Westover Capital Advisors LLC Has $955,000 Stake in Vertiv Holdings Co. $VRT

Westover Capital Advisors LLC trimmed its holdings in Vertiv Holdings Co. (NYSE:VRT) by 38.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,435 shares of the company’s stock after selling 4,584 shares during the period. Westover Capital Advisors LLC’s holdings in Vertiv were worth $955,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in VRT. Amundi lifted its stake in shares of Vertiv by 96.8% in the first quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after buying an additional 3,420,144 shares during the last quarter. 1832 Asset Management L.P. lifted its holdings in shares of Vertiv by 985.3% during the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock worth $166,183,000 after buying an additional 2,089,612 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Vertiv by 100.1% in the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after acquiring an additional 1,624,456 shares during the period. Vanguard Group Inc. boosted its position in shares of Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of Vertiv in the first quarter worth $77,820,000. Institutional investors own 89.92% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Mizuho upped their price target on Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a report on Friday, October 17th. William Blair began coverage on Vertiv in a research report on Monday, July 28th. They issued an “outperform” rating for the company. Rothschild Redb raised Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vertiv in a report on Thursday. Finally, UBS Group boosted their target price on shares of Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Insider Activity at Vertiv

In related news, insider Paul Ryan sold 22,218 shares of the company’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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 that occurred 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 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 139,298 shares of company stock valued at $17,770,188. 5.01% of the stock is owned by insiders.

Vertiv Stock Performance

Shares of VRT opened at $166.51 on Tuesday. The firm’s 50 day moving average price is $165.24 and its two-hundred day moving average price is $136.82. The firm has a market cap of $63.66 billion, a P/E ratio of 62.83, a PEG ratio of 1.39 and a beta of 1.87. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $202.45.

Vertiv (NYSE:VRT) last released 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. 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 last year, the business posted $0.76 EPS. The company’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. FY 2025 guidance at 4.070-4.130 EPS. On average, analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio is 5.66%.

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.