Vertiv Holdings Co. $VRT Stake Lifted by Knollwood Investment Advisory LLC

Knollwood Investment Advisory LLC lifted its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 12.2% during the second quarter, Holdings Channel.com reports. The fund owned 36,975 shares of the company’s stock after purchasing an additional 4,025 shares during the period. Knollwood Investment Advisory LLC’s holdings in Vertiv were worth $4,748,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in VRT. Harbour Investments Inc. lifted its holdings in shares of Vertiv by 130.5% in the first quarter. Harbour Investments Inc. now owns 2,238 shares of the company’s stock valued at $162,000 after buying an additional 1,267 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Vertiv by 39.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 46,073 shares of the company’s stock valued at $3,326,000 after acquiring an additional 13,119 shares during the last quarter. Bank of Nova Scotia lifted its holdings in Vertiv by 17.5% in the 1st quarter. Bank of Nova Scotia now owns 19,527 shares of the company’s stock valued at $1,410,000 after acquiring an additional 2,912 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Vertiv by 18.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 225,659 shares of the company’s stock valued at $16,293,000 after purchasing an additional 34,736 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new position in shares of Vertiv in the 1st quarter worth approximately $84,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Jakki L. Haussler sold 15,680 shares of Vertiv 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 sale, the director directly owned 4,631 shares in the company, valued at $573,873.52. The trade was a 77.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the transaction, the executive vice president directly owned 4,050 shares in the company, valued at approximately $690,444. The trade was a 57.60% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.63% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Cfra Research raised Vertiv to a “moderate buy” rating in a report on Tuesday, October 7th. Mizuho raised their price objective on Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft set a $216.00 price target on Vertiv and gave the company a “buy” rating in a research report on Wednesday, October 15th. Finally, Rothschild Redb upgraded Vertiv to a “hold” rating in a report on Wednesday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $178.38.

Vertiv Trading Up 2.1%

NYSE:VRT opened at $182.65 on Friday. The stock has a market cap of $69.83 billion, a PE ratio of 68.92, a price-to-earnings-growth ratio of 1.45 and a beta of 2.03. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45. 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 stock’s 50-day moving average is $173.94 and its two-hundred day moving average is $142.87.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same period last year, the company posted $0.76 earnings per share. The firm’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 and its FY 2025 guidance at 4.070-4.130 EPS. As a group, equities research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be issued a dividend of $0.0625 per share. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Tuesday, November 25th. Vertiv’s dividend payout ratio is 9.43%.

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.