Koshinski Asset Management Inc. Grows Stock Position in Vertiv Holdings Co. $VRT

Koshinski Asset Management Inc. lifted its stake in Vertiv Holdings Co. (NYSE:VRT) by 12.1% during the second quarter, Holdings Channel reports. The institutional investor owned 13,853 shares of the company’s stock after acquiring an additional 1,491 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Vertiv were worth $1,779,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. DiNuzzo Private Wealth Inc. boosted its position in Vertiv by 780.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after purchasing an additional 234 shares in the last quarter. Garde Capital Inc. boosted its holdings in Vertiv by 1,886.7% during the second quarter. Garde Capital Inc. now owns 298 shares of the company’s stock worth $38,000 after buying an additional 283 shares in the last quarter. Tradewinds Capital Management LLC grew its position in Vertiv by 69.0% during the second quarter. Tradewinds Capital Management LLC now owns 343 shares of the company’s stock valued at $44,000 after buying an additional 140 shares during the period. GW&K Investment Management LLC purchased a new position in Vertiv in the first quarter valued at $26,000. Finally, SouthState Corp purchased a new position in Vertiv in the first quarter valued at $27,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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 value of $12,822,000.00. Following the completion of the sale, the director directly owned 133,333 shares in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock valued at $23,360,571 over the last ninety days. 2.63% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

VRT has been the topic of a number of analyst reports. Cfra Research upgraded Vertiv to a “moderate buy” rating in a research report on Tuesday, October 7th. The Goldman Sachs Group set a $159.00 price objective on Vertiv in a report on Monday, September 29th. Zacks Research downgraded Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. William Blair assumed coverage on Vertiv in a research report on Monday, July 28th. They set an “outperform” rating on the stock. Finally, Melius Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating and boosted their price target for the stock from $134.00 to $165.00 in a report on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $160.30.

Vertiv Stock Down 2.1%

NYSE VRT opened at $174.11 on Friday. The business has a fifty day moving average price of $143.22 and a 200 day moving average price of $120.16. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The company has a market cap of $66.49 billion, a P/E ratio of 83.31, a P/E/G ratio of 1.50 and a beta of 1.84. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $184.44.

Vertiv (NYSE:VRT) last released 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. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Announces Dividend

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

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.