Edgestream Partners L.P. Decreases Holdings in Vertiv Holdings Co. $VRT

Edgestream Partners L.P. reduced its position in Vertiv Holdings Co. (NYSE:VRT) by 51.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,733 shares of the company’s stock after selling 7,117 shares during the period. Edgestream Partners L.P.’s holdings in Vertiv were worth $865,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. SouthState Corp purchased a new position in shares of Vertiv in the first quarter valued at $27,000. Avion Wealth increased its holdings in Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after acquiring an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A acquired a new position in Vertiv during the second quarter worth about $32,000. Banque Transatlantique SA acquired a new position in shares of Vertiv during the 1st quarter worth approximately $33,000. Finally, DiNuzzo Private Wealth Inc. raised its holdings in shares of Vertiv by 780.0% in the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after acquiring an additional 234 shares during the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

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

Vertiv Trading Up 3.4%

Shares of VRT stock opened at $188.79 on Friday. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45. The firm’s 50 day moving average price is $174.94 and its two-hundred day moving average price is $143.70. The stock has a market cap of $72.18 billion, a price-to-earnings ratio of 71.24, a price-to-earnings-growth ratio of 1.53 and a beta of 2.03.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. The business 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 business’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. On average, analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS 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 paid a dividend of $0.0625 per share. This is a boost from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Tuesday, November 25th. Vertiv’s payout ratio is presently 9.43%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Rothschild & Co Redburn began coverage on Vertiv in a report on Wednesday, August 20th. They set a “neutral” rating and a $135.00 price objective on the stock. Citigroup upped their price target on shares of Vertiv from $192.00 to $198.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Glj Research initiated coverage on shares of Vertiv in a research note on Tuesday, August 19th. They set a “sell” rating and a $112.00 price target on the stock. TD Cowen lifted their price target on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Morgan Stanley upped their price objective on Vertiv from $165.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.38.

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.