Zions Bancorporation National Association UT Buys New Shares in Vertiv Holdings Co. $VRT

Zions Bancorporation National Association UT bought a new position in shares of Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,106 shares of the company’s stock, valued at approximately $270,000.

Other large investors have also recently bought and sold shares of the company. GW&K Investment Management LLC acquired a new position in shares of Vertiv during the 1st quarter worth approximately $26,000. SouthState Corp bought a new position in shares of Vertiv in the first quarter valued at $27,000. Avion Wealth increased its holdings in Vertiv by 99.1% during the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after buying an additional 106 shares during the last quarter. Sachetta LLC increased its holdings in Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company’s stock worth $32,000 after buying an additional 317 shares during the last quarter. Finally, OLD Point Trust & Financial Services N A bought a new stake in Vertiv during the second quarter worth $32,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of analyst reports. Royal Bank Of Canada lifted their price objective on shares of Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Morgan Stanley boosted their price target on Vertiv from $165.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Oppenheimer upped their price objective on Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Bank of America lifted their target price on Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 17th. Finally, Deutsche Bank Aktiengesellschaft set a $216.00 target price on Vertiv and gave the stock a “buy” rating in a report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Vertiv presently has an average rating of “Moderate Buy” and an average price target of $177.81.

Vertiv Stock Performance

NYSE:VRT opened at $187.78 on Tuesday. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The stock has a 50 day simple moving average of $160.60 and a 200 day simple moving average of $133.89. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $202.45. The stock has a market cap of $71.80 billion, a P/E ratio of 70.86, a PEG ratio of 1.46 and a beta of 1.87.

Vertiv (NYSE:VRT) last posted its earnings results 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 company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company’s revenue was up 29.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Research analysts anticipate 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 given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio is presently 5.66%.

Insider Buying and Selling at Vertiv

In other news, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction that occurred on 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 sale, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul Ryan sold 22,218 shares of the business’s 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 sale, the insider owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 180,952 shares of company stock valued at $23,360,571 over the last ninety days. Company insiders own 5.01% of the company’s stock.

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.