Investment Research Partners LLC bought a new stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,540 shares of the company’s stock, valued at approximately $987,000.
Other large investors also recently modified their holdings of the company. Financial Management Professionals Inc. raised its holdings in shares of Vertiv by 1,560.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after purchasing an additional 156 shares during the period. Pacer Advisors Inc. lifted its stake in Vertiv by 67.6% in the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock valued at $26,000 after purchasing an additional 69 shares during the last quarter. True Wealth Design LLC grew its holdings in Vertiv by 54.0% during the third quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares during the period. Quent Capital LLC purchased a new stake in Vertiv in the third quarter worth $30,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Vertiv in the third quarter worth $30,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have recently commented on VRT shares. Weiss Ratings raised Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 13th. TD Cowen reaffirmed a “buy” rating on shares of Vertiv in a report on Thursday, February 12th. Wall Street Zen lowered shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 14th. Royal Bank Of Canada lifted their target price on shares of Vertiv from $200.00 to $266.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $281.00 price target on shares of Vertiv in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $230.28.
Insider Buying and Selling at Vertiv
In other Vertiv news, EVP Anders Karlborg sold 30,487 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $246.92, for a total value of $7,527,850.04. Following the sale, the executive vice president directly owned 34,746 shares in the company, valued at $8,579,482.32. This represents a 46.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman David M. Cote sold 40,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the completion of the transaction, the chairman directly owned 22,258 shares of the company’s stock, valued at approximately $5,682,244.82. The trade was a 64.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 489,761 shares of company stock worth $123,356,815 in the last ninety days. Insiders own 2.63% of the company’s stock.
Vertiv Stock Performance
Shares of VRT opened at $265.55 on Thursday. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $276.78. The stock’s 50-day simple moving average is $218.76 and its 200 day simple moving average is $183.46. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.22 and a current ratio of 1.55. The stock has a market capitalization of $101.60 billion, a price-to-earnings ratio of 77.87, a price-to-earnings-growth ratio of 1.35 and a beta of 2.02.
Vertiv (NYSE:VRT – Get Free Report) last posted its earnings results on Wednesday, February 11th. The company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.07. Vertiv had a return on equity of 49.55% and a net margin of 13.03%.The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.89 billion. During the same quarter in the previous year, the firm earned $0.99 EPS. The company’s quarterly revenue was up 22.7% compared to the same quarter last year. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. Research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.
Vertiv Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 17th will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is currently 7.33%.
About Vertiv
Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.
The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.
See Also
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