Interchange Capital Partners LLC Trims Stock Position in Vertiv Holdings Co. $VRT

Interchange Capital Partners LLC lessened its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,020 shares of the company’s stock after selling 149 shares during the quarter. Interchange Capital Partners LLC’s holdings in Vertiv were worth $516,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Vertiv by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock valued at $2,723,034,000 after buying an additional 1,359,070 shares during the period. Amundi raised its position in shares of Vertiv by 96.8% during 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. Fred Alger Management LLC raised its position 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 valued at $252,416,000 after buying an additional 572,545 shares during the period. Nordea Investment Management AB raised 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 valued at $415,132,000 after buying an additional 1,624,456 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Vertiv by 6.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company’s stock valued at $205,085,000 after purchasing an additional 182,937 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

NYSE:VRT opened at $185.87 on Friday. The firm has a market capitalization of $70.98 billion, a PE ratio of 70.14, a price-to-earnings-growth ratio of 1.49 and a beta of 1.84. The business’s fifty day moving average price is $147.30 and its 200 day moving average price is $124.14. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.35. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $188.89.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, October 22nd. The company reported $1.24 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 analyst estimates of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.Vertiv’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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, sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio is currently 5.66%.

Insider Activity at Vertiv

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Karsten Winther sold 41,654 shares of the company’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the transaction, the insider owned 18,848 shares of the company’s stock, valued at $2,529,590.08. This represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 180,952 shares of company stock worth $23,360,571. Insiders own 2.63% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Rothschild Redb raised Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Royal Bank Of Canada boosted their target price on Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a research report on Thursday. Oppenheimer boosted their target price on Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday. Melius raised Vertiv from a “hold” rating to a “buy” rating and set a $165.00 target price on the stock in a research report on Tuesday, July 8th. Finally, Glj Research initiated coverage on Vertiv in a research report on Tuesday, August 19th. They issued a “sell” rating and a $112.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned 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, the company presently has an average rating of “Moderate Buy” and an average price target of $177.81.

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.