Vise Technologies Inc. Buys New Shares in Vertiv Holdings Co. $VRT

Vise Technologies Inc. purchased a new stake in shares of Vertiv Holdings Co. (NYSE:VRT) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 9,225 shares of the company’s stock, valued at approximately $1,185,000.

A number of other institutional investors have also recently bought and sold shares of the business. Stratos Wealth Partners LTD. grew its position in Vertiv by 15.0% in the 1st quarter. Stratos Wealth Partners LTD. now owns 3,873 shares of the company’s stock worth $280,000 after purchasing an additional 506 shares in the last quarter. Cerity Partners LLC raised its stake in Vertiv by 41.2% in the first quarter. Cerity Partners LLC now owns 68,670 shares of the company’s stock valued at $4,958,000 after purchasing an additional 20,048 shares in the last quarter. Stephens Inc. AR lifted its position in Vertiv by 566.3% during the first quarter. Stephens Inc. AR now owns 47,725 shares of the company’s stock valued at $3,446,000 after purchasing an additional 40,562 shares during the last quarter. CWM LLC boosted its stake in shares of Vertiv by 18.3% in the 1st quarter. CWM LLC now owns 30,210 shares of the company’s stock valued at $2,181,000 after purchasing an additional 4,682 shares in the last quarter. Finally, Edgestream Partners L.P. bought a new stake in Vertiv during the 1st quarter valued at $1,000,000. Institutional investors own 89.92% of the company’s stock.

Vertiv Trading Down 6.1%

VRT stock traded down $10.63 during trading on Thursday, reaching $162.74. 1,289,737 shares of the stock were exchanged, compared to its average volume of 8,697,238. The firm has a market capitalization of $62.22 billion, a price-to-earnings ratio of 61.69, a P/E/G ratio of 1.45 and a beta of 1.87. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $202.45. The business has a 50 day moving average price of $162.65 and a 200-day moving average price of $134.81.

Vertiv (NYSE:VRT) last posted 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. The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The firm’s quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter last year, the company posted $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were given a dividend of $0.0375 per share. The ex-dividend date 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%.

Insider Buying and Selling at Vertiv

In other 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 transaction of $12,822,000.00. Following the transaction, the director 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 document filed with the SEC, which is accessible through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the transaction, the insider owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 139,298 shares of company stock worth $17,770,188 in the last 90 days. 2.63% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Citigroup boosted their price objective 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. Oppenheimer lifted their target price on shares of Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. UBS Group raised their price objective on shares of Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Bank of America raised their price objective on Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 17th. Finally, KGI Securities upgraded Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Vertiv presently has a consensus rating of “Moderate Buy” and an average price target of $177.81.

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.