Garde Capital Inc. Purchases 283 Shares of Vertiv Holdings Co. $VRT

Garde Capital Inc. raised its position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 1,886.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 298 shares of the company’s stock after acquiring an additional 283 shares during the period. Garde Capital Inc.’s holdings in Vertiv were worth $38,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Ibex Wealth Advisors increased its position in Vertiv by 10.5% during the first quarter. Ibex Wealth Advisors now owns 73,739 shares of the company’s stock valued at $5,324,000 after acquiring an additional 6,989 shares during the last quarter. FengHe Fund Management Pte. Ltd. bought a new position in shares of Vertiv in the first quarter worth about $33,389,000. Viking Fund Management LLC grew its holdings in shares of Vertiv by 123.5% in the first quarter. Viking Fund Management LLC now owns 38,000 shares of the company’s stock worth $2,744,000 after purchasing an additional 21,000 shares during the last quarter. Outlook Wealth Advisors LLC bought a new position in shares of Vertiv in the first quarter worth about $475,000. Finally, Fox Run Management L.L.C. grew its holdings in shares of Vertiv by 449.9% in the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock worth $1,556,000 after purchasing an additional 17,627 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

VRT has been the topic of a number of research analyst reports. Roth Capital upped their price target on shares of Vertiv from $100.00 to $157.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. Citigroup upped their price target on shares of Vertiv from $130.00 to $149.00 and gave the stock a “buy” rating in a report on Monday, July 14th. Rothschild & Co Redburn initiated coverage on shares of Vertiv in a report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 price target on the stock. Wolfe Research restated an “outperform” rating and issued a $155.00 price target on shares of Vertiv in a report on Thursday, July 10th. Finally, Redburn Atlantic upgraded shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $142.00.

Read Our Latest Stock Analysis on Vertiv

Insider Activity

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the 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 completion of the sale, the director directly owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the 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 sale, the director directly owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 180,952 shares of company stock valued at $23,360,571. Corporate insiders own 2.63% of the company’s stock.

Vertiv Stock Down 0.6%

NYSE:VRT opened at $134.90 on Friday. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $155.84. The company has a 50-day moving average of $131.73 and a 200 day moving average of $107.73. The firm has a market cap of $51.51 billion, a PE ratio of 64.55, a price-to-earnings-growth ratio of 1.20 and a beta of 1.78. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35.

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

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be given a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, September 15th. Vertiv’s dividend payout ratio is presently 7.18%.

Vertiv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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