Stratos Wealth Advisors LLC lessened its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 19.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,300 shares of the company’s stock after selling 545 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Vertiv were worth $295,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock valued at $2,723,034,000 after purchasing an additional 1,359,070 shares in the last quarter. Amundi lifted its holdings in shares of Vertiv by 96.8% in the first quarter. Amundi now owns 6,951,773 shares of the company’s stock valued at $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. Fred Alger Management LLC lifted its holdings in shares of Vertiv by 19.6% in the first quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company’s stock valued at $252,416,000 after purchasing an additional 572,545 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of Vertiv by 100.1% in the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after purchasing an additional 1,624,456 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Vertiv by 6.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company’s stock valued at $205,085,000 after purchasing an additional 182,937 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently commented on VRT shares. Mizuho lifted their price target on Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a report on Friday. Cfra Research upgraded Vertiv to a “moderate buy” rating in a report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft set a $216.00 price target on Vertiv and gave the stock a “buy” rating in a report on Wednesday, October 15th. The Goldman Sachs Group set a $159.00 price target on Vertiv in a report on Monday, September 29th. Finally, Glj Research started coverage on Vertiv in a report on Tuesday, August 19th. They set a “sell” rating and a $112.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.30.
Insider Buying and Selling
In other news, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the transaction, the insider directly owned 18,848 shares in the company, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares of the company’s stock, valued at approximately $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. Insiders have sold a total of 180,952 shares of company stock valued at $23,360,571 in the last ninety days. 5.01% of the stock is owned by company insiders.
Vertiv Stock Performance
NYSE:VRT opened at $175.90 on Tuesday. 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 business has a fifty day simple moving average of $143.94 and a two-hundred day simple moving average of $121.34. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $184.44. The company has a market capitalization of $67.17 billion, a P/E ratio of 84.16, a P/E/G ratio of 1.50 and a beta of 1.84.
Vertiv (NYSE:VRT – Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the business posted $0.67 earnings per share. The business’s revenue for the quarter was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.
Vertiv Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a $0.0375 dividend. The ex-dividend date 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%.
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.
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