Federated Hermes Inc. Sells 1,016,917 Shares of Vertiv Holdings Co. $VRT

Federated Hermes Inc. cut its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 90.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,119 shares of the company’s stock after selling 1,016,917 shares during the period. Federated Hermes Inc.’s holdings in Vertiv were worth $13,627,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VRT. National Bank of Canada FI boosted its holdings in Vertiv by 29.9% in the 1st quarter. National Bank of Canada FI now owns 12,651 shares of the company’s stock valued at $913,000 after purchasing an additional 2,911 shares during the period. Townsquare Capital LLC raised its position in shares of Vertiv by 102.7% in the first quarter. Townsquare Capital LLC now owns 12,487 shares of the company’s stock worth $902,000 after buying an additional 6,327 shares in the last quarter. Benjamin Edwards Inc. boosted its stake in Vertiv by 203.3% during the first quarter. Benjamin Edwards Inc. now owns 7,758 shares of the company’s stock valued at $560,000 after buying an additional 5,200 shares during the period. Nuveen LLC purchased a new position in Vertiv during the first quarter worth about $77,820,000. Finally, SouthState Corp bought a new position in Vertiv in the 1st quarter worth about $27,000. 89.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Evercore ISI lifted their price target on Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Cfra Research upgraded shares of Vertiv to a “moderate buy” rating in a research report on Tuesday, October 7th. Rothschild Redb raised shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. Oppenheimer raised their price objective on shares of Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Finally, Mizuho upped their target price 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 given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and an average target price of $180.48.

Vertiv Stock Performance

Vertiv stock opened at $182.07 on Thursday. The firm has a fifty day simple moving average of $176.74 and a two-hundred day simple moving average of $145.34. 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 twelve month low of $53.60 and a twelve month high of $202.45. The company has a market capitalization of $69.61 billion, a PE 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, topping the consensus estimate of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter in the previous year, the business earned $0.76 earnings per share. The company’s quarterly revenue was up 29.0% on a year-over-year basis. 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 expect 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 given a $0.0625 dividend. The ex-dividend date is Tuesday, November 25th. This is an increase from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 9.43%.

Insider Buying and Selling at Vertiv

In other news, 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 value of $937,810.48. Following the transaction, the executive vice president owned 4,050 shares in the company, valued at approximately $690,444. This trade represents a 57.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.63% of the company’s stock.

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.