Vertiv Holdings Co. $VRT Shares Bought by Voya Investment Management LLC

Voya Investment Management LLC raised its holdings in Vertiv Holdings Co. (NYSE:VRT) by 75.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,153,998 shares of the company’s stock after purchasing an additional 494,534 shares during the period. Voya Investment Management LLC owned 0.30% of Vertiv worth $174,092,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of VRT. Promus Capital LLC purchased a new stake in Vertiv in the 2nd quarter valued at approximately $26,000. Avion Wealth increased its position in Vertiv by 99.1% during the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after buying an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A acquired a new position in shares of Vertiv in the second quarter worth $32,000. DiNuzzo Private Wealth Inc. lifted its position in shares of Vertiv by 780.0% in the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after acquiring an additional 234 shares in the last quarter. Finally, University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Vertiv in the second quarter valued at $37,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on VRT. Oppenheimer lifted their price objective on Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Mizuho raised their price target on shares of Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Morgan Stanley boosted their price objective on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Roth Capital reissued a “buy” rating and set a $195.00 price objective (up previously from $162.00) on shares of Vertiv in a research note on Tuesday, October 21st. Finally, Barclays restated a “neutral” rating and set a $181.00 target price on shares of Vertiv in a research report on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.48.

Insider Activity at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of Vertiv stock in a transaction dated 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 directly owned 4,050 shares of the company’s stock, valued at $690,444. The trade was a 57.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 2.63% of the stock is currently owned by company insiders.

Vertiv Stock Performance

NYSE:VRT opened at $154.27 on Friday. The company has a market cap of $58.98 billion, a P/E ratio of 58.22, a P/E/G ratio of 1.20 and a beta of 2.03. The firm’s 50 day moving average is $176.46 and its two-hundred day moving average is $147.29. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.25. The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The business’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. Analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th were paid a dividend of $0.0625 per share. This is a boost from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, November 25th. 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.