Vertiv Holdings Co. $VRT Shares Bought by Sei Investments Co.

Sei Investments Co. raised its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 184.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,159,394 shares of the company’s stock after acquiring an additional 751,923 shares during the quarter. Sei Investments Co. owned approximately 0.30% of Vertiv worth $148,878,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in VRT. Avion Wealth boosted its holdings in Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after purchasing an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A acquired a new stake in Vertiv during the second quarter worth approximately $32,000. DiNuzzo Private Wealth Inc. lifted its position in shares of Vertiv by 780.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after buying an additional 234 shares during the last quarter. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Vertiv in the 2nd quarter valued at $37,000. Finally, Garde Capital Inc. grew its position in shares of Vertiv by 1,886.7% in the 2nd quarter. Garde Capital Inc. now owns 298 shares of the company’s stock valued at $38,000 after buying an additional 283 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. TD Cowen upped their price objective on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Evercore ISI upped their target price on Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Mizuho lifted their price target on Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Finally, Rothschild Redb upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $180.48.

Insider Activity at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the sale, the executive vice president owned 4,050 shares in the company, valued at approximately $690,444. This trade represents a 57.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.63% of the company’s stock.

Vertiv Stock Up 2.1%

VRT opened at $182.07 on Thursday. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $202.45. The business has a 50 day moving average price of $176.74 and a two-hundred day moving average price of $145.34. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. The company has a market cap of $69.61 billion, a PE ratio of 68.71, a P/E/G ratio of 1.43 and a beta of 2.03.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $2.59 billion. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was up 29.0% compared to the same quarter last year. 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, research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

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

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.