Geneos Wealth Management Inc. Raises Stock Position in Vertiv Holdings Co. $VRT

Geneos Wealth Management Inc. boosted its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 51.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,243 shares of the company’s stock after purchasing an additional 1,096 shares during the period. Geneos Wealth Management Inc.’s holdings in Vertiv were worth $234,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new position in Vertiv during the fourth quarter worth about $37,000. GW&K Investment Management LLC purchased a new position in Vertiv during the first quarter worth about $26,000. SouthState Corp purchased a new position in Vertiv during the first quarter worth about $27,000. North Star Investment Management Corp. raised its stake in Vertiv by 4,120.0% during the first quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock worth $30,000 after purchasing an additional 412 shares during the period. Finally, Sachetta LLC raised its stake in Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company’s stock worth $32,000 after purchasing an additional 317 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on VRT shares. Melius Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating and lifted their target price for the stock from $134.00 to $165.00 in a research note on Tuesday, July 8th. Royal Bank Of Canada lifted their price target on shares of Vertiv from $143.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Zacks Research upgraded shares of Vertiv to a “strong-buy” rating in a research report on Monday, August 11th. Morgan Stanley reiterated an “overweight” rating on shares of Vertiv in a research report on Sunday, August 10th. Finally, Rothschild Redb upgraded shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $142.00.

Insider Activity at Vertiv

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the 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 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 2.63% of the company’s stock.

Vertiv Stock Up 2.8%

Shares of Vertiv stock opened at $138.55 on Tuesday. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $155.84. The company has a 50 day moving average of $131.97 and a 200 day moving average of $108.14. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $52.91 billion, a P/E ratio of 66.29, a P/E/G ratio of 1.19 and a beta of 1.78.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12. The company had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv’s dividend payout ratio is currently 7.18%.

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.