National Wealth Management Group LLC Buys Shares of 6,618 Vertiv Holdings Co. $VRT

National Wealth Management Group LLC bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 6,618 shares of the company’s stock, valued at approximately $850,000.

Other hedge funds have also made changes to their positions in the company. Nordea Investment Management AB raised its stake in shares of Vertiv by 100.1% during the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after purchasing an additional 1,624,456 shares in the last quarter. iA Global Asset Management Inc. increased its stake in Vertiv by 130.2% during the 2nd quarter. iA Global Asset Management Inc. now owns 9,147 shares of the company’s stock valued at $1,175,000 after buying an additional 5,173 shares during the period. Westpac Banking Corp raised its position in shares of Vertiv by 100.2% during the 2nd quarter. Westpac Banking Corp now owns 12,812 shares of the company’s stock worth $1,645,000 after buying an additional 6,411 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of Vertiv by 134.9% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 291,036 shares of the company’s stock worth $37,372,000 after buying an additional 167,152 shares in the last quarter. Finally, Trilogy Capital Inc. acquired a new stake in shares of Vertiv in the 2nd quarter worth approximately $2,790,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Insider Buying and Selling at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the sale, the executive vice president owned 4,050 shares in the company, valued at $690,444. The trade was a 57.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.01% of the stock is currently owned by company insiders.

Vertiv Stock Performance

VRT opened at $161.14 on Monday. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. The firm has a market cap of $61.61 billion, a PE ratio of 60.81, a P/E/G ratio of 1.30 and a beta of 2.03. The business has a fifty day simple moving average of $177.10 and a 200-day simple moving average of $146.48. 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 announced its 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. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business had revenue of $2.68 billion during 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. Vertiv’s revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, equities analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be issued a $0.0625 dividend. 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 annualized dividend and a dividend yield of 0.2%. Vertiv’s dividend payout ratio is 9.43%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on VRT shares. Glj Research began coverage on Vertiv in a report on Tuesday, August 19th. They set a “sell” rating and a $112.00 target price on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Vertiv in a research report on Monday, December 8th. Evercore ISI boosted their price objective on Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. UBS Group raised their target price on Vertiv from $173.00 to $201.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Rothschild Redb raised Vertiv to a “hold” rating in a report on Wednesday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.48.

View Our Latest Analysis on VRT

Vertiv Profile

(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.

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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