Shorepoint Capital Partners LLC Takes Position in Vertiv Holdings Co. $VRT

Shorepoint Capital Partners LLC bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 30,456 shares of the company’s stock, valued at approximately $4,595,000.

Several other large investors also recently bought and sold shares of VRT. Promus Capital LLC acquired a new stake in Vertiv during the 2nd quarter valued at $26,000. Avion Wealth grew its stake in shares of Vertiv by 99.1% during the second quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after acquiring an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A purchased a new stake in shares of Vertiv during the second quarter worth about $32,000. Banque Transatlantique SA acquired a new position in shares of Vertiv in the first quarter worth about $33,000. Finally, DiNuzzo Private Wealth Inc. grew its position in shares of Vertiv by 780.0% during the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after buying an additional 234 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Insiders Place Their Bets

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the transaction, the executive vice president owned 4,050 shares of the company’s stock, valued at approximately $690,444. This represents a 57.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on VRT. Deutsche Bank Aktiengesellschaft set a $216.00 price target on shares of Vertiv and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Barclays restated a “neutral” rating and set a $181.00 price objective on shares of Vertiv in a research note on Thursday, December 4th. Royal Bank Of Canada lifted their target price on Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Rothschild & Co Redburn began coverage on Vertiv in a research report on Wednesday, August 20th. They set a “neutral” rating and a $135.00 price target on the stock. Finally, Rothschild Redb upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $180.48.

Vertiv Stock Up 0.2%

Shares of Vertiv stock opened at $161.55 on Tuesday. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $202.45. The company has a market capitalization of $61.77 billion, a P/E ratio of 60.96, a PEG ratio of 1.30 and a beta of 2.03. The business’s fifty day moving average price is $177.07 and its two-hundred day moving average price is $146.85. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $2.68 billion for 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 previous year, the firm earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th will be given a dividend of $0.0625 per share. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. This represents a $0.25 annualized dividend and a dividend yield of 0.2%. Vertiv’s payout ratio is 9.43%.

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.