Vertiv Holdings Co. $VRT Shares Acquired by Western Wealth Management LLC

Western Wealth Management LLC grew its position in Vertiv Holdings Co. (NYSE:VRT) by 23.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 6,387 shares of the company’s stock after buying an additional 1,225 shares during the period. Western Wealth Management LLC’s holdings in Vertiv were worth $820,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. FengHe Fund Management Pte. Ltd. purchased a new position in Vertiv in the first quarter worth $33,389,000. Nordea Investment Management AB lifted its stake in shares of Vertiv by 100.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after buying an additional 1,624,456 shares in the last quarter. Fox Run Management L.L.C. boosted its holdings in Vertiv by 449.9% in the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock worth $1,556,000 after buying an additional 17,627 shares during the period. iA Global Asset Management Inc. grew its stake in Vertiv by 130.2% in the 2nd quarter. iA Global Asset Management Inc. now owns 9,147 shares of the company’s stock valued at $1,175,000 after buying an additional 5,173 shares in the last quarter. Finally, Trilogy Capital Inc. purchased a new position in Vertiv in the 2nd quarter valued at approximately $2,790,000. Institutional investors own 89.92% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on VRT. JPMorgan Chase & Co. raised their target price on Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Mizuho boosted their price objective on shares of Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Glj Research started coverage on shares of Vertiv in a report on Tuesday, August 19th. They set a “sell” rating and a $112.00 target price on the stock. Royal Bank Of Canada raised their price target on shares of Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Finally, William Blair started coverage on shares of Vertiv in a research report on Monday, July 28th. They set an “outperform” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $177.81.

Vertiv Price Performance

Shares of Vertiv stock opened at $166.51 on Tuesday. The business has a 50 day moving average of $165.24 and a 200 day moving average of $136.82. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $202.45. The company has a market cap of $63.66 billion, a PE ratio of 62.83, a P/E/G ratio of 1.39 and a beta of 1.87. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT) last released its quarterly 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 company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. Vertiv’s revenue was up 29.0% on a year-over-year basis. During the same period in the prior year, the firm earned $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, equities research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio is 5.66%.

Insiders Place Their Bets

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director owned 133,333 shares in the company, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following 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 SEC filing for this sale provides additional information. In the last 90 days, insiders sold 139,298 shares of company stock valued at $17,770,188. 5.01% of the stock is owned by insiders.

Vertiv Profile

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.