Alliancebernstein L.P. Sells 116,139 Shares of Vertiv Holdings Co. $VRT

Alliancebernstein L.P. reduced its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 35.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 211,154 shares of the company’s stock after selling 116,139 shares during the quarter. Alliancebernstein L.P. owned 0.06% of Vertiv worth $15,245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of VRT. Amundi lifted its holdings in shares of Vertiv by 96.8% during the first quarter. Amundi now owns 6,951,773 shares of the company’s stock valued at $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. lifted its holdings in Vertiv by 985.3% in the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock valued at $166,183,000 after acquiring an additional 2,089,612 shares during the period. Vanguard Group Inc. lifted its holdings in Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares during the period. Nuveen LLC bought a new position in Vertiv in the first quarter valued at about $77,820,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Vertiv by 54.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company’s stock valued at $263,000,000 after acquiring an additional 812,389 shares during the period. 89.92% of the stock is owned by institutional investors.

Vertiv Price Performance

VRT stock opened at $135.51 on Friday. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $155.84. The company’s fifty day moving average price is $131.59 and its 200-day moving average price is $107.36. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The company has a market capitalization of $51.75 billion, a PE ratio of 64.84, a price-to-earnings-growth ratio of 1.21 and a beta of 1.78.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the firm earned $0.67 earnings per share. The company’s quarterly revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be paid a $0.0375 dividend. The ex-dividend date of this dividend is 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 7.18%.

Insider Transactions at Vertiv

In other Vertiv news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the sale, the insider owned 12,803 shares of the company’s stock, valued at $1,630,334.02. The trade was a 63.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the sale, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on VRT shares. Bank of America boosted their target price on shares of Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 17th. Royal Bank Of Canada boosted their target price on shares of Vertiv from $143.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Glj Research started coverage on shares of Vertiv in a research report on Tuesday, August 19th. They set a “sell” rating and a $112.00 target price for the company. Redburn Atlantic upgraded shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Finally, Wall Street Zen raised Vertiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $142.00.

About Vertiv

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.