Bogart Wealth LLC Acquires 274 Shares of Vertiv Holdings Co. $VRT

Bogart Wealth LLC lifted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 22.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,472 shares of the company’s stock after acquiring an additional 274 shares during the quarter. Bogart Wealth LLC’s holdings in Vertiv were worth $189,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VRT. FengHe Fund Management Pte. Ltd. bought a new position in Vertiv in the 1st quarter worth $33,389,000. Fox Run Management L.L.C. raised its stake in Vertiv by 449.9% in the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock worth $1,556,000 after buying an additional 17,627 shares in the last quarter. Trilogy Capital Inc. purchased a new stake in Vertiv in the second quarter worth about $2,790,000. Maxi Investments CY Ltd lifted its holdings in Vertiv by 160.3% in the first quarter. Maxi Investments CY Ltd now owns 26,025 shares of the company’s stock worth $1,879,000 after buying an additional 16,025 shares during the period. Finally, Nordea Investment Management AB boosted its position in Vertiv by 100.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after acquiring an additional 1,624,456 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Insiders Place Their Bets

In other news, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction dated 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 transaction, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock valued at $23,360,571 in the last ninety days. Insiders own 5.01% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. increased their target price on Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Zacks Research cut Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. Citigroup raised their price objective on Vertiv from $167.00 to $192.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Barclays upped their target price on shares of Vertiv from $128.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 1st. Finally, Oppenheimer lifted their target price on shares of Vertiv from $151.00 to $190.00 and gave the company an “outperform” rating in a report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and an average target price of $161.30.

Vertiv Stock Performance

Shares of VRT opened at $175.90 on Tuesday. The business has a 50-day simple moving average of $143.94 and a two-hundred day simple moving average of $121.34. 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 52 week low of $53.60 and a 52 week high of $184.44. The stock has a market cap of $67.17 billion, a price-to-earnings ratio of 84.16, a PEG ratio of 1.50 and a beta of 1.84.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the previous year, the company posted $0.67 EPS. The firm’s revenue 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 EPS for the current year.

Vertiv Announces Dividend

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