Inspire Investing LLC raised its holdings in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 79.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,831 shares of the company’s stock after buying an additional 5,665 shares during the period. Inspire Investing LLC’s holdings in Vertiv were worth $926,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of VRT. GW&K Investment Management LLC acquired a new stake in Vertiv in the first quarter valued at $26,000. SouthState Corp acquired a new stake in shares of Vertiv during the first quarter worth about $27,000. North Star Investment Management Corp. increased its position in shares of 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 in the last quarter. Sachetta LLC increased its position in shares of 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 in the last quarter. Finally, Banque Transatlantique SA acquired a new stake in shares of Vertiv during the first quarter worth about $33,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Vertiv news, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the sale, the director owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction that occurred 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 completion of the sale, the director directly owned 4,631 shares in the company, valued at $573,873.52. This represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock worth $23,360,571 over the last quarter. 2.63% of the stock is owned by company insiders.
Analyst Ratings Changes
Check Out Our Latest Research Report on VRT
Vertiv Stock Performance
NYSE VRT opened at $134.90 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $155.84. The business’s 50-day moving average price is $131.73 and its 200 day moving average price is $107.66. The firm has a market cap of $51.51 billion, a P/E ratio of 64.55, a P/E/G ratio of 1.20 and a beta of 1.78.
Vertiv (NYSE:VRT – Get Free Report) last released 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. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the company posted $0.67 earnings per share. The business’s revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.
Vertiv Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be issued a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, September 15th. Vertiv’s payout ratio is currently 7.18%.
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.
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