Old West Investment Management LLC Has $4.62 Million Holdings in Vertiv Holdings Co. $VRT

Old West Investment Management LLC boosted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 5.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,967 shares of the company’s stock after acquiring an additional 1,962 shares during the quarter. Vertiv accounts for approximately 1.5% of Old West Investment Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Old West Investment Management LLC’s holdings in Vertiv were worth $4,619,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. GW&K Investment Management LLC bought a new position in shares of Vertiv in the first quarter valued at approximately $26,000. SouthState Corp purchased a new stake in Vertiv in the 1st quarter valued at $27,000. Avion Wealth raised its position in Vertiv by 99.1% in the 2nd 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 lifted its stake in Vertiv by 242.0% during the 1st 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 during the 2nd quarter worth $32,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Insider Transactions at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the sale, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This represents a 77.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 139,298 shares of company stock valued at $17,770,188 over the last three months. Company insiders own 2.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on VRT shares. Rothschild & Co Redburn started coverage on shares of Vertiv in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 target price for the company. William Blair started coverage on shares of Vertiv in a report on Monday, July 28th. They set an “outperform” rating on the stock. KGI Securities upgraded shares of Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. Morgan Stanley lifted their target price on shares of Vertiv from $165.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Finally, Bank of America boosted their target price on Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average price target of $177.81.

Vertiv Price Performance

Shares of NYSE:VRT opened at $163.41 on Friday. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $62.48 billion, a PE ratio of 61.66, a P/E/G ratio of 1.41 and a beta of 1.87. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $202.45. The company has a 50-day moving average price of $163.41 and a two-hundred day moving average price of $135.01.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.25. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Equities analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders 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 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is currently 5.66%.

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.