Axxcess Wealth Management LLC Increases Stake in Vertiv Holdings Co. $VRT

Axxcess Wealth Management LLC grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 80.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 18,666 shares of the company’s stock after acquiring an additional 8,319 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vertiv were worth $2,397,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. GW&K Investment Management LLC purchased a new position in shares of Vertiv during the first quarter valued at approximately $26,000. SouthState Corp purchased a new position in shares of Vertiv during the first quarter valued at approximately $27,000. Sachetta LLC increased its stake in shares of Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company’s stock valued at $32,000 after buying an additional 317 shares during the period. Banque Transatlantique SA purchased a new position in shares of Vertiv during the first quarter valued at approximately $33,000. Finally, DiNuzzo Private Wealth Inc. increased its stake in shares of Vertiv by 780.0% during the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after buying an additional 234 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the sale, the director directly owned 133,333 shares in the company, valued at $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is owned by insiders.

Analyst Ratings Changes

VRT has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their target price on Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research note on Wednesday. UBS Group lifted their price target on Vertiv from $135.00 to $173.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Bank of America lifted their price target on Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 17th. Royal Bank Of Canada lifted their price target on Vertiv from $143.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Finally, Rothschild Redb upgraded Vertiv to a “hold” rating in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $157.90.

Vertiv Trading Up 3.0%

Vertiv stock opened at $180.33 on Thursday. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The business’s fifty day simple moving average is $141.77 and its two-hundred day simple moving average is $118.45. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $184.44. The company has a market capitalization of $68.86 billion, a price-to-earnings ratio of 86.28, a price-to-earnings-growth ratio of 1.51 and a beta of 1.84.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the previous year, the company posted $0.67 earnings per share. The company’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, equities analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s payout ratio is 7.18%.

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.