Vega Investment Solutions Sells 2,678 Shares of Vertiv Holdings Co. $VRT

Vega Investment Solutions reduced its position in Vertiv Holdings Co. (NYSE:VRT) by 13.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 17,312 shares of the company’s stock after selling 2,678 shares during the period. Vertiv makes up approximately 0.5% of Vega Investment Solutions’ holdings, making the stock its 24th largest holding. Vega Investment Solutions’ holdings in Vertiv were worth $2,223,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. FengHe Fund Management Pte. Ltd. purchased a new stake in shares of Vertiv during the 1st quarter valued at approximately $33,389,000. Nordea Investment Management AB raised its holdings in Vertiv by 100.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after acquiring an additional 1,624,456 shares during the period. Fox Run Management L.L.C. lifted its position in shares of Vertiv by 449.9% during the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock worth $1,556,000 after acquiring an additional 17,627 shares in the last quarter. iA Global Asset Management Inc. boosted its holdings in shares of Vertiv by 130.2% in the second quarter. iA Global Asset Management Inc. now owns 9,147 shares of the company’s stock worth $1,175,000 after acquiring an additional 5,173 shares during the period. Finally, Westpac Banking Corp grew its position in shares of Vertiv by 100.2% in the second quarter. Westpac Banking Corp now owns 12,812 shares of the company’s stock valued at $1,645,000 after purchasing an additional 6,411 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

Shares of VRT opened at $188.79 on Monday. 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. The company has a market cap of $72.18 billion, a PE ratio of 71.24, a price-to-earnings-growth ratio of 1.53 and a beta of 2.03. The stock has a 50-day moving average price of $174.94 and a 200-day moving average price of $143.99.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same period last year, the firm posted $0.76 earnings per share. Vertiv’s quarterly revenue was up 29.0% on a year-over-year basis. 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 analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. This is an increase from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s payout ratio is presently 9.43%.

Insider Transactions at Vertiv

In related news, EVP Stephen Liang sold 5,501 shares of the stock in a transaction on 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 owned 4,050 shares of the company’s stock, valued at $690,444. This represents a 57.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. KGI Securities upgraded Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. Cowen reiterated a “buy” rating and set a $211.00 price target on shares of Vertiv in a research report on Monday, December 1st. UBS Group increased their price target on shares of Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. Finally, JPMorgan Chase & Co. upped their target price on shares of Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $178.38.

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.