Kestra Investment Management LLC Has $946,000 Stake in Vertiv Holdings Co. $VRT

Kestra Investment Management LLC grew its holdings in Vertiv Holdings Co. (NYSE:VRT) by 9,852.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,365 shares of the company’s stock after purchasing an additional 7,291 shares during the quarter. Kestra Investment Management LLC’s holdings in Vertiv were worth $946,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Avion Wealth lifted its position in Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after buying an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A bought a new position in shares of Vertiv in the second quarter worth about $32,000. DiNuzzo Private Wealth Inc. lifted its position in shares of Vertiv by 780.0% during the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after purchasing an additional 234 shares in the last quarter. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Vertiv during the second quarter valued at approximately $37,000. Finally, Garde Capital Inc. increased its holdings in shares of Vertiv by 1,886.7% in the second quarter. Garde Capital Inc. now owns 298 shares of the company’s stock valued at $38,000 after purchasing an additional 283 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Trading Down 9.8%

NYSE VRT opened at $161.14 on Monday. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $202.45. The stock has a 50-day simple moving average of $177.10 and a 200 day simple moving average of $146.48. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $61.61 billion, a PE ratio of 60.81, a P/E/G ratio of 1.30 and a beta of 2.03.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. Research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.2%. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. Vertiv’s dividend payout ratio (DPR) is 9.43%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Barclays reaffirmed a “neutral” rating and set a $181.00 price objective on shares of Vertiv in a report on Thursday, December 4th. UBS Group boosted their target price on Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Royal Bank Of Canada raised their price target on Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Evercore ISI boosted their price objective on Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. Finally, Oppenheimer upped their target price on shares of Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and an average price target of $180.48.

Insider Buying and Selling at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the transaction, the executive vice president owned 4,050 shares of the company’s stock, valued at $690,444. The trade was a 57.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.01% of the stock is currently owned by corporate 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.