Sterling Capital Management LLC Increases Position in Vertiv Holdings Co. $VRT

Sterling Capital Management LLC increased its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 36.8% in the second quarter, HoldingsChannel reports. The firm owned 97,471 shares of the company’s stock after buying an additional 26,236 shares during the period. Sterling Capital Management LLC’s holdings in Vertiv were worth $12,516,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VRT. GW&K Investment Management LLC purchased a new stake in shares of Vertiv during the first quarter valued at about $26,000. SouthState Corp purchased a new stake in Vertiv during the first quarter valued at approximately $27,000. Avion Wealth boosted its stake in Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after acquiring an additional 106 shares in the last quarter. Sachetta LLC boosted its stake in Vertiv by 242.0% in the first quarter. Sachetta LLC now owns 448 shares of the company’s stock valued at $32,000 after acquiring an additional 317 shares in the last quarter. Finally, OLD Point Trust & Financial Services N A purchased a new position in Vertiv in the second quarter worth $32,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Insider Buying and Selling

In related news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the sale, the director directly owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the transaction, the director directly owned 133,333 shares of the company’s stock, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 180,952 shares of company stock valued at $23,360,571. Insiders own 2.63% of the company’s stock.

Vertiv Price Performance

Shares of NYSE VRT opened at $183.40 on Friday. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $202.45. The business’s 50 day moving average price is $158.36 and its 200 day moving average price is $131.57. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. The firm has a market cap of $70.12 billion, a P/E ratio of 69.21, a P/E/G ratio of 1.55 and a beta of 1.87.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. The firm 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 was up 29.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, sell-side analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were issued a $0.0375 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is presently 5.66%.

Wall Street Analysts Forecast Growth

VRT has been the subject of several analyst reports. TD Cowen increased their price objective on Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Cfra Research upgraded Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. Wolfe Research reissued an “outperform” rating and issued a $155.00 price target on shares of Vertiv in a report on Thursday, July 10th. Glj Research began coverage on shares of Vertiv in a report on Tuesday, August 19th. They set a “sell” rating and a $112.00 price objective on the stock. Finally, Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.