E Fund Management Hong Kong Co. Ltd. Takes $153,000 Position in Vertiv Holdings Co. $VRT

E Fund Management Hong Kong Co. Ltd. acquired a new stake in Vertiv Holdings Co. (NYSE:VRT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,191 shares of the company’s stock, valued at approximately $153,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VRT. Vanguard Group Inc. lifted 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 worth $2,723,034,000 after acquiring an additional 1,359,070 shares during the last quarter. 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 acquiring an additional 3,420,144 shares during the last quarter. Fred Alger Management LLC lifted its stake in Vertiv by 19.6% in the first quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company’s stock worth $252,416,000 after acquiring an additional 572,545 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Vertiv by 6.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company’s stock worth $205,085,000 after acquiring an additional 182,937 shares during the last quarter. Finally, 1832 Asset Management L.P. lifted 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 worth $166,183,000 after acquiring an additional 2,089,612 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Melius Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating and lifted their price target for the stock from $134.00 to $165.00 in a research note on Tuesday, July 8th. The Goldman Sachs Group set a $159.00 price target on shares of Vertiv in a research note on Monday, September 29th. Rothschild Redb upgraded shares of Vertiv to a “hold” rating in a research note on Wednesday, August 20th. William Blair began coverage on shares of Vertiv in a research note on Monday, July 28th. They issued an “outperform” rating for the company. Finally, Wolfe Research restated an “outperform” rating and set a $155.00 price objective on shares of Vertiv in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $147.58.

Insider Activity

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the business’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the transaction, the insider directly owned 18,848 shares of the company’s stock, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the business’s stock in a transaction 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 transaction, the director directly owned 4,631 shares in the company, valued at $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is owned by corporate insiders.

Vertiv Stock Performance

Shares of Vertiv stock opened at $167.33 on Thursday. The firm’s fifty day simple moving average is $138.45 and its 200-day simple moving average is $115.31. The stock has a market capitalization of $63.90 billion, a price-to-earnings ratio of 80.06, a PEG ratio of 1.40 and a beta of 1.84. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $169.83. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. The business had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company’s quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, equities 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 paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s payout ratio is currently 7.18%.

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.