AE Wealth Management LLC Boosts Position in Vertiv Holdings Co. $VRT

AE Wealth Management LLC raised its position in Vertiv Holdings Co. (NYSE:VRT) by 4.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,531 shares of the company’s stock after purchasing an additional 452 shares during the period. AE Wealth Management LLC’s holdings in Vertiv were worth $1,352,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GW&K Investment Management LLC bought a new position in shares of Vertiv during the 1st quarter valued at about $26,000. SouthState Corp purchased a new position in shares of Vertiv during the 1st quarter worth approximately $27,000. Avion Wealth grew its position in shares of Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after buying an additional 106 shares during the period. Sachetta LLC boosted its position in shares of Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company’s stock worth $32,000 after purchasing an additional 317 shares in the last quarter. Finally, OLD Point Trust & Financial Services N A bought a new position in shares of Vertiv during the second quarter valued at $32,000. Institutional investors own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Citigroup increased their target price on Vertiv from $192.00 to $198.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Royal Bank Of Canada lifted their target price on shares of Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Redburn Atlantic upgraded shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Rothschild Redb upgraded shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. Finally, Oppenheimer boosted their price target on shares of Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Two research 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $177.81.

Vertiv Stock Performance

NYSE VRT opened at $173.28 on Thursday. The business’s 50 day moving average price is $162.65 and its 200-day moving average price is $134.81. The company has a market cap of $66.25 billion, a P/E ratio of 65.39, a P/E/G ratio of 1.45 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. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45.

Vertiv (NYSE:VRT) last issued its quarterly 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. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The firm’s revenue was up 29.0% compared to the same quarter last year. During the same period in the prior year, the firm 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. Sell-side analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were issued 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 presently 5.66%.

Insiders Place Their Bets

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the sale, the director 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction on Monday, September 8th. The shares were 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. In the last ninety days, insiders sold 139,298 shares of company stock worth $17,770,188. 2.63% of the stock is currently owned by company insiders.

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.