Ibex Wealth Advisors Boosts Stock Position in Vertiv Holdings Co. $VRT

Ibex Wealth Advisors boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 27.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,862 shares of the company’s stock after purchasing an additional 20,123 shares during the quarter. Vertiv comprises about 1.3% of Ibex Wealth Advisors’ investment portfolio, making the stock its 18th largest position. Ibex Wealth Advisors’ holdings in Vertiv were worth $12,053,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VRT. Envestnet Asset Management Inc. grew its position in Vertiv by 3.2% in the first quarter. Envestnet Asset Management Inc. now owns 480,639 shares of the company’s stock worth $34,702,000 after acquiring an additional 15,104 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of Vertiv by 37.5% in the 1st quarter. TD Private Client Wealth LLC now owns 510 shares of the company’s stock worth $37,000 after purchasing an additional 139 shares during the period. Crossmark Global Holdings Inc. boosted its holdings in shares of Vertiv by 12.4% in the 1st quarter. Crossmark Global Holdings Inc. now owns 3,275 shares of the company’s stock worth $236,000 after purchasing an additional 361 shares during the period. Stratos Wealth Partners LTD. increased its position in shares of Vertiv by 15.0% during the 1st quarter. Stratos Wealth Partners LTD. now owns 3,873 shares of the company’s stock valued at $280,000 after purchasing an additional 506 shares during the last quarter. Finally, Leavell Investment Management Inc. raised its holdings in Vertiv by 35.1% during the 1st quarter. Leavell Investment Management Inc. now owns 3,330 shares of the company’s stock valued at $240,000 after buying an additional 865 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Stock Down 1.9%

Shares of Vertiv stock 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 company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. The stock has a market cap of $68.68 billion, a price-to-earnings ratio of 67.79, a PEG ratio of 1.46 and a beta of 1.87. The firm’s 50-day moving average is $159.40 and its two-hundred day moving average is $133.16.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the prior year, the business posted $0.76 EPS. The firm’s quarterly revenue 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. As a group, research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s payout ratio is 5.66%.

Insider Activity

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction that occurred 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 directly 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 Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the transaction, the director directly owned 133,333 shares in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 180,952 shares of company stock worth $23,360,571. 5.01% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VRT. Rothschild & Co Redburn began coverage on shares of Vertiv in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 target price on the stock. Roth Capital reissued a “buy” rating and issued a $195.00 price objective (up from $162.00) on shares of Vertiv in a research report on Tuesday, October 21st. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Cfra Research raised Vertiv to a “moderate buy” rating in a research note on Tuesday, October 7th. Finally, JPMorgan Chase & Co. raised their price target on Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Company 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.