Private Trust Co. NA raised its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 34.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,099 shares of the company’s stock after purchasing an additional 1,578 shares during the period. Private Trust Co. NA’s holdings in Vertiv were worth $783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently added to or reduced their stakes in VRT. Amundi grew its stake in Vertiv by 96.8% in the first quarter. Amundi now owns 6,951,773 shares of the company’s stock valued at $469,490,000 after purchasing an additional 3,420,144 shares during the last quarter. 1832 Asset Management L.P. grew its stake in Vertiv by 985.3% in the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock valued at $166,183,000 after purchasing an additional 2,089,612 shares during the last quarter. Nordea Investment Management AB grew its stake in Vertiv by 100.1% in the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after purchasing an additional 1,624,456 shares during the last quarter. Vanguard Group Inc. grew its stake in Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock valued at $2,723,034,000 after purchasing an additional 1,359,070 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Vertiv in the first quarter valued at about $77,820,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have issued reports on VRT shares. Citigroup lifted their target price on Vertiv from $167.00 to $192.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Bank of America boosted their target price on Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 17th. The Goldman Sachs Group set a $159.00 target price on Vertiv in a research note on Monday, September 29th. Deutsche Bank Aktiengesellschaft set a $216.00 target price on Vertiv and gave the stock a “buy” rating in a research note on Wednesday. Finally, Glj Research began coverage on Vertiv in a research note on Tuesday, August 19th. They set a “sell” rating and a $112.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Vertiv presently has an average rating of “Moderate Buy” and an average price target of $160.30.
Vertiv Stock Down 2.1%
Vertiv stock opened at $174.11 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The business’s 50-day simple moving average is $143.22 and its two-hundred day simple moving average is $120.16. The company has a market cap of $66.49 billion, a PE ratio of 83.31, a PEG ratio of 1.50 and a beta of 1.84. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $184.44.
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.12. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The company’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.
Vertiv Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s payout ratio is presently 7.18%.
Insider Transactions at Vertiv
In other news, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the transaction, the insider owned 12,803 shares of the company’s stock, valued at $1,630,334.02. The trade was a 63.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction dated 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 directly owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock worth $23,360,571 in the last 90 days. 2.63% of the stock is owned by company insiders.
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.
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