Vertiv Holdings Co. $VRT Stock: Lido Advisors LLC Grows Stake

Lido Advisors LLC grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 48.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 32,133 shares of the company’s stock after purchasing an additional 10,456 shares during the quarter. Lido Advisors LLC’s holdings in Vertiv were worth $7,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VRT. State Street Corp boosted its holdings in shares of Vertiv by 4.5% in the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock worth $5,535,087,000 after buying an additional 704,970 shares during the last quarter. Wellington Management Group LLP grew its position in Vertiv by 14.1% during the second quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after buying an additional 468,380 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Vertiv by 1.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock valued at $678,890,000 after buying an additional 51,328 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Vertiv by 33.7% during the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock valued at $604,059,000 after buying an additional 608,176 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in Vertiv by 1.1% during the second quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock valued at $716,169,000 after buying an additional 23,444 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Insider Activity

In other news, Director Edward Monser sold 15,287 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the completion of the sale, the director directly owned 16,500 shares of the company’s stock, valued at $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by company insiders.

Vertiv Trading Up 1.6%

Shares of NYSE:VRT opened at $209.78 on Friday. The stock has a 50 day moving average of $232.64 and a 200 day moving average of $270.17. The company has a market cap of $80.78 billion, a PE ratio of 32.99, a price-to-earnings-growth ratio of 0.66 and a beta of 2.11. Vertiv Holdings Co. has a 12-month low of $147.82 and a 12-month high of $379.93. The company has a current ratio of 1.39, a quick ratio of 1.01 and a debt-to-equity ratio of 0.53.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.39. Vertiv had a net margin of 15.99% and a return on equity of 53.31%. The company had revenue of $4.31 billion for the quarter, compared to analysts’ expectations of $3.75 billion. During the same quarter last year, the business earned $1.24 EPS. The firm’s revenue was up 61.2% compared to the same quarter last year. As a group, equities research analysts expect that Vertiv Holdings Co. will post 7.17 EPS for the current year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 14th were paid a $0.0625 dividend. 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 4.67%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VRT. BNP Paribas Exane decreased their price target on shares of Vertiv from $380.00 to $365.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. Roth Capital set a $345.00 price objective on shares of Vertiv in a research report on Thursday, October 29th. Royal Bank Of Canada upped their price objective on Vertiv from $323.00 to $351.00 and gave the stock an “outperform” rating in a research note on Thursday, October 29th. Mizuho set a $300.00 target price on Vertiv in a report on Thursday, October 29th. Finally, Weiss Ratings downgraded Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and a consensus price target of $333.70.

Latest Vertiv News

Here’s some of the latest news about VRT:

• Positive Sentiment: Vertiv unveiled the PowerNexus MV UPS, an outdoor-rated medium-voltage system designed to help AI data centers connect to the grid faster, protect power supply, and preserve indoor space for computing equipment. The system targets hyperscale, colocation, and neocloud operators; Vertiv also plans a dedicated laboratory to advance the technology. The launch reinforces its exposure to AI infrastructure demand, although the announcement does not specify near-term revenue impact. Article: Vertiv Introduces Medium-Voltage Power System
• Positive Sentiment: Bernstein assigned Vertiv a Buy rating, adding to favorable commentary on the company’s growth prospects. Recent coverage has highlighted AI data-center demand and strong quarterly performance: revenue rose 61% year over year in the reported quarter, and earnings exceeded consensus estimates. Article: Vertiv Receives a Buy from Bernstein
• Negative Sentiment: Some investor commentary remains cautious, pointing to Vertiv’s sharp chart decline and arguing that investors may want to wait for a lower entry price. That concern could temper enthusiasm even as the company’s operating growth remains strong. Article: Vertiv—Good Quarter, Crushed Chart

Vertiv Company Profile

Vertiv Holdings Co. (NYSE: VRT) designs, manufactures and services critical digital infrastructure used by data centers, communications networks and commercial and industrial facilities. Its offerings help customers maintain reliable power, cooling and operating conditions for technology systems. The company’s products and solutions include uninterruptible power supplies, power distribution equipment, thermal management systems, racks, integrated modular infrastructure, and monitoring and control software.