Rollins Financial Advisors LLC Cuts Holdings in Vertiv Holdings Co. $VRT

Rollins Financial Advisors LLC lessened its stake in Vertiv Holdings Co. (NYSE:VRT) by 59.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,630 shares of the company’s stock after selling 2,363 shares during the quarter. Rollins Financial Advisors LLC’s holdings in Vertiv were worth $209,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. GW&K Investment Management LLC purchased a new position in Vertiv in the first quarter worth approximately $26,000. SouthState Corp purchased a new stake in shares of Vertiv in the 1st quarter valued at approximately $27,000. Avion Wealth raised its holdings in shares of Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after purchasing an additional 106 shares in the last quarter. Sachetta LLC raised its holdings in shares of Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company’s stock valued at $32,000 after purchasing an additional 317 shares in the last quarter. Finally, OLD Point Trust & Financial Services N A purchased a new stake in shares of Vertiv during the 2nd quarter worth $32,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Vertiv

In related news, Director Steven Reinemund sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director owned 133,333 shares of the company’s stock, valued at $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Karsten Winther sold 41,654 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the sale, the insider directly owned 18,848 shares of the company’s stock, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 5.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Citigroup increased their target price on Vertiv from $192.00 to $198.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings downgraded Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. TD Cowen raised their target price on Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Glj Research initiated coverage on Vertiv in a report on Tuesday, August 19th. They issued a “sell” rating and a $112.00 price target for the company. Finally, Cfra Research upgraded shares of Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $177.81.

Vertiv Trading Down 1.9%

NYSE:VRT opened at $179.63 on Monday. The company has a market capitalization of $68.68 billion, a PE ratio of 67.79, a P/E/G ratio of 1.46 and a beta of 1.87. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $202.45. The stock’s 50 day moving average price is $159.40 and its 200 day moving average price is $133.16. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83.

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

Vertiv Announces Dividend

The firm 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 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

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.