Vertiv Holdings Co. $VRT Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 25.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,868 shares of the company’s stock after purchasing an additional 16,348 shares during the period. Oppenheimer & Co. Inc.’s holdings in Vertiv were worth $19,756,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Arnhold LLC raised its stake in shares of Vertiv by 5.4% during the 3rd quarter. Arnhold LLC now owns 214,836 shares of the company’s stock worth $51,842,000 after buying an additional 11,042 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of Vertiv by 0.4% in the third quarter. Park Avenue Securities LLC now owns 30,299 shares of the company’s stock valued at $7,312,000 after buying an additional 124 shares in the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of Vertiv by 73.9% in the third quarter. Verdence Capital Advisors LLC now owns 2,481 shares of the company’s stock valued at $599,000 after buying an additional 1,054 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in Vertiv during the third quarter worth $383,000. Finally, Leo Wealth LLC acquired a new position in Vertiv during the third quarter worth $317,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Edward Monser sold 15,287 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the sale, the director owned 16,500 shares of the company’s stock, valued at $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

VRT has been the subject of several research analyst reports. Jefferies Financial Group cut their price objective on Vertiv from $320.00 to $245.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. HSBC decreased their target price on shares of Vertiv from $376.00 to $365.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Wall Street Zen cut shares of Vertiv from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Citigroup lowered their price target on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada cut their price target on shares of Vertiv from $337.00 to $323.00 and set an “outperform” rating for the company in a report on Wednesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and a consensus target price of $335.67.

Vertiv Trading Up 2.9%

Shares of Vertiv stock opened at $199.93 on Tuesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. Vertiv Holdings Co. has a 1 year low of $147.82 and a 1 year high of $379.93. The company has a market capitalization of $76.97 billion, a P/E ratio of 45.23, a P/E/G ratio of 0.72 and a beta of 2.05. The business has a 50 day moving average price of $247.74 and a 200 day moving average price of $267.52.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%. Vertiv’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Sell-side analysts anticipate that Vertiv Holdings Co. will post 6.71 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 14th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 14th. Vertiv’s payout ratio is 5.66%.

About Vertiv

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company’s offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.