Stanley Laman Group Ltd. bought a new position in Vertiv Holdings Co. (NYSE:VRT – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,313 shares of the company’s stock, valued at approximately $500,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Vertiv during the 2nd quarter worth approximately $538,132,000. Winslow Capital Management LLC acquired a new stake in Vertiv in the second quarter worth $459,284,000. Nordea Investment Management AB grew its holdings in Vertiv by 100.1% in the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after purchasing an additional 1,624,456 shares during the period. SG Americas Securities LLC increased its stake in Vertiv by 102.7% in the second quarter. SG Americas Securities LLC now owns 26,837 shares of the company’s stock valued at $3,446,000 after purchasing an additional 1,026,837 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Vertiv by 20.9% during the second quarter. Invesco Ltd. now owns 5,931,488 shares of the company’s stock valued at $761,662,000 after purchasing an additional 1,024,634 shares during the period. 89.92% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the transaction, the executive vice president directly owned 4,050 shares in the company, valued at approximately $690,444. The trade was 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. Company insiders own 5.01% of the company’s stock.
Analysts Set New Price Targets
Get Our Latest Analysis on VRT
Vertiv Stock Up 8.5%
VRT stock opened at $175.72 on Monday. The firm has a market capitalization of $67.19 billion, a PE ratio of 66.31, a P/E/G ratio of 1.12 and a beta of 2.06. 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 stock’s 50 day moving average is $173.99 and its 200-day moving average is $151.85.
Vertiv (NYSE:VRT – Get Free Report) last released its quarterly 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. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period in the prior year, the firm posted $0.76 EPS. Vertiv’s quarterly revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. Sell-side analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.
Vertiv Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, November 25th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, November 25th. This is an increase 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%. Vertiv’s payout ratio is 9.43%.
Vertiv Company Profile
Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.
The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.
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