Vertiv Holdings Co. $VRT Stock Purchased by Private Advisory Group LLC

Private Advisory Group LLC increased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 17.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,869 shares of the company’s stock after buying an additional 12,504 shares during the quarter. Vertiv accounts for about 1.1% of Private Advisory Group LLC’s portfolio, making the stock its 20th largest position. Private Advisory Group LLC’s holdings in Vertiv were worth $20,721,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. State Street Corp raised its stake in Vertiv by 4.5% in the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after buying an additional 704,970 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Vertiv by 14.1% during the second quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock worth $1,270,428,000 after acquiring an additional 468,380 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Vertiv by 1.1% during the second quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock worth $716,169,000 after acquiring an additional 23,444 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Vertiv by 1.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock worth $678,890,000 after acquiring an additional 51,328 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Vertiv by 33.7% during the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock valued at $604,059,000 after acquiring an additional 608,176 shares in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Jefferies Financial Group decreased their price objective on shares of Vertiv from $320.00 to $245.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. TD Cowen boosted their target price on shares of Vertiv from $356.00 to $357.00 and gave the stock a “buy” rating in a research report on Thursday, October 29th. KeyCorp dropped their target price on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Royal Bank Of Canada upped their price target on shares of Vertiv from $323.00 to $351.00 and gave the company an “outperform” rating in a research note on Thursday, October 29th. Finally, Robert W. Baird set a $320.00 price target on shares of Vertiv and gave the stock an “outperform” rating in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $333.70.

Insiders Place Their Bets

In other Vertiv news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the transaction, the director directly owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

Key Vertiv News

Here’s some of the latest news about VRT:

• Positive Sentiment: Vertiv unveiled the PowerNexus MV UPS, an outdoor-rated medium-voltage system designed to help AI data centers connect to the grid faster, protect power supply, and preserve indoor space for computing equipment. The system targets hyperscale, colocation, and neocloud operators; Vertiv also plans a dedicated laboratory to advance the technology. The launch reinforces its exposure to AI infrastructure demand, although the announcement does not specify near-term revenue impact. Article: Vertiv Introduces Medium-Voltage Power System
• Positive Sentiment: Bernstein assigned Vertiv a Buy rating, adding to favorable commentary on the company’s growth prospects. Recent coverage has highlighted AI data-center demand and strong quarterly performance: revenue rose 61% year over year in the reported quarter, and earnings exceeded consensus estimates. Article: Vertiv Receives a Buy from Bernstein
• Neutral Sentiment: JPMorgan initiated coverage with a Neutral rating and a $240 price target. The target indicates potential upside from the cited share price, but the rating signals a more measured view than Bernstein’s Buy call. Article: JPMorgan Initiates Coverage of Vertiv

Vertiv Stock Up 1.6%

Shares of VRT stock opened at $209.78 on Friday. The stock’s 50-day simple moving average is $232.64 and its 200-day simple moving average is $270.17. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.01 and a current ratio of 1.39. The firm has a market capitalization of $80.78 billion, a PE ratio of 39.21, a P/E/G ratio of 0.66 and a beta of 2.11. Vertiv Holdings Co. has a fifty-two week low of $147.82 and a fifty-two week high of $379.93.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.39. Vertiv had a return on equity of 53.31% and a net margin of 15.99%. The firm had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period last year, the business posted $1.24 earnings per share. The company’s revenue for the quarter was up 61.2% compared to the same quarter last year. Equities analysts expect that Vertiv Holdings Co. will post 7.17 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 14th. Vertiv’s dividend payout ratio is 4.67%.

About Vertiv

Vertiv Holdings Co. (NYSE: VRT) designs, manufactures and services critical digital infrastructure used by data centers, communications networks and commercial and industrial facilities. Its offerings help customers maintain reliable power, cooling and operating conditions for technology systems. The company’s products and solutions include uninterruptible power supplies, power distribution equipment, thermal management systems, racks, integrated modular infrastructure, and monitoring and control software.