Vertiv Holdings Co. $VRT Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC cut its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 2.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 555,254 shares of the company’s stock after selling 14,957 shares during the quarter. Voya Investment Management LLC’s holdings in Vertiv were worth $40,089,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. GW&K Investment Management LLC acquired a new position in shares of Vertiv in the 1st quarter worth $26,000. SouthState Corp acquired a new position in shares of Vertiv in the 1st quarter worth $27,000. North Star Investment Management Corp. grew its holdings in shares of Vertiv by 4,120.0% in the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock worth $30,000 after acquiring an additional 412 shares during the last quarter. Sachetta LLC grew its holdings in shares of Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company’s stock worth $32,000 after acquiring an additional 317 shares during the last quarter. Finally, Banque Transatlantique SA acquired a new position in shares of Vertiv in the 1st quarter worth $33,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Price Performance

VRT opened at $134.90 on Friday. The stock has a market cap of $51.51 billion, a price-to-earnings ratio of 64.55, a PEG ratio of 1.20 and a beta of 1.78. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $155.84. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The stock has a fifty day moving average price of $131.73 and a 200 day moving average price of $107.73.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. The firm had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be given a $0.0375 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is currently 7.18%.

Analyst Ratings Changes

A number of brokerages recently issued reports on VRT. Glj Research began coverage on Vertiv in a report on Tuesday, August 19th. They issued a “sell” rating and a $112.00 target price on the stock. Evercore ISI reaffirmed an “outperform” rating on shares of Vertiv in a research report on Thursday, July 10th. Oppenheimer raised their target price on Vertiv from $140.00 to $151.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. UBS Group raised their target price on Vertiv from $135.00 to $173.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Vertiv in a research report on Friday, July 11th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $142.00.

Insider Buying and Selling

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares of the company’s stock, valued at $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the sale, the director directly owned 133,333 shares of the company’s stock, valued at $17,095,957.26. This represents a 42.86% decrease in their position. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock worth $23,360,571 over the last ninety days. 2.63% of the stock is currently owned by corporate 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.