Asset Management One Co. Ltd. Has $18.02 Million Stake in Vertiv Holdings Co. $VRT

Asset Management One Co. Ltd. lifted its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 4.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 140,317 shares of the company's stock after buying an additional 6,447 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Vertiv were worth $18,018,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of VRT. Perigon Wealth Management LLC grew its position in Vertiv by 8.7% in the 1st quarter. Perigon Wealth Management LLC now owns 25,189 shares of the company's stock valued at $1,819,000 after purchasing an additional 2,023 shares during the period. Western Wealth Management LLC acquired a new stake in Vertiv in the 1st quarter valued at $373,000. PDS Planning Inc acquired a new stake in Vertiv in the 1st quarter valued at $239,000. Transcend Capital Advisors LLC grew its position in Vertiv by 52.6% in the 1st quarter. Transcend Capital Advisors LLC now owns 4,351 shares of the company's stock valued at $314,000 after purchasing an additional 1,500 shares during the period. Finally, Achmea Investment Management B.V. grew its position in Vertiv by 42.5% in the 1st quarter. Achmea Investment Management B.V. now owns 64,984 shares of the company's stock valued at $4,691,000 after purchasing an additional 19,387 shares during the period. Institutional investors and hedge funds own 89.92% of the company's stock.

Insiders Place Their Bets

In other news, Director Jakki L. Haussler sold 15,680 shares of the firm's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director directly owned 4,631 shares of the company's stock, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the sale, the insider directly owned 18,848 shares of the company's stock, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is owned by company insiders.

Analyst Ratings Changes

VRT has been the subject of several research reports. Rothschild Redb raised shares of Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Weiss Ratings upgraded Vertiv from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday. Redburn Atlantic upgraded Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Glj Research assumed coverage on Vertiv in a research note on Tuesday, August 19th. They set a "sell" rating and a $112.00 price objective on the stock. Finally, Evercore ISI raised their price objective on Vertiv from $180.00 to $200.00 and gave the company an "outperform" rating in a research note on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $177.81.

Vertiv Trading Up 1.5%

Shares of Vertiv stock opened at $185.87 on Friday. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $188.89. The firm has a market cap of $70.98 billion, a PE ratio of 70.14, a P/E/G ratio of 1.49 and a beta of 1.84. The stock has a fifty day moving average price of $147.30 and a 200-day moving average price of $124.14. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.35.

Vertiv (NYSE:VRT - Get Free Report) last announced its earnings results 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. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period last year, the firm posted $0.76 EPS. The business's revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Equities research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv's dividend payout ratio (DPR) is currently 5.66%.

About Vertiv

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.

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