn Atlantic upgraded Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Cfra Research raised Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. Finally, Deutsche Bank Aktiengesellschaft set a $216.00 price target on shares of Vertiv and gave the company a “buy” rating in a research note on Wednesday, October 15th. Two research 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $177.81.

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.