Global Retirement Partners LLC Makes New $1.80 Million Investment in Vertiv Holdings Co. $VRT

Global Retirement Partners LLC purchased a new stake in Vertiv Holdings Co. (NYSE:VRTFree Report) in the 2nd quarter, Holdings Channel reports. The firm purchased 14,002 shares of the company’s stock, valued at approximately $1,798,000.

A number of other large investors have also made changes to their positions in the company. Richard W. Paul & Associates LLC grew its stake in Vertiv by 0.9% in the second quarter. Richard W. Paul & Associates LLC now owns 8,804 shares of the company’s stock valued at $1,130,000 after acquiring an additional 79 shares during the period. Presidio Capital Management LLC grew its position in shares of Vertiv by 1.3% in the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock valued at $772,000 after purchasing an additional 80 shares during the period. Glass Jacobson Investment Advisors llc increased its stake in Vertiv by 4.0% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock worth $285,000 after purchasing an additional 86 shares in the last quarter. Grandview Asset Management LLC raised its holdings in Vertiv by 2.8% during the 2nd quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock worth $454,000 after buying an additional 96 shares during the period. Finally, Ameriflex Group Inc. lifted its stake in Vertiv by 14.9% in the second quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock valued at $95,000 after buying an additional 100 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

Shares of NYSE VRT opened at $172.36 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. The business has a 50-day moving average of $169.68 and a 200-day moving average of $140.04. The stock has a market capitalization of $65.90 billion, a price-to-earnings ratio of 65.04, a PEG ratio of 1.38 and a beta of 1.87. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45.

Vertiv (NYSE:VRTGet Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.99 by $0.25. The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, sell-side analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be issued a dividend of $0.0625 per share. The ex-dividend date is Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 9.43%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on VRT. TD Cowen increased their price objective on shares of Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft set a $216.00 price target on Vertiv and gave the company a “buy” rating in a research note on Wednesday, October 15th. JPMorgan Chase & Co. boosted their price target on Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Royal Bank Of Canada increased their price objective on Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Finally, Roth Capital reissued a “buy” rating and issued a $195.00 target price (up previously from $162.00) on shares of Vertiv in a research report on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Check Out Our Latest Stock Analysis on VRT

Insider Buying and Selling at Vertiv

In other Vertiv news, 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 value of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares in the company, valued at $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $170.48, for a total transaction of $937,810.48. Following the transaction, the executive vice president owned 4,050 shares in the company, valued at $690,444. This represents a 57.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.63% of the company’s stock.

About Vertiv

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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