New Millennium Group LLC Purchases New Holdings in Vertiv Holdings Co. $VRT

New Millennium Group LLC acquired a new position in shares of Vertiv Holdings Co. (NYSE:VRT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,492 shares of the company’s stock, valued at approximately $527,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Financial Management Professionals Inc. raised its stake in Vertiv by 1,560.0% in the third quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock valued at $25,000 after purchasing an additional 156 shares in the last quarter. Promus Capital LLC bought a new position in Vertiv in the 2nd quarter valued at about $26,000. Pacer Advisors Inc. raised its position in shares of Vertiv by 67.6% in the 3rd quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock valued at $26,000 after buying an additional 69 shares in the last quarter. Avion Wealth raised its position in shares of Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after buying an additional 106 shares in the last quarter. Finally, True Wealth Design LLC lifted its holdings in shares of Vertiv by 54.0% during the 3rd quarter. True Wealth Design LLC now owns 194 shares of the company’s stock worth $29,000 after acquiring an additional 68 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Stock Down 0.1%

Shares of NYSE VRT opened at $242.96 on Friday. The company has a 50 day simple moving average of $183.65 and a 200 day simple moving average of $166.82. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.55 and a quick ratio of 1.43. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $255.54. The firm has a market cap of $92.89 billion, a PE ratio of 71.25, a price-to-earnings-growth ratio of 1.22 and a beta of 2.08.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, February 11th. The company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.07. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.89 billion. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. The company’s revenue for the quarter was up 22.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.99 EPS. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. On average, research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

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 stock was sold at an average price of $170.48, for a total transaction of $937,810.48. Following the transaction, the executive vice president directly owned 4,050 shares of the company’s stock, valued at approximately $690,444. The trade was a 57.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.63% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Citigroup lifted their price objective on shares of Vertiv from $220.00 to $286.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. UBS Group boosted their price target on Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Royal Bank Of Canada raised their price objective on Vertiv from $200.00 to $266.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. KGI Securities upgraded shares of Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $285.00 price target on shares of Vertiv in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and a consensus target price of $230.28.

Vertiv Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.