Parisi Gray Wealth Management Invests $282,000 in Vertiv Holdings Co. $VRT

Parisi Gray Wealth Management acquired a new position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) in the second quarter, HoldingsChannel reports. The fund acquired 2,195 shares of the company’s stock, valued at approximately $282,000.

Several other large investors have also recently added to or reduced their stakes in VRT. Focus Partners Advisor Solutions LLC grew its stake in shares of Vertiv by 3.1% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 3,226 shares of the company’s stock valued at $367,000 after acquiring an additional 97 shares in the last quarter. Commerce Bank raised its holdings in Vertiv by 0.7% during the first quarter. Commerce Bank now owns 20,739 shares of the company’s stock worth $1,497,000 after purchasing an additional 134 shares in the last quarter. TD Private Client Wealth LLC grew its position in Vertiv by 37.5% in the first quarter. TD Private Client Wealth LLC now owns 510 shares of the company’s stock worth $37,000 after buying an additional 139 shares during the last quarter. Forum Financial Management LP grew its position in Vertiv by 5.4% during the 1st quarter. Forum Financial Management LP now owns 2,852 shares of the company’s stock worth $206,000 after purchasing an additional 147 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of Vertiv by 30.6% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 768 shares of the company’s stock valued at $55,000 after acquiring an additional 180 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Vertiv news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the transaction, the insider directly owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock valued at $23,360,571 over the last ninety days. 5.01% of the stock is owned by insiders.

Vertiv Trading Down 0.6%

Shares of Vertiv stock opened at $134.90 on Monday. The firm has a market capitalization of $51.51 billion, a PE ratio of 64.55, a price-to-earnings-growth ratio of 1.19 and a beta of 1.78. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The firm’s 50 day moving average is $131.73 and its 200 day moving average is $107.83. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $155.84.

Vertiv (NYSE:VRTGet Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the firm posted $0.67 EPS. The company’s quarterly revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, September 15th will be given a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is 7.18%.

Analyst Ratings Changes

Several research firms recently issued reports on VRT. Redburn Atlantic raised shares of Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Morgan Stanley reaffirmed an “overweight” rating on shares of Vertiv in a research note on Sunday, August 10th. Citigroup upped their target price on shares of Vertiv from $130.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. Bank of America upped their target price on shares of Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. Finally, Roth Capital increased their price objective on shares of Vertiv from $100.00 to $157.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $142.00.

View Our Latest Research Report on VRT

Vertiv Profile

(Free Report)

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.

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Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRTFree Report).

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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