Dover Advisors LLC Increases Position in Vertiv Holdings Co. $VRT

Dover Advisors LLC boosted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 11.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 7,555 shares of the company’s stock after purchasing an additional 750 shares during the period. Dover Advisors LLC’s holdings in Vertiv were worth $970,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VRT. Amundi lifted its stake in 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 during the last quarter. 1832 Asset Management L.P. raised its stake in shares of Vertiv by 985.3% during 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 acquiring an additional 2,089,612 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Vertiv by 3.7% during the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares during the last quarter. Nuveen LLC bought a new position in shares of Vertiv during the first quarter valued at about $77,820,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Vertiv by 54.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company’s stock valued at $263,000,000 after acquiring an additional 812,389 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on VRT. Glj Research started coverage on shares of Vertiv in a research note on Tuesday, August 19th. They issued a “sell” rating and a $112.00 price target for the company. Roth Capital raised their target price on shares of Vertiv from $100.00 to $157.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Wolfe Research reaffirmed an “outperform” rating and set a $155.00 target price on shares of Vertiv in a research note on Thursday, July 10th. Evercore ISI reaffirmed an “outperform” rating on shares of Vertiv in a research note on Thursday, July 10th. Finally, Rothschild & Co Redburn started coverage on shares of Vertiv in a research note on Wednesday, August 20th. They set a “neutral” rating and a $135.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $142.00.

Insider Buying and Selling at Vertiv

In other news, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction that occurred 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 sale, the director owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock worth $23,360,571 over the last quarter. 5.01% of the stock is currently owned by company insiders.

Vertiv Stock Performance

Shares of NYSE VRT opened at $134.90 on Monday. 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 company has a market cap of $51.51 billion, a P/E ratio of 64.55, a P/E/G ratio of 1.19 and a beta of 1.78. The firm’s fifty day moving average is $131.73 and its two-hundred day moving average is $107.83. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $155.84.

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

Vertiv Dividend Announcement

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

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.