Vertiv Holdings Co. $VRT Stock: Annex Advisory Services LLC Raises Holdings

Key Points

• Annex Advisory Services increased its Vertiv stake by 18.5% in the third quarter, bringing its holdings to 157,247 shares valued at approximately $37.9 million. Institutional investors collectively own nearly 90% of Vertiv’s outstanding stock.
• Analysts remain broadly positive, with Vertiv receiving a “Moderate Buy” consensus rating and an average price target of $335.67, despite several analysts recently lowering their targets.
• Vertiv shares opened at $206.07, down 4%, and remain well below their 52-week high of $379.93. The company exceeded quarterly EPS expectations, reporting $1.52 versus the $1.43 consensus estimate, while revenue rose 24.1% year over year.

Annex Advisory Services LLC increased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 18.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 157,247 shares of the company's stock after purchasing an additional 24,496 shares during the period. Annex Advisory Services LLC's holdings in Vertiv were worth $37,945,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Jupiter Topco LLC acquired a new stake in shares of Vertiv during the 2nd quarter worth about $441,083,000. State Street Corp grew its stake in Vertiv by 4.5% in the 2nd quarter. State Street Corp now owns 16,531,530 shares of the company's stock valued at $5,535,087,000 after buying an additional 704,970 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Vertiv by 33.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company's stock valued at $604,059,000 after acquiring an additional 608,176 shares during the period. OP Asset Management Ltd bought a new position in Vertiv in the 1st quarter valued at about $119,633,000. Finally, Wellington Management Group LLP raised its holdings in Vertiv by 14.1% in the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company's stock valued at $1,270,428,000 after acquiring an additional 468,380 shares during the period. Institutional investors and hedge funds own 89.92% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Royal Bank Of Canada reduced their price objective on Vertiv from $337.00 to $323.00 and set an "outperform" rating for the company in a report on Wednesday. Loop Capital lowered their price target on shares of Vertiv from $500.00 to $400.00 and set a "buy" rating on the stock in a research report on Friday, July 31st. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Vertiv in a report on Monday, September 28th. Piper Sandler set a $375.00 price objective on shares of Vertiv in a research note on Wednesday, July 29th. Finally, Robert W. Baird set a $320.00 price target on shares of Vertiv and gave the company an "outperform" rating in a research note on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Vertiv presently has an average rating of "Moderate Buy" and an average target price of $335.67.

Insider Transactions at Vertiv

In related news, Director Edward Monser sold 15,287 shares of the firm's stock in a transaction dated 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 sale, 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 transaction 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. Company insiders own 1.10% of the company's stock.

Vertiv Stock Down 4.0%

Shares of Vertiv stock opened at $206.07 on Friday. The firm has a market cap of $79.34 billion, a price-to-earnings ratio of 46.62, a PEG ratio of 0.80 and a beta of 2.05. Vertiv Holdings Co. has a one year low of $147.82 and a one year high of $379.93. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The stock's 50-day moving average is $255.71 and its 200 day moving average is $288.75.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business's quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities research analysts anticipate that Vertiv Holdings Co. will post 6.73 EPS for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders 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 annualized dividend and a dividend yield of 0.1%. Vertiv's dividend payout ratio (DPR) is currently 5.66%.

About Vertiv

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.

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