Global Assets Advisory LLC Sells 2,159 Shares of Vertiv Holdings Co. $VRT

Global Assets Advisory LLC cut its holdings in Vertiv Holdings Co. (NYSE:VRT) by 36.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,841 shares of the company’s stock after selling 2,159 shares during the quarter. Global Assets Advisory LLC’s holdings in Vertiv were worth $471,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. GW&K Investment Management LLC bought a new stake in shares of Vertiv in the 1st quarter worth about $26,000. SouthState Corp purchased a new position in Vertiv in the first quarter worth about $27,000. North Star Investment Management Corp. increased its stake in Vertiv by 4,120.0% during 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. Sachetta LLC raised its position in Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company’s stock valued at $32,000 after purchasing an additional 317 shares during the period. Finally, Banque Transatlantique SA bought a new stake in shares of Vertiv in the 1st quarter valued at approximately $33,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

Vertiv stock opened at $160.45 on Monday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. The stock has a market cap of $61.27 billion, a price-to-earnings ratio of 76.77, a price-to-earnings-growth ratio of 1.41 and a beta of 1.84. The firm has a 50-day moving average of $137.27 and a two-hundred day moving average of $114.13. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $168.99.

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

Vertiv Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 7.18%.

Insider Transactions at Vertiv

In other Vertiv news, 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 transaction, the director directly owned 133,333 shares in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the transaction, the insider directly owned 18,848 shares in the company, valued at $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 ninety days, insiders have sold 180,952 shares of company stock worth $23,360,571. Corporate insiders own 5.01% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on VRT shares. Citigroup boosted their target price on Vertiv from $130.00 to $149.00 and gave the company a “buy” rating in a research report on Monday, July 14th. JPMorgan Chase & Co. increased their target price on shares of Vertiv from $127.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Melius Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating and raised their target price for the stock from $134.00 to $165.00 in a report on Tuesday, July 8th. Royal Bank Of Canada upped their price target on shares of Vertiv from $143.00 to $162.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Finally, Oppenheimer raised their price objective on shares of Vertiv from $140.00 to $151.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $144.95.

Vertiv Company 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.