Watts Gwilliam & Co. LLC Acquires 3,421 Shares of Vertiv Holdings Co. $VRT

Watts Gwilliam & Co. LLC lifted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 17.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,128 shares of the company’s stock after purchasing an additional 3,421 shares during the period. Watts Gwilliam & Co. LLC’s holdings in Vertiv were worth $3,283,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Promus Capital LLC purchased a new position in Vertiv in the second quarter valued at approximately $26,000. Avion Wealth grew its stake in shares of Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after acquiring an additional 106 shares during the period. OLD Point Trust & Financial Services N A purchased a new stake in Vertiv in the 2nd quarter worth about $32,000. DiNuzzo Private Wealth Inc. raised its stake in Vertiv by 780.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after acquiring an additional 234 shares during the period. Finally, University of Texas Texas AM Investment Management Co. purchased a new stake in Vertiv during the second quarter valued at about $37,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Trading Down 9.8%

Vertiv stock opened at $161.14 on Monday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45. The stock has a market cap of $61.61 billion, a P/E ratio of 60.81, a PEG ratio of 1.30 and a beta of 2.03. The firm’s fifty day moving average price is $177.10 and its 200-day moving average price is $146.48.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $0.99 by $0.25. The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The firm’s revenue was up 29.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. Equities research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.2%. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. Vertiv’s dividend payout ratio (DPR) is currently 9.43%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on VRT. TD Cowen boosted their price target on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. boosted their target price on shares of Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Mizuho raised their price target on Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Wolfe Research cut Vertiv from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, December 9th. Finally, Royal Bank Of Canada increased their price objective on Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and an average target price of $180.48.

Insiders Place Their Bets

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of Vertiv stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the completion of the sale, the executive vice president directly owned 4,050 shares in the company, valued at $690,444. The trade was a 57.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.01% 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.