Wedmont Private Capital grew its stake in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 57.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,823 shares of the company’s stock after acquiring an additional 2,839 shares during the quarter. Wedmont Private Capital’s holdings in Vertiv were worth $1,907,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in VRT. Sachetta LLC raised its holdings in shares of Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after purchasing an additional 36 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in Vertiv by 60.5% in the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock worth $33,000 after purchasing an additional 49 shares during the last quarter. Burkett Financial Services LLC purchased a new stake in Vertiv in the third quarter worth approximately $35,000. GoalVest Advisory LLC grew its position in Vertiv by 87.3% in the 2nd quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock worth $50,000 after purchasing an additional 69 shares during the period. Finally, Center for Financial Planning Inc. grew its position in Vertiv by 554.2% in the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after purchasing an additional 133 shares during the period. 89.92% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the transaction, the director owned 16,500 shares of the company’s stock, valued at $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Vertiv Trading Down 0.3%
Shares of Vertiv stock opened at $242.91 on Friday. Vertiv Holdings Co. has a 1-year low of $147.82 and a 1-year high of $379.93. The company’s fifty day simple moving average is $260.50 and its 200-day simple moving average is $290.04. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The stock has a market capitalization of $93.52 billion, a PE ratio of 54.96, a P/E/G ratio of 0.91 and a beta of 2.05.
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%. The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period in the prior year, the business posted $0.95 EPS. Vertiv’s revenue was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, equities analysts anticipate that Vertiv Holdings Co. will post 6.73 earnings per share for the current year.
Vertiv Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Monday, September 14th were given a $0.0625 dividend. The ex-dividend date was Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.
Vertiv Profile
Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.
Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.
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