Hazlett Burt & Watson Inc. Has $456,000 Position in Vertiv Holdings Co. $VRT

Hazlett Burt & Watson Inc. raised its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 69.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,553 shares of the company’s stock after buying an additional 1,455 shares during the period. Hazlett Burt & Watson Inc.’s holdings in Vertiv were worth $456,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VRT. GW&K Investment Management LLC bought a new position in shares of Vertiv during the 1st quarter valued at $26,000. SouthState Corp bought a new position in shares of Vertiv during the 1st quarter valued at $27,000. North Star Investment Management Corp. raised its holdings in shares of Vertiv by 4,120.0% during the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock valued at $30,000 after purchasing an additional 412 shares in the last quarter. Sachetta LLC raised its holdings in shares of Vertiv by 242.0% during the 1st quarter. Sachetta LLC now owns 448 shares of the company’s stock valued at $32,000 after purchasing an additional 317 shares in the last quarter. Finally, Banque Transatlantique SA bought a new position in shares of Vertiv during the 1st quarter valued at $33,000. Institutional investors own 89.92% of the company’s stock.

Insider Activity at Vertiv

In other news, Director Jakki L. Haussler sold 15,680 shares of the business’s stock in a transaction dated 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 transaction, the director owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction dated 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 owned 12,803 shares in the company, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 180,952 shares of company stock worth $23,360,571. 5.01% of the stock is owned by company insiders.

Vertiv Stock Up 0.1%

Vertiv stock opened at $169.09 on Monday. The firm has a market cap of $64.57 billion, a price-to-earnings ratio of 80.90, a P/E/G ratio of 1.48 and a beta of 1.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $183.11. The firm has a fifty day moving average price of $139.45 and a two-hundred day moving average price of $116.89.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the firm posted $0.67 EPS. The business’s revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. The ex-dividend date was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is presently 7.18%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Evercore ISI raised their price target on shares of Vertiv from $165.00 to $180.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Wolfe Research restated an “outperform” rating and set a $155.00 price target on shares of Vertiv in a report on Thursday, July 10th. Mizuho boosted their target price on shares of Vertiv from $125.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 16th. Redburn Atlantic raised shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Finally, Melius raised shares of Vertiv from a “hold” rating to a “buy” rating and set a $165.00 target price for the company in a research report on Tuesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and a consensus target price of $149.84.

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.