Maryland State Retirement & Pension System Acquires 2,999 Shares of Vertiv Holdings Co. $VRT

Maryland State Retirement & Pension System boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 14.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,436 shares of the company’s stock after acquiring an additional 2,999 shares during the period. Maryland State Retirement & Pension System’s holdings in Vertiv were worth $5,655,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Cornerstone Planning Group LLC boosted its holdings in shares of Vertiv by 60.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock worth $33,000 after purchasing an additional 49 shares during the last quarter. Burkett Financial Services LLC purchased a new stake in shares of Vertiv in the third quarter valued at approximately $35,000. GoalVest Advisory LLC increased its holdings in shares of Vertiv by 87.3% in the second quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock valued at $50,000 after purchasing an additional 69 shares during the last quarter. Ravenstone Capital Management Inc. acquired a new stake in shares of Vertiv in the first quarter valued at approximately $40,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in Vertiv during the first quarter worth approximately $41,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Insider Activity

In related news, Director Edward Monser sold 15,287 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the sale, the director directly owned 16,500 shares in the company, valued at approximately $4,188,030. The trade was a 48.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Recent Vertiv Headlines

These are some of the VRT headlines that stood out recently:

• Positive Sentiment: Vertiv unveiled the PowerNexus MV UPS, an outdoor-rated medium-voltage system designed to help AI data centers connect to the grid faster, protect power supply, and preserve indoor space for computing equipment. The system targets hyperscale, colocation, and neocloud operators; Vertiv also plans a dedicated laboratory to advance the technology. The launch reinforces its exposure to AI infrastructure demand, although the announcement does not specify near-term revenue impact. Article: Vertiv Introduces Medium-Voltage Power System
• Neutral Sentiment: JPMorgan initiated coverage with a Neutral rating and a $240 price target. The target indicates potential upside from the cited share price, but the rating signals a more measured view than Bernstein’s Buy call. Article: JPMorgan Initiates Coverage of Vertiv
• Negative Sentiment: Some investor commentary remains cautious, pointing to Vertiv’s sharp chart decline and arguing that investors may want to wait for a lower entry price. That concern could temper enthusiasm even as the company’s operating growth remains strong. Article: Vertiv—Good Quarter, Crushed Chart

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. The Goldman Sachs Group lowered their price objective on Vertiv from $352.00 to $301.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Jefferies Financial Group cut their target price on Vertiv from $320.00 to $245.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. BNP Paribas Exane reduced their price target on Vertiv from $380.00 to $365.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. Robert W. Baird set a $320.00 price target on shares of Vertiv and gave the company an “outperform” rating in a research report on Thursday, July 30th. Finally, KeyCorp lowered their price target on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $333.70.

Vertiv Trading Up 1.6%

Shares of Vertiv stock opened at $209.78 on Friday. The stock has a 50 day moving average of $232.64 and a 200 day moving average of $270.17. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.01 and a current ratio of 1.39. The firm has a market capitalization of $80.78 billion, a price-to-earnings ratio of 39.21, a PEG ratio of 0.66 and a beta of 2.11. Vertiv Holdings Co. has a fifty-two week low of $147.82 and a fifty-two week high of $379.93.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.39. Vertiv had a return on equity of 53.31% and a net margin of 15.99%. The company had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter in the previous year, the business earned $1.24 earnings per share. The company’s revenue for the quarter was up 61.2% on a year-over-year basis. As a group, research analysts predict that Vertiv Holdings Co. will post 7.17 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 14th. Vertiv’s dividend payout ratio (DPR) is presently 4.67%.

Vertiv Profile

Vertiv Holdings Co. (NYSE: VRT) designs, manufactures and services critical digital infrastructure used by data centers, communications networks and commercial and industrial facilities. Its offerings help customers maintain reliable power, cooling and operating conditions for technology systems. The company’s products and solutions include uninterruptible power supplies, power distribution equipment, thermal management systems, racks, integrated modular infrastructure, and monitoring and control software.