Quotient Wealth Partners LLC purchased a new stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) during the second quarter, HoldingsChannel.com reports. The fund purchased 1,637 shares of the company’s stock, valued at approximately $210,000.
A number of other institutional investors also recently modified their holdings of VRT. GW&K Investment Management LLC bought a new position in shares of Vertiv in the first quarter valued at approximately $26,000. SouthState Corp bought a new position in shares of Vertiv in the first quarter valued at approximately $27,000. Sachetta LLC raised its position in shares of Vertiv by 242.0% in the first quarter. Sachetta LLC now owns 448 shares of the company’s stock valued at $32,000 after purchasing an additional 317 shares during the period. Banque Transatlantique SA bought a new position in shares of Vertiv in the first quarter valued at approximately $33,000. Finally, DiNuzzo Private Wealth Inc. raised its position in shares of Vertiv by 780.0% in the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after purchasing an additional 234 shares during the period. Institutional investors own 89.92% of the company’s stock.
Insider Activity
In other news, Director Jakki L. Haussler sold 15,680 shares of the business’s 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 owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of the business’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock worth $23,360,571 over the last 90 days. 5.01% of the stock is currently owned by company insiders.
Vertiv Stock Down 2.1%
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share 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 for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the company earned $0.67 earnings per share. The business’s revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.
Vertiv Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders 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 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is currently 7.18%.
Analyst Ratings Changes
A number of equities analysts have recently commented on VRT shares. Weiss Ratings lowered shares of Vertiv from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Oppenheimer boosted their target price on shares of Vertiv from $151.00 to $190.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft set a $216.00 target price on shares of Vertiv and gave the stock a “buy” rating in a research report on Wednesday. Melius raised shares of Vertiv from a “hold” rating to a “buy” rating and set a $165.00 target price on the stock in a research report on Tuesday, July 8th. Finally, Redburn Atlantic raised shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $160.30.
View Our Latest Stock Report on Vertiv
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.
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