Vinva Investment Management Ltd Grows Position in Vertiv Holdings Co. $VRT

Vinva Investment Management Ltd boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 10.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,715 shares of the company’s stock after acquiring an additional 7,127 shares during the period. Vinva Investment Management Ltd’s holdings in Vertiv were worth $10,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Evercore ISI upped their price objective on Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. increased their target price on shares of Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Oppenheimer upped their price target on Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Finally, Cowen set a $210.00 price objective on Vertiv in a research report on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Trading Up 1.6%

NYSE VRT opened at $172.36 on Thursday. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $202.45. The company has a fifty day simple moving average of $169.68 and a two-hundred day simple moving average of $140.04. 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 $65.90 billion, a P/E ratio of 65.04, a P/E/G ratio of 1.38 and a beta of 1.87.

Vertiv (NYSE:VRT) last released its 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 for the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The firm’s revenue was up 29.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The firm 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 dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. This is a boost from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s payout ratio is 9.43%.

Insider Activity at Vertiv

In related news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the completion of the transaction, the executive vice president directly owned 4,050 shares in the company, valued at $690,444. The trade was a 57.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the company’s stock in a transaction on Monday, September 8th. The shares were 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 in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.