Amendment: SEC Form SC 13G/A filed by Vertiv Holdings LLC
$VRT
Industrial Machinery/Components
Technology
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2024 | $125.00 | Buy | Jefferies |
| 8/7/2024 | $95.00 → $92.00 | Neutral → Outperform | Mizuho |
| 4/5/2024 | $96.00 | Outperform | Oppenheimer |
| 8/2/2023 | $40.00 | Underperform → Buy | BofA Securities |
| 6/9/2023 | Hold → Buy | Vertical Research | |
| 10/27/2022 | $11.75 → $20.00 | Market Perform → Outperform | Cowen |
| 4/1/2022 | $29.00 → $18.00 | Neutral → Overweight | JP Morgan |
| 2/24/2022 | $27.00 → $13.00 | Neutral | Mizuho |
Appointment as executive vice president to start January 1, 2025 Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that on January 1, 2025, Scott Armul will be promoted to executive vice president, global portfolio and business units, reporting to Vertiv CEO Giordano (Gio) Albertazzi. Armul will focus on driving a growth-oriented global portfolio strategy, as Vertiv continues to expand its offerings to meet evolving industry and customer needs in an increasingly demanding digital economy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241029815135/en/Vertiv promotes
Net sales of $2,074 million, 19% higher than third quarter 2023. Operating profit of $372 million, up 48% from third quarter 2023, and adjusted operating profit(1) of $417 million, up 41% from third quarter 2023 Strong third quarter trailing twelve-month (TTM) organic orders up ~37% compared to prior year TTM period. Third quarter organic orders growth of ~17% vs. prior year Adjusted operating margin(1) of 20.1%, up 310 basis points compared to third quarter 2023 Diluted EPS of $0.46 and adjusted diluted EPS(1) of $0.76, above high-end of prior guidance Operating cash flow of $375 million and adjusted free cash flow(1) of $336 million in third quarter 2024. Net leverage of 1.4x at
End-to-end critical power and cooling reference designs for NVIDIA Blackwell architectures up to 7MW, with OCP infrastructure options Vertiv (NYSE:VRT), a global provider of critical digital infrastructure, today announced that it is releasing a complete 7MW reference architecture of the NVIDIA GB200 NVL72 platform, co-developed with NVIDIA, that will enable customers to transform traditional data center architectures into AI factories capable of powering AI applications across the enterprise. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241014494536/en/Vertiv and NVIDIA collaborative reference design for power and cooling inf
USA News Group Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, May 31, 2024 /PRNewswire/ -- USA News Group – With the artificial intelligence (AI) revolution fully underway, the importance and security of the data centers that power the new technology is surging. The role and preservation of these data centers is generating multiple calls for them and their power sources to be recognized as a matter of national security. Former Google CEO Eric Schmidt went so far as to predict that AI data centers will one day be "on military bases surrounded by machine guns," as stated in an interview with Noema Magazine. According to analysts at Dell'Oro Group, data center spending is fo
Deal to strengthen Vertiv's capabilities to support deployment of AI at scale Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that subsidiaries of the company have entered into a definitive agreement to acquire all of the shares of CoolTera Ltd. (CoolTera), a provider of coolant distribution infrastructure for data center liquid cooling technology and certain assets, including certain contracts, patents, trademarks, and intellectual property from an affiliate of CoolTera. Founded in 2016 and based in the UK, CoolTera provides liquid cooling infrastructure solutions, and designs and manufactures coolant distribution units
Latest addition brings extensive financial experience, expands Board to ten members Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the appointment of Jakki Haussler to its Board of Directors. Ms. Haussler will serve on the Audit Committee of the Board. Ms. Haussler is the Non-Executive Chairman of Opus Capital Management, Inc., which she co-founded in 1996 and subsequently led as CEO until 2019. Haussler has served in a variety of leadership positions in the investment community, including as the managing director of Capvest Venture Fund LP, and a partner at both Adena Ventures LP and Blue Chip Venture Company. She has ext
SC 13G/A - Vertiv Holdings Co (0001674101) (Subject)
SC 13G/A - Vertiv Holdings Co (0001674101) (Subject)
SC 13G/A - Vertiv Holdings Co (0001674101) (Subject)
Jefferies initiated coverage of Vertiv with a rating of Buy and set a new price target of $125.00
Mizuho upgraded Vertiv from Neutral to Outperform and set a new price target of $92.00 from $95.00 previously
Oppenheimer initiated coverage of Vertiv with a rating of Outperform and set a new price target of $96.00
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
4 - Vertiv Holdings Co (0001674101) (Issuer)
Net sales of $2,074 million, 19% higher than third quarter 2023. Operating profit of $372 million, up 48% from third quarter 2023, and adjusted operating profit(1) of $417 million, up 41% from third quarter 2023 Strong third quarter trailing twelve-month (TTM) organic orders up ~37% compared to prior year TTM period. Third quarter organic orders growth of ~17% vs. prior year Adjusted operating margin(1) of 20.1%, up 310 basis points compared to third quarter 2023 Diluted EPS of $0.46 and adjusted diluted EPS(1) of $0.76, above high-end of prior guidance Operating cash flow of $375 million and adjusted free cash flow(1) of $336 million in third quarter 2024. Net leverage of 1.4x at
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its third quarter 2024 results before market open on Wednesday, October 23, 2024. The press release will contain a link to the presentation materials providing a third quarter 2024 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time. A webcast of the live conference call can be accessed in the Investor Relations section of Vertiv's website at investors.vertiv.com. A replay of the conference call will also be available
Vertiv (NYSE:VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per share of the company's Class A common stock. The cash dividend will be payable on September 26, 2024, to shareholders of record of Class A common stock at the close of business on September 17, 2024. About Vertiv Vertiv (NYSE:VRT) brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today's data centers, communicat
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Wall Street experienced a turbulent session on Wednesday, with the S&P 500 index heading toward its worst performance in over a year and the tech-focused Nasdaq 100 eyeing its fifth decline in the last six sessions. The Magnificent Seven group — Microsoft Corp. (NYSE:MSFT), Apple Inc. (NASDAQ:AAPL), NVIDIA Corp., Alphabet Inc., Amazon Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META) and Tesla, Inc. — wiped out over $570 billion in their combined market valuation by midday trading in New York. The Roundhill Magnificent Seven ETF (NYSE:MAGS) fell 4.9%, marking the worst daily performance since the fund’s inception last year. Tesla shares plummeted over 11% after missing earnings exp
10-Q - Vertiv Holdings Co (0001674101) (Filer)
8-K - Vertiv Holdings Co (0001674101) (Filer)
8-K - Vertiv Holdings Co (0001674101) (Filer)