EFG Asset Management North America Corp. Buys 16,546 Shares of Vertiv Holdings Co. $VRT

EFG Asset Management North America Corp. boosted its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 23.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 88,108 shares of the company’s stock after buying an additional 16,546 shares during the period. Vertiv makes up approximately 1.6% of EFG Asset Management North America Corp.’s holdings, making the stock its 8th biggest holding. EFG Asset Management North America Corp.’s holdings in Vertiv were worth $11,307,000 as of its most recent SEC filing.

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

Vertiv Trading Down 5.8%

Shares of Vertiv stock opened at $180.30 on Wednesday. The firm has a 50-day moving average of $156.15 and a 200-day moving average of $130.79. The stock has a market cap of $68.93 billion, a PE ratio of 68.04, a PEG ratio of 1.55 and a beta of 1.87. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $202.45. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. Vertiv’s quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.76 earnings per share. 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 forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were paid 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 payout ratio is 5.66%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on VRT shares. Cfra Research upgraded shares of Vertiv to a “moderate buy” rating in a report on Tuesday, October 7th. Cowen set a $210.00 target price on shares of Vertiv in a report on Thursday, October 23rd. Barclays lifted their price objective on shares of Vertiv from $145.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 23rd. Mizuho lifted their price objective on shares of Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Finally, Melius Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating and lifted their price objective for the stock from $134.00 to $165.00 in a research report on Tuesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

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 transaction of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider directly owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 180,952 shares of company stock worth $23,360,571 in the last ninety days. 5.01% of the stock is owned by company insiders.

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.