Dnca Finance Sells 12,140 Shares of Vertiv Holdings Co. $VRT

Dnca Finance lowered its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 20.1% in the second quarter, HoldingsChannel reports. The fund owned 48,360 shares of the company’s stock after selling 12,140 shares during the period. Dnca Finance’s holdings in Vertiv were worth $6,210,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cary Street Partners Financial LLC bought a new stake in shares of Vertiv in the first quarter worth $84,000. Vanguard Group Inc. increased its stake in Vertiv by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock valued at $2,723,034,000 after buying an additional 1,359,070 shares during the last quarter. Citizens Financial Group Inc. RI bought a new stake in Vertiv during the 1st quarter worth about $628,000. ASR Vermogensbeheer N.V. acquired a new position in shares of Vertiv during the 1st quarter worth about $1,020,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Vertiv by 6.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,852,401 shares of the company’s stock worth $133,743,000 after buying an additional 106,290 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Stock Up 3.4%

VRT opened at $188.79 on Friday. The stock’s fifty day simple moving average is $174.94 and its 200 day simple moving average is $143.70. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $202.45. The stock has a market cap of $72.18 billion, a PE ratio of 71.24, a price-to-earnings-growth ratio of 1.53 and a beta of 2.03. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.99 by $0.25. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company’s quarterly revenue was up 29.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.76 earnings per share. 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, research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

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

Insider Buying and Selling

In other news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the transaction, the executive vice president owned 4,050 shares of the company’s stock, valued at approximately $690,444. This represents a 57.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the transaction, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Rothschild Redb upgraded Vertiv to a “hold” rating in a report on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft set a $216.00 price objective on Vertiv and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Cowen reissued a “buy” rating and issued a $211.00 target price on shares of Vertiv in a research note on Monday, December 1st. The Goldman Sachs Group set a $182.00 price target on shares of Vertiv in a research report on Thursday, October 23rd. Finally, Cfra Research upgraded shares of Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $178.38.

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.