Neville Rodie & Shaw Inc. Sells 8,855 Shares of Vertiv Holdings Co. $VRT

Neville Rodie & Shaw Inc. decreased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 14.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,441 shares of the company’s stock after selling 8,855 shares during the quarter. Neville Rodie & Shaw Inc.’s holdings in Vertiv were worth $12,172,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Eastern Bank grew its holdings in shares of Vertiv by 3.7% during the third quarter. Eastern Bank now owns 6,665 shares of the company’s stock valued at $1,608,000 after purchasing an additional 238 shares during the last quarter. Rockland Trust Co. boosted its position in Vertiv by 8.1% during the 3rd quarter. Rockland Trust Co. now owns 2,549 shares of the company’s stock valued at $615,000 after purchasing an additional 191 shares during the period. Polaris Financial Partners bought a new position in Vertiv during the 3rd quarter worth $4,227,000. CX Institutional increased its position in Vertiv by 750.0% in the third quarter. CX Institutional now owns 527 shares of the company’s stock worth $127,000 after buying an additional 465 shares during the period. Finally, Burkett Financial Services LLC acquired a new stake in Vertiv in the third quarter worth $35,000. Institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

Shares of NYSE:VRT traded up $2.38 during trading on Monday, reaching $254.56. The company had a trading volume of 2,590,213 shares, compared to its average volume of 6,384,921. The firm’s fifty day moving average is $260.68 and its 200 day moving average is $290.82. The firm has a market capitalization of $98.00 billion, a PE ratio of 57.59, a price-to-earnings-growth ratio of 0.94 and a beta of 2.05. Vertiv Holdings Co. has a twelve month low of $147.82 and a twelve month high of $379.93. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities analysts forecast that Vertiv Holdings Co. will post 6.73 EPS for the current year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 14th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 14th. Vertiv’s payout ratio is currently 5.66%.

Insider Activity at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the completion of the sale, the director owned 16,500 shares in the company, valued at $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Citigroup reduced their price target on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a report on Thursday, July 30th. UBS Group reiterated a “buy” rating and issued a $370.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Weiss Ratings cut shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Royal Bank Of Canada dropped their price target on shares of Vertiv from $418.00 to $337.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $320.00 price objective on Vertiv in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Vertiv presently has a consensus rating of “Moderate Buy” and an average price target of $355.96.

Vertiv Company Profile

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.