OLD Point Trust & Financial Services N A Invests $32,000 in Vertiv Holdings Co. $VRT

OLD Point Trust & Financial Services N A bought a new position in Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 250 shares of the company’s stock, valued at approximately $32,000.

Several other institutional investors have also made changes to their positions in VRT. Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in shares of Vertiv during the first quarter worth approximately $752,000. Cambridge Investment Research Advisors Inc. lifted its stake in Vertiv by 40.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 91,355 shares of the company’s stock valued at $6,596,000 after acquiring an additional 26,154 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in Vertiv by 4.6% in the first quarter. Asset Management One Co. Ltd. now owns 133,870 shares of the company’s stock valued at $9,665,000 after acquiring an additional 5,852 shares during the last quarter. International Assets Investment Management LLC lifted its stake in Vertiv by 157.9% in the first quarter. International Assets Investment Management LLC now owns 9,313 shares of the company’s stock valued at $672,000 after acquiring an additional 5,702 shares during the last quarter. Finally, Strategic Investment Advisors MI acquired a new stake in Vertiv in the first quarter valued at approximately $493,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Trading Down 2.0%

Shares of VRT stock opened at $171.27 on Thursday. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $184.50. The firm’s fifty day simple moving average is $145.24 and its 200 day simple moving average is $122.05. The firm has a market capitalization of $65.40 billion, a P/E ratio of 81.95, a price-to-earnings-growth ratio of 1.50 and a beta of 1.84. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The business had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. Vertiv’s revenue was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, sell-side analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The firm 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. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s payout ratio is 7.18%.

Insider Buying and Selling at Vertiv

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction on Tuesday, August 26th. The shares were 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Karsten Winther sold 41,654 shares of the business’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the sale, 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 180,952 shares of company stock worth $23,360,571. Corporate insiders own 2.63% of the company’s stock.

Wall Street Analyst Weigh In

VRT has been the subject of a number of analyst reports. Redburn Atlantic upgraded shares of Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Melius Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating and boosted their price objective for the stock from $134.00 to $165.00 in a research note on Tuesday, July 8th. Wolfe Research restated an “outperform” rating and issued a $155.00 price objective on shares of Vertiv in a research note on Thursday, July 10th. Deutsche Bank Aktiengesellschaft set a $216.00 price objective on shares of Vertiv and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, Cfra Research upgraded shares of Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.95.

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.