Mizuho Securities Co. Ltd. Purchases 5,270 Shares of Vertiv Holdings Co. $VRT

Mizuho Securities Co. Ltd. boosted its position in Vertiv Holdings Co. (NYSE:VRT) by 878.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,870 shares of the company’s stock after purchasing an additional 5,270 shares during the period. Vertiv accounts for about 2.7% of Mizuho Securities Co. Ltd.’s portfolio, making the stock its 11th biggest holding. Mizuho Securities Co. Ltd.’s holdings in Vertiv were worth $754,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VRT. GW&K Investment Management LLC bought a new position in Vertiv in the 1st quarter valued at approximately $26,000. SouthState Corp acquired a new position in Vertiv in the 1st quarter valued at approximately $27,000. Avion Wealth raised its stake 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 acquiring an additional 106 shares during the last quarter. OLD Point Trust & Financial Services N A acquired a new position in shares of Vertiv during the second quarter worth $32,000. Finally, Banque Transatlantique SA bought a new stake in shares of Vertiv in the first quarter worth $33,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Price Performance

Vertiv stock opened at $171.12 on Thursday. The stock has a market capitalization of $65.43 billion, a price-to-earnings ratio of 64.57, a PEG ratio of 1.34 and a beta of 1.87. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $202.45. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. The stock’s 50 day moving average price is $166.72 and its two-hundred day moving average price is $137.55.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. Vertiv’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, equities analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current 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 given a dividend of $0.0625 per share. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is currently 4.15%.

Insider Activity

In other news, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was 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 in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 139,298 shares of company stock worth $17,770,188 in the last three months. Company insiders own 2.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on VRT. UBS Group upped their price target on Vertiv from $173.00 to $201.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Evercore ISI lifted their price objective on Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. Rothschild & Co Redburn assumed coverage on Vertiv in a report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 target price on the stock. Cowen set a $210.00 price target on shares of Vertiv in a report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $177.81.

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.