Bamco Inc. NY Sells 396,003 Shares of Vertiv Holdings Co. $VRT

Bamco Inc. NY cut its holdings in Vertiv Holdings Co. (NYSE:VRT) by 13.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,570,600 shares of the company’s stock after selling 396,003 shares during the period. Vertiv makes up 0.9% of Bamco Inc. NY’s portfolio, making the stock its 22nd largest position. Bamco Inc. NY’s holdings in Vertiv were worth $330,091,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Richard W. Paul & Associates LLC increased its holdings 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 buying an additional 79 shares during the period. 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 worth $772,000 after purchasing an additional 80 shares during the period. Glass Jacobson Investment Advisors llc lifted its position in Vertiv by 4.0% in the second quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock valued at $285,000 after purchasing an additional 86 shares during the last quarter. Grandview Asset Management LLC lifted its position in Vertiv by 2.8% in the second quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock valued at $454,000 after purchasing an additional 96 shares during the last quarter. Finally, Ameriflex Group Inc. boosted its stake in shares of Vertiv by 14.9% during the second quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock valued at $95,000 after purchasing an additional 100 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the sale, the executive vice president owned 4,050 shares in the company, valued at approximately $690,444. The trade was a 57.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.63% of the company’s stock.

Analyst Ratings Changes

VRT has been the topic of several analyst reports. Rothschild & Co Redburn initiated coverage on shares of Vertiv in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 target price on the stock. Rothschild Redb upgraded shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. KGI Securities upgraded shares of Vertiv from a “hold” rating to an “outperform” rating in a report on Thursday, October 23rd. Barclays restated a “neutral” rating and set a $181.00 price target on shares of Vertiv in a report on Thursday, December 4th. Finally, Royal Bank Of Canada increased their price objective on Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $180.48.

Vertiv Price Performance

VRT stock opened at $161.14 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $202.45. The firm has a 50-day moving average of $177.10 and a 200 day moving average of $145.97. The company has a market cap of $61.61 billion, a P/E ratio of 60.81, a PEG ratio of 1.44 and a beta of 2.03.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates 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 prior year, the business earned $0.76 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The company also recently disclosed 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. This represents a $0.25 dividend on an annualized basis and a yield of 0.2%. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. Vertiv’s dividend payout ratio is currently 9.43%.

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.