SYM FINANCIAL Corp Purchases Shares of 2,348 Vertiv Holdings Co. $VRT

SYM FINANCIAL Corp purchased a new stake in Vertiv Holdings Co. (NYSE:VRT) during the second quarter, HoldingsChannel.com reports. The fund purchased 2,348 shares of the company’s stock, valued at approximately $302,000.

Other institutional investors have also recently bought and sold shares of the company. Amundi lifted its position in shares of Vertiv by 96.8% in the first quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. lifted its position in shares of Vertiv by 985.3% in the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock worth $166,183,000 after purchasing an additional 2,089,612 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of Vertiv by 100.1% in the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after purchasing an additional 1,624,456 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock worth $2,723,034,000 after purchasing an additional 1,359,070 shares in the last quarter. Finally, Nuveen LLC bought a new stake in shares of Vertiv in the first quarter worth $77,820,000. Institutional investors own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VRT. Glj Research began coverage on shares of Vertiv in a research report on Tuesday, August 19th. They issued a “sell” rating and a $112.00 price objective on the stock. Melius raised shares of Vertiv from a “hold” rating to a “buy” rating and set a $165.00 price objective on the stock in a research report on Tuesday, July 8th. Wolfe Research reaffirmed an “outperform” rating and set a $155.00 price target on shares of Vertiv in a research report on Thursday, July 10th. Royal Bank Of Canada upped 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. Finally, Redburn Atlantic raised shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Trading Up 3.7%

VRT stock opened at $193.00 on Tuesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. The company’s 50-day simple moving average is $148.45 and its 200 day simple moving average is $125.35. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $194.00. The company has a market capitalization of $73.70 billion, a PE ratio of 72.83, a price-to-earnings-growth ratio of 1.51 and a beta of 1.84.

Vertiv (NYSE:VRT) last released its quarterly 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. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same period in the prior year, the company posted $0.76 earnings per share. Vertiv’s revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

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

Insider Buying and Selling

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. The trade was a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock valued at $23,360,571 over the last 90 days. 5.01% of the stock is currently owned by insiders.

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.