TIAA Trust National Association Cuts Stake in Vertiv Holdings Co. $VRT

TIAA Trust National Association cut its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 62.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 54,070 shares of the company’s stock after selling 89,329 shares during the period. TIAA Trust National Association’s holdings in Vertiv were worth $6,943,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. GW&K Investment Management LLC purchased a new stake in Vertiv during the 1st quarter valued at about $26,000. SouthState Corp purchased a new stake in shares of Vertiv during the first quarter valued at approximately $27,000. Avion Wealth grew its holdings in shares of Vertiv by 99.1% during the second quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after buying an additional 106 shares during the last quarter. Sachetta LLC increased its position in shares of Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company’s stock valued at $32,000 after acquiring an additional 317 shares in the last quarter. Finally, OLD Point Trust & Financial Services N A purchased a new position in Vertiv in the 2nd quarter worth approximately $32,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Down 0.6%

Shares of VRT stock opened at $192.55 on Monday. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $202.45. The stock has a market cap of $73.62 billion, a P/E ratio of 72.66, a P/E/G ratio of 1.56 and a beta of 1.87. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The company has a 50 day simple moving average of $153.78 and a two-hundred day simple moving average of $129.20.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter last year, the company posted $0.76 EPS. The company’s 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. FY 2025 guidance at 4.070-4.130 EPS. On average, research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given a $0.0375 dividend. The ex-dividend date was Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Analysts Set New Price Targets

VRT has been the topic of several recent analyst reports. Melius upgraded Vertiv from a “hold” rating to a “buy” rating and set a $165.00 target price on the stock in a research note on Tuesday, July 8th. TD Cowen upped their target price on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Oppenheimer raised their price target on shares of Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Glj Research started coverage on shares of Vertiv in a research note on Tuesday, August 19th. They issued a “sell” rating and a $112.00 price target for the company. Finally, Melius Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating and increased their price objective for the company from $134.00 to $165.00 in a research report on Tuesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Insider Buying and Selling

In related news, insider Paul Ryan sold 22,218 shares of the stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the sale, the insider directly owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the transaction, the director directly owned 4,631 shares in the company, valued at $573,873.52. This represents a 77.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 180,952 shares of company stock worth $23,360,571 over the last ninety days. 5.01% of the stock is owned by corporate insiders.

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.