OFI Invest Asset Management Sells 51,865 Shares of Vertiv Holdings Co. $VRT

OFI Invest Asset Management trimmed its holdings in Vertiv Holdings Co. (NYSE:VRT) by 16.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 254,415 shares of the company’s stock after selling 51,865 shares during the period. OFI Invest Asset Management’s holdings in Vertiv were worth $38,381,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in VRT. Promus Capital LLC acquired a new position in Vertiv in the 2nd quarter valued at $26,000. Avion Wealth increased its position in shares of Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after purchasing an additional 106 shares during the period. OLD Point Trust & Financial Services N A acquired a new position in Vertiv in the second quarter valued at about $32,000. DiNuzzo Private Wealth Inc. raised its stake in Vertiv by 780.0% in the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after purchasing an additional 234 shares in the last quarter. Finally, University of Texas Texas AM Investment Management Co. bought a new stake in Vertiv during the second quarter worth about $37,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

NYSE VRT opened at $166.27 on Tuesday. The firm’s fifty day moving average price is $176.01 and its two-hundred day moving average price is $148.52. The stock has a market cap of $63.57 billion, a PE ratio of 62.74, a PEG ratio of 1.28 and a beta of 2.03. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.Vertiv’s revenue was up 29.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. On average, equities analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.2%. This is an increase from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date was Tuesday, November 25th. Vertiv’s dividend payout ratio (DPR) is presently 9.43%.

Insider Activity

In related news, EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the transaction, the executive vice president owned 4,050 shares in the company, valued at $690,444. This trade represents a 57.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.01% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on VRT. Cfra Research raised shares of Vertiv to a “moderate buy” rating in a report on Tuesday, October 7th. Royal Bank Of Canada increased their price target on shares of Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group boosted their price objective on shares of Vertiv from $182.00 to $204.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Oppenheimer upped their target price on Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Finally, Evercore ISI raised their target price on Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, October 20th. Two 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $180.48.

Vertiv Company Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.