Cerity Partners LLC Has $11.37 Million Stock Holdings in Vertiv Holdings Co. $VRT

Cerity Partners LLC raised its position in Vertiv Holdings Co. (NYSE:VRT) by 29.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 88,559 shares of the company’s stock after acquiring an additional 19,889 shares during the period. Cerity Partners LLC’s holdings in Vertiv were worth $11,372,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Richard W. Paul & Associates LLC lifted its position in shares of Vertiv by 0.9% in the second quarter. Richard W. Paul & Associates LLC now owns 8,804 shares of the company’s stock worth $1,130,000 after purchasing an additional 79 shares in the last quarter. Presidio Capital Management LLC increased its stake in Vertiv by 1.3% in the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock valued at $772,000 after buying an additional 80 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its stake in Vertiv by 4.0% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock valued at $285,000 after buying an additional 86 shares during the last quarter. Grandview Asset Management LLC lifted its position in Vertiv by 2.8% during the 2nd quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock worth $454,000 after buying an additional 96 shares in the last quarter. Finally, Ameriflex Group Inc. boosted its stake in shares of Vertiv by 14.9% during the 2nd quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock worth $95,000 after buying an additional 100 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on VRT. TD Cowen lifted their target price on Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Vertiv in a research report on Monday. Deutsche Bank Aktiengesellschaft set a $216.00 price objective on Vertiv and gave the company a “buy” rating in a report on Wednesday, October 15th. The Goldman Sachs Group raised their target price on shares of Vertiv from $182.00 to $204.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Mizuho upped their price target on shares of Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $180.48.

Insider Transactions at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the business’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 transaction of $937,810.48. Following the completion of the sale, the executive vice president owned 4,050 shares in the company, valued at $690,444. The trade was a 57.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.63% of the stock is owned by company insiders.

Vertiv Trading Up 2.1%

Shares of Vertiv stock opened at $182.07 on Thursday. 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 business has a fifty day simple moving average of $176.74 and a two-hundred day simple moving average of $145.34. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $202.45. The company has a market capitalization of $69.61 billion, a price-to-earnings ratio of 68.71, a P/E/G ratio of 1.43 and a beta of 2.03.

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. Research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be issued a $0.0625 dividend. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $0.25 annualized dividend and a yield of 0.1%. This is an increase from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s payout ratio is currently 9.43%.

Vertiv 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.