Hennion & Walsh Asset Management Inc. Acquires 3,437 Shares of Vertiv Holdings Co. $VRT

Hennion & Walsh Asset Management Inc. boosted its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 15.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 25,160 shares of the company’s stock after buying an additional 3,437 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Vertiv were worth $3,796,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. JBR Co Financial Management Inc lifted its holdings in shares of Vertiv by 0.8% in the 3rd quarter. JBR Co Financial Management Inc now owns 7,825 shares of the company’s stock valued at $1,180,000 after acquiring an additional 65 shares during the last quarter. Plancorp LLC increased its position in shares of Vertiv by 1.3% during the third quarter. Plancorp LLC now owns 5,317 shares of the company’s stock worth $802,000 after acquiring an additional 67 shares during the period. True Wealth Design LLC raised its position in Vertiv by 54.0% during the 3rd quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Vertiv by 67.6% in the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after acquiring an additional 69 shares during the period. Finally, Segment Wealth Management LLC boosted its stake in shares of Vertiv by 1.4% during the third quarter. Segment Wealth Management LLC now owns 5,042 shares of the company’s stock valued at $761,000 after purchasing an additional 70 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Insider Activity at Vertiv

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of Vertiv stock in a transaction that occurred 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 sale, the executive vice president owned 4,050 shares of the company’s stock, valued at approximately $690,444. The trade was a 57.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 5.01% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Royal Bank Of Canada upped their price objective on Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. lifted their price target on Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. KGI Securities raised shares of Vertiv from a “hold” rating to an “outperform” rating in a report on Thursday, October 23rd. Finally, Morgan Stanley raised their target price on Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $181.38.

Vertiv Stock Up 0.6%

Shares of NYSE VRT opened at $174.95 on Wednesday. The business’s fifty day simple moving average is $173.30 and its 200-day simple moving average is $152.63. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The stock has a market cap of $66.89 billion, a P/E ratio of 66.02, a PEG ratio of 1.10 and a beta of 2.06. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $202.45.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same quarter in the prior year, the company posted $0.76 earnings per share. Vertiv’s revenue for the quarter was up 29.0% compared to the same quarter last year. 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, equities analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date was Tuesday, November 25th. Vertiv’s dividend payout ratio (DPR) is currently 9.43%.

Vertiv Company Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.