3,526 Shares in Vertiv Holdings Co. $VRT Purchased by Summit X LLC

Summit X LLC bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,526 shares of the company’s stock, valued at approximately $453,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GW&K Investment Management LLC purchased a new position in Vertiv during the first quarter valued at $26,000. SouthState Corp bought a new position in shares of Vertiv during the 1st quarter valued at about $27,000. Avion Wealth grew its position in shares of Vertiv by 99.1% during the second 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 increased its holdings in shares of Vertiv by 242.0% in the first quarter. Sachetta LLC now owns 448 shares of the company’s stock worth $32,000 after purchasing an additional 317 shares during the last quarter. Finally, OLD Point Trust & Financial Services N A bought a new position in Vertiv during the second quarter valued at approximately $32,000. 89.92% of the stock is currently owned by institutional investors.

Vertiv Stock Down 1.9%

Shares of NYSE VRT opened at $179.63 on Monday. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $202.45. The firm has a 50-day simple moving average of $159.40 and a two-hundred day simple moving average of $133.16. The company has a market cap of $68.68 billion, a P/E ratio of 67.79, a PEG ratio of 1.46 and a beta of 1.87. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43.

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

Vertiv Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have issued reports on VRT. UBS Group lifted their price objective on Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Cfra Research upgraded shares of Vertiv to a “moderate buy” rating in a research report on Tuesday, October 7th. Barclays upped their price target on shares of Vertiv from $145.00 to $170.00 and gave the company an “equal weight” rating in a research note on Thursday, October 23rd. Roth Capital reissued a “buy” rating and issued a $195.00 price objective (up from $162.00) on shares of Vertiv in a research note on Tuesday, October 21st. Finally, Morgan Stanley upped their target price on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Insider Activity at Vertiv

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the transaction, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares of the company’s stock, valued at $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 180,952 shares of company stock valued at $23,360,571. 5.01% of the stock is owned by insiders.

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.