Bulltick Wealth Management LLC Buys New Stake in Vertiv Holdings Co. $VRT

Bulltick Wealth Management LLC bought a new stake in Vertiv Holdings Co. (NYSE:VRT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 52,560 shares of the company’s stock, valued at approximately $6,749,000. Vertiv accounts for approximately 1.7% of Bulltick Wealth Management LLC’s investment portfolio, making the stock its 19th biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of VRT. FengHe Fund Management Pte. Ltd. acquired a new stake in shares of Vertiv in the 1st quarter worth $33,389,000. Nordea Investment Management AB raised its holdings in Vertiv by 100.1% during the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after purchasing an additional 1,624,456 shares in the last quarter. Fox Run Management L.L.C. lifted its position in Vertiv by 449.9% in the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock valued at $1,556,000 after purchasing an additional 17,627 shares during the period. iA Global Asset Management Inc. boosted its holdings in Vertiv by 130.2% in the 2nd quarter. iA Global Asset Management Inc. now owns 9,147 shares of the company’s stock valued at $1,175,000 after purchasing an additional 5,173 shares in the last quarter. Finally, Trilogy Capital Inc. purchased a new stake in Vertiv in the 2nd quarter valued at approximately $2,790,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Vertiv Stock Performance

Shares of VRT opened at $170.66 on Monday. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $202.45. The stock has a market cap of $65.25 billion, a P/E ratio of 64.40, a PEG ratio of 1.39 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. The company has a 50-day moving average of $164.34 and a two-hundred day moving average of $136.30.

Vertiv (NYSE:VRT) last released 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. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The business had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same period in the prior year, the business earned $0.76 earnings per share. The company’s quarterly revenue 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. As a group, research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th will be issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, November 25th. Vertiv’s payout ratio is presently 5.66%.

Analyst Upgrades and Downgrades

VRT has been the subject of several recent analyst reports. The Goldman Sachs Group set a $182.00 price target on Vertiv in a report on Thursday, October 23rd. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. TD Cowen upped their price target on shares of Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. KGI Securities upgraded shares of Vertiv from a “hold” rating to an “outperform” rating in a report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Vertiv from $150.00 to $206.00 and gave the stock an “overweight” 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 given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $177.81.

Insider Activity

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the company’s stock in a transaction dated 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 transaction, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 139,298 shares of company stock worth $17,770,188 over the last three months. 5.01% of the stock is currently owned by corporate insiders.

About Vertiv

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.