VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 7,800 Vertiv Holdings Co. $VRT

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,800 shares of the company’s stock, valued at approximately $1,002,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of VRT. Cambridge Investment Research Advisors Inc. raised its stake in shares of Vertiv by 40.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 91,355 shares of the company’s stock valued at $6,596,000 after purchasing an additional 26,154 shares during the period. Asset Management One Co. Ltd. increased its position in shares of Vertiv by 4.6% in the first quarter. Asset Management One Co. Ltd. now owns 133,870 shares of the company’s stock valued at $9,665,000 after acquiring an additional 5,852 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of Vertiv by 157.9% in the first quarter. International Assets Investment Management LLC now owns 9,313 shares of the company’s stock valued at $672,000 after acquiring an additional 5,702 shares during the last quarter. Strategic Investment Advisors MI bought a new stake in Vertiv during the first quarter worth about $493,000. Finally, Global Assets Advisory LLC boosted its position in Vertiv by 253.6% during the first quarter. Global Assets Advisory LLC now owns 6,000 shares of the company’s stock valued at $422,000 after purchasing an additional 4,303 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Up 6.6%

Shares of VRT opened at $182.86 on Friday. The firm’s 50-day simple moving average is $146.24 and its 200 day simple moving average is $122.87. 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 firm has a market cap of $69.83 billion, a P/E ratio of 69.00, a price-to-earnings-growth ratio of 1.38 and a beta of 1.84. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $184.50.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a return on equity of 54.37% and a net margin of 10.67%.The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter in the previous year, the company posted $0.76 earnings per share. The business’s revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The company 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. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio is currently 7.18%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $216.00 price target on Vertiv and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Citigroup boosted their target price on shares of Vertiv from $192.00 to $198.00 and gave the stock a “buy” rating in a report on Thursday. Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Finally, Rothschild Redb raised shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Insider Transactions at Vertiv

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the transaction, the insider owned 12,803 shares in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the transaction, the insider owned 18,848 shares in the company, valued at $2,529,590.08. The trade was a 68.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock worth $23,360,571 over the last quarter. 2.63% of the stock is currently owned by corporate insiders.

Vertiv 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.