Aberdeen Group plc Raises Position in Vertiv Holdings Co. $VRT

Aberdeen Group plc lifted its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 5.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 229,813 shares of the company’s stock after buying an additional 12,221 shares during the quarter. Aberdeen Group plc’s holdings in Vertiv were worth $29,599,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. boosted its holdings in Vertiv by 780.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after buying an additional 234 shares during the period. Garde Capital Inc. boosted its holdings in Vertiv by 1,886.7% in the 2nd quarter. Garde Capital Inc. now owns 298 shares of the company’s stock valued at $38,000 after purchasing an additional 283 shares during the period. GW&K Investment Management LLC bought a new position in Vertiv in the 1st quarter valued at $26,000. SouthState Corp bought a new position in Vertiv in the 1st quarter valued at $27,000. Finally, North Star Investment Management Corp. boosted its holdings in Vertiv by 4,120.0% in the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock valued at $30,000 after purchasing an additional 412 shares during the period. 89.92% of the stock is owned by institutional investors.

Insider Activity at Vertiv

In related news, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the sale, the director owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the transaction, the insider directly owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock worth $23,360,571 over the last 90 days. 5.01% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. JPMorgan Chase & Co. lifted their target price on shares of Vertiv from $127.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. William Blair began coverage on shares of Vertiv in a report on Monday, July 28th. They issued an “outperform” rating on the stock. Royal Bank Of Canada upped their target price on shares of Vertiv from $143.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, Bank of America upped their target price on shares of Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $149.84.

Vertiv Stock Up 0.1%

Shares of VRT opened at $169.09 on Monday. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The firm has a fifty day moving average price of $139.45 and a 200-day moving average price of $116.89. The firm has a market capitalization of $64.57 billion, a P/E ratio of 80.90, a P/E/G ratio of 1.48 and a beta of 1.84. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $183.11.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the firm earned $0.67 earnings per share. The company’s quarterly revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a dividend of $0.0375 per share. The ex-dividend date was Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 7.18%.

About Vertiv

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.