Prospect Financial Services LLC Has $362,000 Stake in Vertiv Holdings Co. $VRT

Prospect Financial Services LLC reduced its holdings in Vertiv Holdings Co. (NYSE:VRT) by 11.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,819 shares of the company’s stock after selling 376 shares during the quarter. Prospect Financial Services LLC’s holdings in Vertiv were worth $362,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VRT. Presidio Capital Management LLC increased its stake in Vertiv by 1.3% during the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock worth $772,000 after purchasing an additional 80 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Vertiv by 4.0% in the second quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock valued at $285,000 after buying an additional 86 shares during the period. Grandview Asset Management LLC boosted its holdings in shares of Vertiv by 2.8% in the second quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock valued at $454,000 after buying an additional 96 shares during the period. Ameriflex Group Inc. increased its position in shares of Vertiv by 14.9% during the second quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock worth $95,000 after acquiring an additional 100 shares in the last quarter. Finally, Avion Wealth raised its holdings in shares of Vertiv by 99.1% during the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after acquiring an additional 106 shares during the period. Institutional investors own 89.92% of the company’s stock.

Vertiv Trading Down 5.7%

Vertiv stock opened at $163.41 on Friday. The company has a market cap of $62.48 billion, a price-to-earnings ratio of 61.66, a P/E/G ratio of 1.41 and a beta of 1.87. The firm has a 50-day moving average of $163.41 and a 200-day moving average of $135.01. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $202.45.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same quarter in the prior year, the company posted $0.76 earnings per share. Vertiv’s 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. On average, equities analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio is presently 5.66%.

Analyst Ratings Changes

A number of brokerages recently weighed in on VRT. Cowen set a $210.00 target price on shares of Vertiv in a research note on Thursday, October 23rd. Royal Bank Of Canada boosted their price target on Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft set a $216.00 price objective on Vertiv and gave the stock a “buy” rating in a research report on Wednesday, October 15th. JPMorgan Chase & Co. increased their price objective on Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Finally, Rothschild Redb upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $177.81.

Insider Activity at Vertiv

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the sale, the insider owned 12,803 shares in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the transaction, the director directly owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 139,298 shares of company stock valued at $17,770,188. 2.63% of the stock is owned by corporate insiders.

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.