Wedbush Securities Inc. Sells 2,429 Shares of Vertiv Holdings Co. $VRT

Wedbush Securities Inc. lessened its position in Vertiv Holdings Co. (NYSE:VRT) by 10.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,913 shares of the company’s stock after selling 2,429 shares during the quarter. Wedbush Securities Inc.’s holdings in Vertiv were worth $2,685,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of VRT. Vestmark Advisory Solutions Inc. acquired a new stake in shares of Vertiv in the second quarter valued at approximately $830,000. Sterling Capital Management LLC grew its position in Vertiv by 36.8% in the second quarter. Sterling Capital Management LLC now owns 97,471 shares of the company’s stock valued at $12,516,000 after purchasing an additional 26,236 shares in the last quarter. Horizon Investment Services LLC bought a new position in Vertiv in the second quarter valued at $288,000. Aspetuck Financial Management LLC acquired a new stake in Vertiv in the 2nd quarter valued at $376,000. Finally, Modera Wealth Management LLC bought a new stake in Vertiv during the 2nd quarter worth about $313,000. Institutional investors own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Barclays raised their price objective on Vertiv from $145.00 to $170.00 and gave the company an “equal weight” rating in a report on Thursday, October 23rd. Morgan Stanley increased their price target on Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Redburn Atlantic upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Glj Research began coverage on Vertiv in a research note on Tuesday, August 19th. They set a “sell” rating and a $112.00 price objective on the stock. Finally, UBS Group increased their price objective on Vertiv from $173.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Vertiv Price Performance

Shares of NYSE VRT opened at $179.63 on Friday. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. The business’s 50 day moving average price is $159.40 and its two-hundred day moving average price is $132.77. The company has a market cap of $68.68 billion, a PE ratio of 67.79, a price-to-earnings-growth ratio of 1.46 and a beta of 1.87. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $202.45.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same period last year, the firm posted $0.76 earnings per share. The business’s revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s payout ratio is 5.66%.

Insider Activity at Vertiv

In related news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction dated 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 completion of the sale, the insider 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 filing with the SEC, which is accessible through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the company’s 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 completion of the transaction, the director owned 133,333 shares in the company, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 180,952 shares of company stock valued at $23,360,571 in the last ninety days. Company insiders own 2.63% of the company’s stock.

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.