Jackson Square Partners LLC Has $10.90 Million Stock Holdings in Vertiv Holdings Co. $VRT

Jackson Square Partners LLC lessened its position in Vertiv Holdings Co. (NYSE:VRT) by 61.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,919 shares of the company’s stock after selling 137,213 shares during the quarter. Vertiv comprises about 4.0% of Jackson Square Partners LLC’s investment portfolio, making the stock its 4th biggest position. Jackson Square Partners LLC’s holdings in Vertiv were worth $10,904,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. D.A. Davidson & CO. increased its stake in shares of Vertiv by 21.4% in the first quarter. D.A. Davidson & CO. now owns 5,810 shares of the company’s stock worth $419,000 after purchasing an additional 1,026 shares during the period. World Investment Advisors boosted its position in shares of Vertiv by 39.3% in the first quarter. World Investment Advisors now owns 3,479 shares of the company’s stock valued at $251,000 after acquiring an additional 982 shares during the period. Concurrent Investment Advisors LLC acquired a new stake in shares of Vertiv in the first quarter worth $392,000. Envestnet Asset Management Inc. increased its position in Vertiv by 3.2% during the first quarter. Envestnet Asset Management Inc. now owns 480,639 shares of the company’s stock worth $34,702,000 after acquiring an additional 15,104 shares during the period. Finally, TD Private Client Wealth LLC boosted its holdings in Vertiv by 37.5% in the 1st quarter. TD Private Client Wealth LLC now owns 510 shares of the company’s stock valued at $37,000 after purchasing an additional 139 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Jakki L. Haussler sold 15,680 shares of the 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 sale, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction on Thursday, August 14th. The shares were 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 180,952 shares of company stock valued at $23,360,571 in the last 90 days. Insiders own 2.63% of the company’s stock.

Vertiv Stock Down 1.9%

Shares of NYSE VRT opened at $179.63 on Friday. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $202.45. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. The business has a fifty day moving average of $159.40 and a two-hundred day moving average of $132.35. The stock has a market cap of $68.68 billion, a PE ratio of 67.79, a PEG ratio of 1.48 and a beta of 1.87.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The firm’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter last year, the company posted $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, equities research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal 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 issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s payout ratio is presently 5.66%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Bank of America upped their price target on Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, July 17th. Royal Bank Of Canada lifted their price objective on Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. TD Cowen boosted their price objective on Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Finally, The Goldman Sachs Group set a $182.00 target price on Vertiv in a research note on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Company Profile

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.