2,669 Shares in Vertiv Holdings Co. $VRT Purchased by Galvin Gaustad & Stein LLC

Galvin Gaustad & Stein LLC acquired a new position in shares of Vertiv Holdings Co. (NYSE:VRT) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 2,669 shares of the company’s stock, valued at approximately $343,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. DiNuzzo Private Wealth Inc. lifted its holdings in shares of Vertiv by 780.0% in the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after acquiring an additional 234 shares during the last quarter. Garde Capital Inc. lifted its holdings in shares of Vertiv by 1,886.7% in the second quarter. Garde Capital Inc. now owns 298 shares of the company’s stock worth $38,000 after acquiring an additional 283 shares during the last quarter. GW&K Investment Management LLC bought a new position in shares of Vertiv in the first quarter worth about $26,000. SouthState Corp bought a new position in shares of Vertiv in the first quarter worth about $27,000. Finally, North Star Investment Management Corp. lifted its holdings in shares of Vertiv by 4,120.0% in the first quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock worth $30,000 after acquiring an additional 412 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of research reports. Wall Street Zen raised shares of Vertiv from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 21st. Morgan Stanley reissued an “overweight” rating on shares of Vertiv in a report on Sunday, August 10th. William Blair initiated coverage on Vertiv in a research note on Monday, July 28th. They issued an “outperform” rating for the company. Mizuho upped their price objective on Vertiv from $125.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, July 16th. Finally, Royal Bank Of Canada upped their price objective on Vertiv from $143.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $149.84.

Insider Activity at Vertiv

In other news, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the director owned 4,631 shares of the company’s stock, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the sale, the insider directly owned 18,848 shares of the company’s stock, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their position. The disclosure for this sale can be found here. In 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.

Vertiv Stock Performance

NYSE:VRT opened at $169.09 on Friday. The company has a market capitalization of $64.57 billion, a PE ratio of 80.90, a P/E/G ratio of 1.48 and a beta of 1.84. The company has a 50 day simple moving average of $139.45 and a two-hundred day simple moving average of $116.37. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $183.11.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Research analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 7.18%.

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.