Vertiv Holdings Co. $VRT Stock Sold by Sigma Planning Corp

Sigma Planning Corp reduced its stake in Vertiv Holdings Co. (NYSE:VRT) by 48.8% during the third quarter, HoldingsChannel reports. The fund owned 10,592 shares of the company’s stock after selling 10,097 shares during the period. Sigma Planning Corp’s holdings in Vertiv were worth $2,553,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Perpetual Ltd raised its holdings in Vertiv by 6,110.5% in the third quarter. Perpetual Ltd now owns 114,397 shares of the company’s stock worth $27,605,000 after buying an additional 112,555 shares during the last quarter. NFSG Corp lifted its position in Vertiv by 325.4% in the 3rd quarter. NFSG Corp now owns 8,984 shares of the company’s stock valued at $2,168,000 after acquiring an additional 6,872 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Vertiv by 536.3% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 76,358 shares of the company’s stock valued at $19,134,000 after acquiring an additional 64,358 shares in the last quarter. N10 Wealth LLC boosted its stake in Vertiv by 34.2% during the 3rd quarter. N10 Wealth LLC now owns 80,798 shares of the company’s stock valued at $19,497,000 after purchasing an additional 20,604 shares during the last quarter. Finally, LDR Capital Management LLC boosted its stake in Vertiv by 111.5% during the 3rd quarter. LDR Capital Management LLC now owns 13,749 shares of the company’s stock valued at $3,318,000 after purchasing an additional 7,248 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Insider Activity at Vertiv

In other Vertiv news, Director Edward Monser sold 15,287 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the transaction, the director owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Wall Street Zen cut Vertiv from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Bank of America reduced their price objective on Vertiv from $440.00 to $375.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Roth Capital reiterated a “buy” rating on shares of Vertiv in a report on Tuesday, October 20th. UBS Group reissued a “buy” rating and issued a $370.00 target price on shares of Vertiv in a research report on Thursday, July 30th. Finally, Glj Research began coverage on shares of Vertiv in a research note on Tuesday, October 6th. They set a “sell” rating and a $188.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $335.67.

Vertiv Stock Up 4.4%

NYSE:VRT opened at $208.58 on Wednesday. Vertiv Holdings Co. has a 12 month low of $147.82 and a 12 month high of $379.93. The company has a 50 day simple moving average of $244.16 and a two-hundred day simple moving average of $267.83.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.95 earnings per share. As a group, equities analysts forecast that Vertiv Holdings Co. will post 6.71 earnings per share for the current year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%.

Trending Headlines about Vertiv

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: AI infrastructure expansion: Vertiv introduced its SmartIT platform, a factory-validated solution combining rack infrastructure, power distribution, direct-to-chip liquid cooling and monitoring. Its compatibility with NVIDIA architectures could shorten deployment timelines and support demand from enterprises, research institutions, colocation providers and hyperscalers. Vertiv Simplifies High-Density AI Infrastructure Deployment Across Data Center Environments
• Positive Sentiment: Partnership and market-share opportunity: Collaborations with NVIDIA and SmartIT deployments strengthen Vertiv’s position in high-density AI data centers as customers seek integrated power and cooling solutions. Strong Americas demand, manufacturing expansion and liquid-cooling adoption are also expected to support third-quarter growth. Vertiv Expands AI Data Center Footprint
• Positive Sentiment: Broader power capabilities: Vertiv completed its approximately $1.45 billion acquisition of UtilityInnovation Group, adding microgrid controls, onsite-generation orchestration, specialized switchgear and behind-the-meter power technology. The deal expands Vertiv’s opportunity in power-constrained data centers and extends its offering from grid interconnection to the chip. Vertiv Completes Acquisition of UtilityInnovation Group
• Neutral Sentiment: Earnings are the next major catalyst: Analysts expect AI infrastructure demand and margin expansion to drive results, but investors will focus on bookings, guidance and whether growth can justify the company’s elevated valuation. Results from other data-center companies may also influence sentiment toward VRT and the broader AI buildout. Vertiv to Report Q3 Earnings
• Negative Sentiment: Execution and valuation risks: Vertiv faces competition from American Power (APH) and Super Micro Computer (SMCI), while the UIG acquisition includes up to $1.15 billion in contingent payments. With the stock trading at a high earnings multiple and below its longer-term moving averages, any earnings or guidance disappointment could pressure shares.

About Vertiv

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company’s offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.