Golden State Wealth Management LLC Has $749,000 Stock Position in Vertiv Holdings Co. $VRT

Golden State Wealth Management LLC lifted its position in Vertiv Holdings Co. (NYSE:VRT) by 5.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,830 shares of the company’s stock after buying an additional 297 shares during the quarter. Golden State Wealth Management LLC’s holdings in Vertiv were worth $749,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Avion Wealth raised its stake in Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after purchasing an additional 106 shares during the period. OLD Point Trust & Financial Services N A purchased a new position in shares of Vertiv during the second quarter valued at $32,000. DiNuzzo Private Wealth Inc. raised its position in 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. University of Texas Texas AM Investment Management Co. purchased a new stake in Vertiv in the 2nd quarter worth about $37,000. Finally, Garde Capital Inc. boosted its position in Vertiv by 1,886.7% during the 2nd quarter. Garde Capital Inc. now owns 298 shares of the company’s stock worth $38,000 after acquiring an additional 283 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

Shares of Vertiv stock opened at $183.40 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The firm has a fifty day simple moving average of $158.36 and a 200-day simple moving average of $131.57. The stock has a market capitalization of $70.12 billion, a price-to-earnings ratio of 69.21, a PEG ratio of 1.55 and a beta of 1.87. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $202.45.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter last year, the firm posted $0.76 EPS. The business’s quarterly 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, sell-side analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given 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 currently 5.66%.

Insiders Place Their Bets

In related news, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction on 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 directly owned 133,333 shares in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director directly owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 180,952 shares of company stock valued at $23,360,571 in the last three months. 2.63% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on VRT. William Blair began coverage on Vertiv in a report on Monday, July 28th. They issued an “outperform” rating on the stock. Cfra Research upgraded shares of Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. Morgan Stanley lifted their target price on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. Finally, Oppenheimer lifted their price objective on Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and a consensus price target of $177.81.

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.