HighTower Advisors LLC Acquires 2,168 Shares of Vertiv Holdings Co. $VRT

HighTower Advisors LLC boosted its stake in Vertiv Holdings Co. (NYSE:VRT) by 1.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 129,978 shares of the company’s stock after purchasing an additional 2,168 shares during the quarter. HighTower Advisors LLC’s holdings in Vertiv were worth $43,519,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Empowered Funds LLC boosted its stake in shares of Vertiv by 25.9% during the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after purchasing an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Vertiv in the second quarter worth about $567,000. Cary Street Partners Financial LLC raised its stake in Vertiv by 19.8% in the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after buying an additional 230 shares in the last quarter. Bank of Nova Scotia lifted its holdings in Vertiv by 49.7% in the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after buying an additional 9,712 shares during the period. Finally, Ossiam bought a new stake in Vertiv during the 2nd quarter valued at approximately $50,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Edward Monser sold 15,287 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the transaction, the director directly owned 16,500 shares of the company’s stock, valued at $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.

Vertiv Stock Up 0.1%

Shares of NYSE:VRT opened at $280.76 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The stock has a fifty day simple moving average of $282.18 and a two-hundred day simple moving average of $291.47. Vertiv Holdings Co. has a 12-month low of $118.70 and a 12-month high of $379.93. The stock has a market capitalization of $108.09 billion, a price-to-earnings ratio of 63.52, a PEG ratio of 1.15 and a beta of 2.07.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the prior year, the firm posted $0.95 EPS. Vertiv’s revenue for the quarter was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, research analysts anticipate that Vertiv Holdings Co. will post 6.72 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Monday, September 14th will be paid a $0.0625 dividend. The ex-dividend date is Monday, September 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is currently 5.66%.

Wall Street Analyst Weigh In

VRT has been the subject of a number of research analyst reports. Sanford C. Bernstein restated an “outperform” rating and issued a $368.00 target price on shares of Vertiv in a research note on Friday, July 31st. Glj Research raised Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price target on the stock in a research note on Friday, August 7th. UBS Group reiterated a “buy” rating and issued a $370.00 price objective on shares of Vertiv in a report on Thursday, July 30th. Weiss Ratings lowered Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Finally, Royal Bank Of Canada dropped their target price on shares of Vertiv from $418.00 to $337.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $357.83.

Vertiv Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.