Vertiv Holdings Co. $VRT Shares Bought by Blue Trust Inc.

Blue Trust Inc. grew its stake in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 220.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 4,746 shares of the company’s stock after acquiring an additional 3,263 shares during the period. Blue Trust Inc.’s holdings in Vertiv were worth $609,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in VRT. GW&K Investment Management LLC purchased a new position in Vertiv in the first quarter valued at about $26,000. SouthState Corp acquired a new stake in shares of Vertiv in the 1st quarter worth approximately $27,000. North Star Investment Management Corp. increased its stake in Vertiv by 4,120.0% in the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock valued at $30,000 after purchasing an additional 412 shares in the last quarter. Sachetta LLC increased its stake in Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company’s stock valued at $32,000 after purchasing an additional 317 shares in the last quarter. Finally, Banque Transatlantique SA acquired a new position in Vertiv during the first quarter worth $33,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

NYSE VRT opened at $169.09 on Monday. The business’s 50-day moving average price is $139.45 and its 200 day moving average price is $116.89. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $183.11. The company has a market capitalization of $64.57 billion, a PE ratio of 80.90, a price-to-earnings-growth ratio of 1.48 and a beta of 1.84.

Vertiv (NYSE:VRTGet Free Report) last posted its 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 net margin of 8.93% and a return on equity of 51.64%. The firm had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the prior year, the company earned $0.67 EPS. The company’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, research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were paid a dividend of $0.0375 per share. The ex-dividend date was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 7.18%.

Insiders Place Their Bets

In other Vertiv news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on 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. The trade was a 63.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade 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 valued at $23,360,571 in the last three months. 5.01% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

VRT has been the topic of a number of research reports. Citigroup increased their price objective on shares of Vertiv from $167.00 to $192.00 and gave the company a “buy” rating in a research note on Thursday. Zacks Research lowered shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. Roth Capital reissued a “buy” rating and set a $162.00 price objective on shares of Vertiv in a research note on Thursday, September 25th. Mizuho upped their target price on Vertiv from $125.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, July 16th. Finally, Melius Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating and increased their target price for the company from $134.00 to $165.00 in a report on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $149.84.

Check Out Our Latest Analysis on Vertiv

Vertiv Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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