Rockline Wealth Management LLC Boosts Holdings in Vertiv Holdings Co. $VRT

Rockline Wealth Management LLC increased its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 10.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,106 shares of the company’s stock after buying an additional 1,338 shares during the quarter. Rockline Wealth Management LLC’s holdings in Vertiv were worth $1,811,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. GW&K Investment Management LLC purchased a new position in shares of Vertiv during the 1st quarter worth approximately $26,000. SouthState Corp purchased a new position in Vertiv in the 1st quarter valued at approximately $27,000. Avion Wealth raised its stake in shares of Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after acquiring an additional 106 shares in the last quarter. Sachetta LLC raised its position in Vertiv by 242.0% in 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, OLD Point Trust & Financial Services N A acquired a new stake in Vertiv in the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Ratings Changes

VRT has been the subject of a number of analyst reports. Citigroup boosted their target price on shares of Vertiv from $192.00 to $198.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Morgan Stanley lifted their target price on Vertiv from $165.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Melius Research raised Vertiv from a “hold” rating to a “strong-buy” rating and lifted their price target for the stock from $134.00 to $165.00 in a research report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft set a $216.00 target price on shares of Vertiv and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Melius raised shares of Vertiv from a “hold” rating to a “buy” rating and set a $165.00 price objective on the stock in a research report on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $177.81.

Insider Activity at Vertiv

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director directly owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following 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 position. The SEC filing for this sale provides additional information. Insiders have sold a total of 180,952 shares of company stock valued at $23,360,571 over the last 90 days. Company insiders own 5.01% of the company’s stock.

Vertiv Stock Down 0.8%

Shares of Vertiv stock opened at $191.36 on Tuesday. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $202.45. The company has a market cap of $73.16 billion, a P/E ratio of 72.21, a PEG ratio of 1.56 and a beta of 1.87. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. The firm has a fifty day moving average of $155.10 and a two-hundred day moving average of $130.04.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. 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 company posted $0.76 earnings per share. The firm’s revenue for the quarter 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. On average, analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders 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 yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 5.66%.

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.