Vertiv Holdings Co. $VRT Stock: CenterBook Partners LP Lowers Holdings

Key Points

• CenterBook Partners cut its Vertiv stake by 63.5% in the third quarter, selling 10,839 shares and retaining 6,224 shares valued at about $1.5 million. Institutional investors overall own about 89.9% of the company.
• Vertiv reported quarterly EPS of $2.21, beating the $1.82 consensus, while revenue of $4.31 billion exceeded expectations and rose 61.2% year over year.
• Analysts have a consensus Moderate Buy rating and an average price target of $337.78. Coverage cites strong AI and data-center demand as a potential tailwind, while permitting delays and concerns about demand beyond 2027 pose risks.

CenterBook Partners LP trimmed its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 63.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,224 shares of the company's stock after selling 10,839 shares during the period. CenterBook Partners LP's holdings in Vertiv were worth $1,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp increased its stake 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 acquiring an additional 704,970 shares during the period. Wellington Management Group LLP boosted its stake in shares of Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company's stock worth $1,270,428,000 after acquiring an additional 468,380 shares in the last quarter. Legal & General Group Plc grew its holdings in Vertiv by 1.1% in the second quarter. Legal & General Group Plc now owns 2,138,967 shares of the company's stock valued at $716,169,000 after purchasing an additional 23,444 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Vertiv by 1.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company's stock worth $678,890,000 after acquiring an additional 51,328 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of 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 worth $604,059,000 after purchasing an additional 608,176 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Vertiv News Summary

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Anthropic’s IPO filing points to roughly $895 billion in computing and lease commitments, including facilities developed by outside partners. Vertiv is among the companies positioned to supply data-center cooling, and the article notes that Vertiv and two other infrastructure providers each grew third-quarter revenue by at least 57%. Anthropic's S-1 Says It Will Expand Its Data Center Footprint
• Positive Sentiment: A bullish analysis points to triple-digit order growth, improving margins, and durable AI-compute demand as potential growth drivers through 2027. That supports the case that data-center investment can continue to benefit Vertiv. Vertiv: Double Down Buy Opportunity
• Neutral Sentiment: Coverage describes VRT as testing a closely watched support area after a pullback, with strong earnings performance contrasting with a softer market. This may help explain near-term trading, but the article’s headline does not establish a fundamental catalyst. VRT Price Prediction: Pullback into a heavily watched support band
• Neutral Sentiment: Another valuation article argues that Vertiv may be below fair value after recent deals and launches involving grid interconnection, liquid cooling, and AI-focused offerings. It also notes that substantial past gains mean high expectations are already embedded in the stock. Vertiv Stock Looks Below Fair Value After Recent Deals
• Negative Sentiment: Permitting disputes could delay data-center construction, threatening the projects that require Vertiv’s cooling and power systems. Separately, one analysis frames the selloff as concern about demand in 2028, despite a strong 2027 outlook. AI Data Center Pipeline Could Dry Up The Print Was About 2027, The Selloff Is About 2028

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Zacks Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 30th. Loop Capital dropped their price objective on Vertiv from $500.00 to $400.00 and set a "buy" rating for the company in a research note on Friday, July 31st. The Goldman Sachs Group cut their price target on Vertiv from $352.00 to $301.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. Royal Bank Of Canada boosted their target price on shares of Vertiv from $323.00 to $351.00 and gave the stock an "outperform" rating in a research note on Thursday, October 29th. Finally, KeyCorp dropped their price target on shares of Vertiv from $360.00 to $325.00 and set an "overweight" rating on the stock in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Vertiv presently has a consensus rating of "Moderate Buy" and an average price target of $337.78.

Insider Buying and Selling

In other Vertiv news, Director Edward Monser sold 15,287 shares of Vertiv stock in a transaction that occurred 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 of the company's stock, valued at $4,188,030. The trade was a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 Stock Performance

NYSE VRT opened at $200.62 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.39 and a quick ratio of 1.01. Vertiv Holdings Co. has a 1 year low of $147.82 and a 1 year high of $379.93. The company has a market capitalization of $77.24 billion, a PE ratio of 37.50, a P/E/G ratio of 0.65 and a beta of 2.11. The company has a fifty day moving average of $235.86 and a two-hundred day moving average of $269.84.

Vertiv (NYSE:VRT - Get Free Report) last posted 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 return on equity of 53.31% and a net margin of 15.99%. The business had revenue of $4.31 billion for the quarter, compared to analysts' expectations of $3.75 billion. During the same quarter in the previous year, the firm earned $1.24 earnings per share. The business's revenue was up 61.2% compared to the same quarter last year. As a group, analysts expect that Vertiv Holdings Co. will post 7.17 earnings per share for the current year.

Vertiv Dividend Announcement

The company also recently declared 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 yield of 0.1%. Vertiv's payout ratio is 4.67%.

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.

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