N.E.W. Advisory Services LLC Decreases Stake in Vertiv Holdings Co. $VRT

N.E.W. Advisory Services LLC cut its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 76.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,786 shares of the company’s stock after selling 5,816 shares during the period. N.E.W. Advisory Services LLC’s holdings in Vertiv were worth $229,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. HighTower Advisors LLC boosted its holdings in shares of Vertiv by 18.3% during the 1st quarter. HighTower Advisors LLC now owns 50,650 shares of the company’s stock valued at $3,657,000 after acquiring an additional 7,834 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Vertiv by 6.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company’s stock worth $205,085,000 after purchasing an additional 182,937 shares during the last quarter. Aberdeen Group plc boosted its holdings in Vertiv by 173.6% in the first quarter. Aberdeen Group plc now owns 217,592 shares of the company’s stock worth $15,419,000 after purchasing an additional 138,049 shares during the last quarter. Affinity Investment Advisors LLC grew its position in Vertiv by 19.2% in the 1st quarter. Affinity Investment Advisors LLC now owns 3,076 shares of the company’s stock worth $222,000 after purchasing an additional 496 shares during the period. Finally, Brooklyn Investment Group raised its stake in Vertiv by 166.2% during the 1st quarter. Brooklyn Investment Group now owns 1,307 shares of the company’s stock valued at $94,000 after buying an additional 816 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Trading Down 9.8%

Shares of NYSE:VRT opened at $161.14 on Monday. The stock has a 50 day moving average of $177.10 and a 200 day moving average of $146.48. The company has a market cap of $61.61 billion, a PE ratio of 60.81, a price-to-earnings-growth ratio of 1.30 and a beta of 2.03. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $202.45. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The firm’s revenue was up 29.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, equities research analysts expect 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 paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Tuesday, November 25th. This is a boost from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio (DPR) is currently 9.43%.

Insider Buying and Selling

In other news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the transaction, the executive vice president directly owned 4,050 shares in the company, valued at $690,444. The trade was a 57.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.01% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on VRT shares. Rothschild Redb upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Cowen restated a “buy” rating and set a $211.00 price target on shares of Vertiv in a research note on Monday, December 1st. Citigroup upped their price target on shares of Vertiv from $198.00 to $220.00 and gave the company a “buy” rating in a research report on Monday, December 8th. KGI Securities raised shares of Vertiv from a “hold” rating to an “outperform” rating in a report on Thursday, October 23rd. Finally, Evercore ISI upped their target price on shares of Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average target price of $180.48.

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.