Barrett & Company Inc. increased its holdings in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 3,200.0% in the 2nd quarter, Holdings Channel reports. The fund owned 825 shares of the company’s stock after buying an additional 800 shares during the quarter. Barrett & Company Inc.’s holdings in Vertiv were worth $106,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the business. Copeland Capital Management LLC increased its stake in shares of Vertiv by 42.8% in the 2nd quarter. Copeland Capital Management LLC now owns 13,266 shares of the company’s stock worth $1,703,000 after acquiring an additional 3,973 shares in the last quarter. Synergy Asset Management LLC bought a new position in shares of Vertiv in the 2nd quarter worth about $336,000. Barton Investment Management bought a new position in shares of Vertiv in the 2nd quarter worth about $295,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Vertiv by 41.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 139,859 shares of the company’s stock worth $17,959,000 after acquiring an additional 41,094 shares in the last quarter. Finally, ASR Vermogensbeheer N.V. increased its stake in shares of Vertiv by 78.4% in the 2nd quarter. ASR Vermogensbeheer N.V. now owns 25,190 shares of the company’s stock worth $3,234,000 after acquiring an additional 11,068 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Vertiv
In related news, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the transaction, the insider directly owned 18,848 shares in the company, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Read Our Latest Stock Report on VRT
Vertiv Stock Performance
Shares of NYSE VRT opened at $160.45 on Friday. The firm’s 50-day moving average price is $137.27 and its 200-day moving average price is $113.78. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The company has a market cap of $61.27 billion, a PE ratio of 76.77, a PEG ratio of 1.42 and a beta of 1.84. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $168.99.
Vertiv (NYSE:VRT – Get Free Report) last announced its quarterly earnings results 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. The firm had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, 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. 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 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 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.
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