Apollon Wealth Management LLC Has $2.94 Million Stock Holdings in Vertiv Holdings Co. $VRT

Apollon Wealth Management LLC lifted its stake in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 19.0% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 22,930 shares of the company’s stock after buying an additional 3,668 shares during the quarter. Apollon Wealth Management LLC’s holdings in Vertiv were worth $2,944,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VRT. Farther Finance Advisors LLC lifted its stake in shares of Vertiv by 62.2% during the 1st quarter. Farther Finance Advisors LLC now owns 5,887 shares of the company’s stock worth $443,000 after buying an additional 2,257 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of Vertiv by 37.6% during the 1st quarter. Fifth Third Bancorp now owns 1,549 shares of the company’s stock worth $112,000 after buying an additional 423 shares during the last quarter. NorthCrest Asset Manangement LLC increased its position in Vertiv by 31.4% during the first quarter. NorthCrest Asset Manangement LLC now owns 6,704 shares of the company’s stock worth $484,000 after acquiring an additional 1,602 shares during the period. Elevation Point Wealth Partners LLC increased its position in Vertiv by 7.0% during the first quarter. Elevation Point Wealth Partners LLC now owns 11,863 shares of the company’s stock worth $857,000 after acquiring an additional 779 shares during the period. Finally, Stock Yards Bank & Trust Co. bought a new position in Vertiv during the first quarter worth about $207,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

VRT has been the topic of a number of recent research reports. Citigroup raised their price target on shares of Vertiv from $167.00 to $192.00 and gave the stock a “buy” rating in a research report on Thursday. Zacks Research lowered shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. The Goldman Sachs Group set a $159.00 price target on shares of Vertiv in a research report on Monday, September 29th. Bank of America raised their price target on shares of Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. Finally, William Blair initiated coverage on shares of Vertiv in a research report on Monday, July 28th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $149.84.

Check Out Our Latest Stock Analysis on Vertiv

Vertiv Price Performance

VRT stock opened at $169.09 on Monday. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $183.11. The firm has a market cap of $64.57 billion, a P/E ratio of 80.90, a P/E/G ratio of 1.48 and a beta of 1.84. The company’s 50-day moving average price is $139.45 and its two-hundred day moving average price is $116.89.

Vertiv (NYSE:VRTGet Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.83 by $0.12. The firm 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 business’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same period last year, the firm earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were issued 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 payout ratio is 7.18%.

Insider Activity at Vertiv

In related news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider directly owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction that occurred on 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 5.01% of the company’s stock.

Vertiv 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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