Vertiv Holdings Co. $VRT Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC trimmed its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 1.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,269 shares of the company’s stock after selling 82 shares during the period. Transcend Capital Advisors LLC’s holdings in Vertiv were worth $548,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Oak Grove Capital LLC lifted its holdings in Vertiv by 39.5% during the second quarter. Oak Grove Capital LLC now owns 121,005 shares of the company’s stock valued at $15,538,000 after purchasing an additional 34,250 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in Vertiv by 66.4% during the second quarter. Ashton Thomas Private Wealth LLC now owns 16,106 shares of the company’s stock valued at $2,068,000 after purchasing an additional 6,425 shares in the last quarter. Delta Investment Management LLC lifted its holdings in Vertiv by 32.1% during the second quarter. Delta Investment Management LLC now owns 6,885 shares of the company’s stock valued at $884,000 after purchasing an additional 1,674 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Vertiv by 14.4% during the second quarter. Nisa Investment Advisors LLC now owns 29,292 shares of the company’s stock valued at $3,761,000 after purchasing an additional 3,692 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its holdings in Vertiv by 12.8% during the second quarter. Wealthfront Advisers LLC now owns 51,131 shares of the company’s stock valued at $6,566,000 after purchasing an additional 5,792 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction dated 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 transaction, the director directly owned 4,631 shares of the company’s stock, valued at $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the transaction, the insider directly owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 180,952 shares of company stock valued at $23,360,571 over the last three months. 5.01% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Morgan Stanley increased their price objective on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Oppenheimer increased their price objective on shares of Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Evercore ISI increased their price objective on shares of Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, October 20th. Deutsche Bank Aktiengesellschaft set a $216.00 price target on shares of Vertiv and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, The Goldman Sachs Group set a $182.00 price target on shares of Vertiv in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Vertiv Price Performance

Shares of VRT stock opened at $190.26 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. The firm’s 50-day moving average is $149.68 and its two-hundred day moving average is $126.20. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $195.71. The company has a market capitalization of $72.65 billion, a PE ratio of 71.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.84.

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

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were paid a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is 5.66%.

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.