Vertiv Holdings Co. $VRT Shares Acquired by Quaero Capital S.A.

Quaero Capital S.A. lifted its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 10.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 16,781 shares of the company’s stock after acquiring an additional 1,530 shares during the period. Vertiv makes up approximately 2.7% of Quaero Capital S.A.’s investment portfolio, making the stock its 8th largest position. Quaero Capital S.A.’s holdings in Vertiv were worth $2,155,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in VRT. Presidio Capital Management LLC raised its position in Vertiv by 1.3% during the second quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock worth $772,000 after acquiring an additional 80 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its position in shares of Vertiv by 4.0% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock worth $285,000 after purchasing an additional 86 shares during the last quarter. Grandview Asset Management LLC raised its position in shares of Vertiv by 2.8% during the 2nd quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock worth $454,000 after purchasing an additional 96 shares during the last quarter. Ameriflex Group Inc. raised its position in shares of Vertiv by 14.9% during the 2nd quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock worth $95,000 after purchasing an additional 100 shares during the last quarter. Finally, Avion Wealth raised its position in shares of Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after purchasing an additional 106 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Insider Transactions at Vertiv

In other Vertiv 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 completion of the sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the company’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 sale, the director owned 133,333 shares of the company’s stock, valued at $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 ninety days, insiders have sold 180,952 shares of company stock valued at $23,360,571. Insiders own 2.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Evercore ISI boosted their price target on Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. Glj Research assumed coverage on shares of Vertiv in a research note on Tuesday, August 19th. They issued a “sell” rating and a $112.00 target price for the company. Oppenheimer boosted their target price on shares of Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. KGI Securities raised shares of Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. Finally, TD Cowen boosted their price objective on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $177.81.

Vertiv Trading Up 5.4%

NYSE VRT opened at $190.50 on Thursday. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $202.45. The company has a 50-day moving average of $157.38 and a 200-day moving average of $131.21. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. The company has a market cap of $72.84 billion, a P/E ratio of 71.89, a P/E/G ratio of 1.47 and a beta of 1.87.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS 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 firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same quarter in the prior year, the business posted $0.76 earnings per share. Vertiv’s revenue for the quarter 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. As a group, equities analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

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

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.