WT Asset Management Ltd Purchases New Holdings in Vertiv Holdings Co. $VRT

WT Asset Management Ltd purchased a new stake in shares of Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 311,000 shares of the company’s stock, valued at approximately $39,936,000. Vertiv accounts for about 2.8% of WT Asset Management Ltd’s portfolio, making the stock its 11th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. grew its holdings in Vertiv by 780.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after purchasing an additional 234 shares during the last quarter. Garde Capital Inc. boosted its position in Vertiv by 1,886.7% in the 2nd quarter. Garde Capital Inc. now owns 298 shares of the company’s stock valued at $38,000 after buying an additional 283 shares during the period. GW&K Investment Management LLC purchased a new stake in Vertiv in the 1st quarter valued at about $26,000. SouthState Corp purchased a new stake in Vertiv in the 1st quarter valued at about $27,000. Finally, North Star Investment Management Corp. boosted its position in Vertiv by 4,120.0% in the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock valued at $30,000 after buying an additional 412 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction that occurred on 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 completion of the sale, the director owned 4,631 shares of the company’s stock, valued at $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven Reinemund sold 100,000 shares of the stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the sale, the director directly owned 133,333 shares of the company’s stock, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is currently owned by insiders.

Vertiv Trading Down 0.7%

NYSE:VRT opened at $160.45 on Friday. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $168.99. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The firm has a market cap of $61.27 billion, a P/E ratio of 76.77, a P/E/G ratio of 1.42 and a beta of 1.84. The firm has a 50-day simple moving average of $137.27 and a 200-day simple moving average of $113.78.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the previous year, the business posted $0.67 EPS. The company’s quarterly revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were given 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 dividend payout ratio is presently 7.18%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on VRT. Bank of America boosted their price objective on shares of Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 17th. William Blair began coverage on shares of Vertiv in a research report on Monday, July 28th. They issued an “outperform” rating for the company. Melius Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating and boosted their price objective for the company from $134.00 to $165.00 in a research report on Tuesday, July 8th. Melius raised shares of Vertiv from a “hold” rating to a “buy” rating and set a $165.00 price objective for the company in a research report on Tuesday, July 8th. Finally, Barclays boosted their price objective on shares of Vertiv from $128.00 to $145.00 and gave the company an “equal weight” rating in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $144.95.

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.