Vertiv Holdings Co. $VRT Stock: TD Waterhouse Canada Inc. Raises Stake

TD Waterhouse Canada Inc. increased its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 7.2% in the third quarter, Holdings Channel reports. The institutional investor owned 83,501 shares of the company’s stock after acquiring an additional 5,574 shares during the period. TD Waterhouse Canada Inc.’s holdings in Vertiv were worth $20,570,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Wealth Intelligence LLC raised its stake in shares of Vertiv by 3.8% in the third quarter. Wealth Intelligence LLC now owns 2,305 shares of the company’s stock valued at $556,000 after acquiring an additional 84 shares during the period. Shelton Wealth Management LLC lifted its holdings in shares of Vertiv by 16.7% in the 3rd quarter. Shelton Wealth Management LLC now owns 7,891 shares of the company’s stock worth $1,904,000 after acquiring an additional 1,132 shares during the last quarter. Annex Advisory Services LLC lifted its holdings in shares of Vertiv by 18.5% in the 3rd quarter. Annex Advisory Services LLC now owns 157,247 shares of the company’s stock worth $37,945,000 after acquiring an additional 24,496 shares during the last quarter. BostonPremier Wealth LLC boosted its stake in shares of Vertiv by 1.4% during the 3rd quarter. BostonPremier Wealth LLC now owns 4,075 shares of the company’s stock worth $983,000 after purchasing an additional 57 shares during the period. Finally, Cornerstone Enterprises LLC purchased a new position in shares of Vertiv during the 3rd quarter worth about $808,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the transaction, the director owned 16,500 shares in the company, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on VRT shares. Wells Fargo & Company assumed coverage on shares of Vertiv in a report on Thursday, September 24th. They set an “overweight” rating and a $340.00 price target on the stock. Robert W. Baird set a $320.00 price objective on shares of Vertiv and gave the stock an “outperform” rating in a research note on Thursday, July 30th. UBS Group restated a “buy” rating and set a $370.00 target price on shares of Vertiv in a research report on Thursday, July 30th. Glj Research began coverage on Vertiv in a research report on Tuesday, October 6th. They set a “sell” rating and a $188.00 target price for the company. Finally, Weiss Ratings cut Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, August 14th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $335.67.

Get Our Latest Research Report on Vertiv

Vertiv Stock Down 4.0%

Shares of NYSE:VRT opened at $206.07 on Friday. Vertiv Holdings Co. has a 52-week low of $147.82 and a 52-week high of $379.93. The stock has a market cap of $79.34 billion, a P/E ratio of 46.62, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05. The business’s 50 day moving average is $255.71 and its 200 day moving average is $288.75. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%. Vertiv’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period last year, the business posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Sell-side analysts predict that Vertiv Holdings Co. will post 6.73 EPS for the current year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 14th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Vertiv Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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