Vertiv Holdings Co. $VRT Shares Sold by Opinicus Capital Inc.

Opinicus Capital Inc. cut its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 39.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 4,405 shares of the company’s stock after selling 2,877 shares during the period. Opinicus Capital Inc.’s holdings in Vertiv were worth $566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in VRT. CWM LLC boosted its position in Vertiv by 18.3% during the first quarter. CWM LLC now owns 30,210 shares of the company’s stock worth $2,181,000 after purchasing an additional 4,682 shares in the last quarter. Edgestream Partners L.P. acquired a new position in Vertiv during the first quarter worth approximately $1,000,000. Wealthfront Advisers LLC raised its position in shares of Vertiv by 25.0% in the 1st quarter. Wealthfront Advisers LLC now owns 45,339 shares of the company’s stock worth $3,273,000 after buying an additional 9,057 shares during the period. Larson Financial Group LLC grew its holdings in shares of Vertiv by 114.3% during the 1st quarter. Larson Financial Group LLC now owns 2,347 shares of the company’s stock worth $169,000 after purchasing an additional 1,252 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in shares of Vertiv by 29.1% during the 1st quarter. Victory Capital Management Inc. now owns 830,211 shares of the company’s stock valued at $59,941,000 after acquiring an additional 187,235 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction 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 sale, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the transaction, the director 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 disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 139,298 shares of company stock worth $17,770,188. 2.63% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on VRT shares. William Blair initiated coverage on shares of Vertiv in a research report on Monday, July 28th. They issued an “outperform” rating for the company. KGI Securities upgraded shares of Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. Roth Capital reaffirmed a “buy” rating and issued a $195.00 target price (up from $162.00) on shares of Vertiv in a research report on Tuesday, October 21st. Royal Bank Of Canada increased their price objective on Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Finally, Rothschild Redb upgraded Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Two investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Vertiv Trading Up 4.3%

Shares of VRT stock opened at $170.66 on Friday. The company has a market cap of $65.25 billion, a PE ratio of 64.40, a price-to-earnings-growth ratio of 1.33 and a beta of 1.87. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $202.45. The business’s 50 day moving average is $164.34 and its two-hundred day moving average is $135.59.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The business 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%. Vertiv’s 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 predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be issued a $0.0625 dividend. 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 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is presently 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.