During the third quarter, Abacus FCF Advisors LLC established a new stake of 137,122 shares in Vertiv Holdings Co., representing approximately $20.7 million and 2.7% of the firm’s portfolio, making it its sixth-largest holding. Other significant moves included Norges Bank’s second-quarter purchase valued at $538.1 million, Winslow Capital’s $459.3 million entry, Amundi’s 96.8% increase to 6.95 million shares (worth $469.5 million), Nordea Investment Management’s doubling to 3.25 million shares ($415.1 million) and SG Americas Securities’ 102.7% boost to 26,837 shares ($3.4 million). Institutional ownership now accounts for nearly 90% of the float.

In late November, Executive Vice President Stephen Liang sold 5,501 shares, generating proceeds of approximately $937,800. Post-transaction, his holding fell to 4,050 shares, a 57.6% reduction. This sale, disclosed in an SEC filing, leaves insiders collectively with just over 5% of the company’s equity.

Several Wall Street firms have raised their outlooks on Vertiv, with Morgan Stanley, Citigroup, TD Cowen and UBS Group all upgrading to overweight or buy ratings and increasing their multi-quarter targets. Weiss Ratings reaffirmed a buy (b-) stance. Among 29 tracked analysts, two assign a Strong Buy, 20 a Buy, six a Hold and one a Sell, yielding an average recommendation of Moderate Buy and an average long-term price objective implying double-digit upside.

Vertiv’s third-quarter revenue climbed 29% year-over-year to $2.68 billion, topping consensus by $90 million, while adjusted EPS of $1.24 exceeded projections by $0.25. Net margin reached 10.7% and return on equity soared to 50.8%. The company set Q4 EPS guidance between $1.23 and $1.29 and full-year 2025 guidance at $4.07 to $4.13, against an analyst consensus of $3.59 for calendar 2024. Its balance sheet remains healthy with a 1.43 quick ratio, 1.83 current ratio and debt-to-equity of 0.83.