Envestnet Asset Management Inc. Grows Position in Vertiv Holdings Co. $VRT

Key Points

• Envestnet Asset Management increased its Vertiv stake by 6.9% in the second quarter, bringing its holdings to 880,700 shares valued at approximately $294.9 million. Institutional investors collectively own 89.92% of Vertiv.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $357.83, despite some target-price reductions and a recent downgrade by Zacks Research.
• Vertiv’s latest quarter showed mixed results: adjusted earnings of $1.52 per share exceeded estimates, while revenue of $3.27 billion fell short of expectations but rose 24.1% year over year. The company also declared a quarterly dividend of $0.0625 per share.

Envestnet Asset Management Inc. boosted its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 6.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 880,700 shares of the company's stock after buying an additional 56,757 shares during the period. Envestnet Asset Management Inc. owned 0.23% of Vertiv worth $294,874,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SFE Investment Counsel boosted its position in shares of Vertiv by 1.1% in the first quarter. SFE Investment Counsel now owns 3,052 shares of the company's stock worth $765,000 after acquiring an additional 32 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of Vertiv by 3.0% in the 2nd quarter. Versant Capital Management Inc now owns 1,156 shares of the company's stock worth $387,000 after purchasing an additional 34 shares during the period. Webster Bank N. A. raised its holdings in shares of Vertiv by 6.9% in the 1st quarter. Webster Bank N. A. now owns 542 shares of the company's stock worth $136,000 after purchasing an additional 35 shares during the period. Sachetta LLC lifted its stake in shares of Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company's stock valued at $31,000 after purchasing an additional 36 shares in the last quarter. Finally, Pincus Capital Management LP lifted its stake in shares of Vertiv by 0.8% in the 1st quarter. Pincus Capital Management LP now owns 4,713 shares of the company's stock valued at $1,181,000 after purchasing an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on VRT shares. Zacks Research cut shares of Vertiv from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 31st. Wall Street Zen upgraded shares of Vertiv from a "hold" rating to a "buy" rating in a report on Saturday, September 19th. Oppenheimer reaffirmed an "outperform" rating and set a $325.00 price target on shares of Vertiv in a research report on Thursday, July 30th. Royal Bank Of Canada lowered their price target on Vertiv from $418.00 to $337.00 and set an "outperform" rating for the company in a report on Thursday, July 30th. Finally, Evercore set a $375.00 price objective on Vertiv in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $357.83.

Vertiv Price Performance

Shares of NYSE VRT opened at $248.67 on Thursday. 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 Holdings Co. has a fifty-two week low of $133.85 and a fifty-two week high of $379.93. The business has a 50 day moving average price of $267.54 and a two-hundred day moving average price of $291.52. The firm has a market cap of $95.73 billion, a PE ratio of 56.26, a price-to-earnings-growth ratio of 1.04 and a beta of 2.07.

Vertiv (NYSE:VRT - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to analysts' expectations of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business's revenue was up 24.1% on a year-over-year basis. During the same period in the prior 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 expect that Vertiv Holdings Co. will post 6.72 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Monday, September 14th will be given a $0.0625 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv's dividend payout ratio (DPR) is currently 5.66%.

Insider Transactions at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the business's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the transaction, the director owned 16,500 shares of the company's stock, valued at approximately $4,188,030. The trade was a 48.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company's stock.

About Vertiv

Vertiv Holdings Co NYSE: VRT designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.

The company's products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.

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