Hood River Capital Management LLC Invests $8.69 Million in Vertiv Holdings Co. $VRT

Hood River Capital Management LLC bought a new stake in Vertiv Holdings Co. (NYSE:VRT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 67,652 shares of the company’s stock, valued at approximately $8,687,000.

A number of other institutional investors have also added to or reduced their stakes in the company. SouthState Corp acquired a new stake in Vertiv in the first quarter valued at approximately $27,000. Avion Wealth raised its position in shares of Vertiv by 99.1% during the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after purchasing an additional 106 shares during the period. OLD Point Trust & Financial Services N A bought a new position in shares of Vertiv in the 2nd quarter worth $32,000. Banque Transatlantique SA acquired a new stake in Vertiv in the 1st quarter valued at $33,000. Finally, DiNuzzo Private Wealth Inc. increased its stake in Vertiv by 780.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after purchasing an additional 234 shares in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Vertiv

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of Vertiv stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the sale, the executive vice president owned 4,050 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through this link. Company insiders own 5.01% of the company’s stock.

Wall Street Analyst Weigh In

VRT has been the topic of a number of recent research reports. Evercore ISI raised their price objective on shares of Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Monday, October 20th. Weiss Ratings restated a “buy (b)” rating on shares of Vertiv in a report on Monday, December 1st. Oppenheimer raised their price target on shares of Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group set a $182.00 price objective on Vertiv in a report on Thursday, October 23rd. Finally, Redburn Atlantic raised Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $179.43.

Vertiv Stock Performance

Shares of VRT opened at $185.25 on Tuesday. The stock has a 50 day moving average of $175.78 and a 200 day moving average of $144.56. The company has a market capitalization of $70.83 billion, a price-to-earnings ratio of 69.90, a PEG ratio of 1.53 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 posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter in the previous year, the firm earned $0.76 earnings per share. The business’s 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, sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be given a dividend of $0.0625 per share. The ex-dividend date is Tuesday, November 25th. This is an increase from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 9.43%.

About Vertiv

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.