Asahi Life Asset Management CO. LTD. Makes New $431,000 Investment in Vertiv Holdings Co. $VRT

Asahi Life Asset Management CO. LTD. acquired a new position in Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,355 shares of the company’s stock, valued at approximately $431,000.

Several other hedge funds have also bought and sold shares of VRT. EFG Asset Management North America Corp. raised its stake in shares of Vertiv by 23.1% during the 2nd quarter. EFG Asset Management North America Corp. now owns 88,108 shares of the company’s stock worth $11,307,000 after buying an additional 16,546 shares during the period. Simmons Bank acquired a new position in shares of Vertiv during the 2nd quarter worth approximately $204,000. GPS Wealth Strategies Group LLC raised its stake in shares of Vertiv by 11.4% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 36,021 shares of the company’s stock worth $4,625,000 after buying an additional 3,695 shares during the period. Ring Mountain Capital LLC raised its stake in shares of Vertiv by 4.7% during the 2nd quarter. Ring Mountain Capital LLC now owns 8,114 shares of the company’s stock worth $1,047,000 after buying an additional 364 shares during the period. Finally, Ellevest Inc. acquired a new position in shares of Vertiv during the 2nd quarter worth approximately $365,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VRT. Wolfe Research reaffirmed an “outperform” rating and set a $155.00 target price on shares of Vertiv in a research note on Thursday, July 10th. Mizuho upped their target price on Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft set a $216.00 target price on Vertiv and gave the stock a “buy” rating in a research note on Wednesday, October 15th. The Goldman Sachs Group set a $182.00 target price on Vertiv in a research note on Thursday, October 23rd. Finally, Weiss Ratings raised Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Stock Up 5.4%

Shares of VRT opened at $190.50 on Thursday. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $202.45. The company has a market capitalization of $72.84 billion, a PE ratio of 71.89, a price-to-earnings-growth ratio of 1.47 and a beta of 1.87. The stock has a fifty day simple moving average of $157.38 and a two-hundred day simple moving average of $131.21. 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 (NYSE:VRT) last issued 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. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same period last year, the company earned $0.76 EPS. The company’s revenue for the quarter was up 29.0% on a year-over-year basis. 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 forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The firm also recently declared 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. The ex-dividend date was Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is currently 5.66%.

Insiders Place Their Bets

In other news, Director Steven Reinemund sold 100,000 shares of the stock in a transaction on Tuesday, August 26th. The stock was 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 directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the transaction, the insider owned 18,848 shares of the company’s stock, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is owned by company insiders.

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.