McGlone Suttner Wealth Management Inc. Makes New $261,000 Investment in Vertiv Holdings Co. $VRT

Key Points

• McGlone Suttner Wealth Management Inc. purchased 2,034 shares of Vertiv Holdings Co., valued at approximately $261,000, in the 2nd quarter of the year.
• Insider sales at Vertiv included Paul Ryan, who sold 22,218 shares for approximately $2.8 million, and Steven Reinemund, who sold 100,000 shares for around $12.8 million.
• Analysts upgraded Vertiv's stock ratings, with several setting new price targets, resulting in an average price target of $142.00 and a consensus rating of "Moderate Buy."

McGlone Suttner Wealth Management Inc. purchased a new position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,034 shares of the company's stock, valued at approximately $261,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VRT. GAMMA Investing LLC raised its stake in shares of Vertiv by 13.8% during the 2nd quarter. GAMMA Investing LLC now owns 2,893 shares of the company's stock worth $371,000 after buying an additional 351 shares during the last quarter. Clear Harbor Asset Management LLC raised its position in shares of Vertiv by 49.5% in the 2nd quarter. Clear Harbor Asset Management LLC now owns 10,910 shares of the company's stock valued at $1,401,000 after purchasing an additional 3,610 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of Vertiv in the 2nd quarter valued at approximately $1,628,000. Avanza Fonder AB grew its stake in Vertiv by 7.7% during the 2nd quarter. Avanza Fonder AB now owns 35,269 shares of the company's stock worth $4,529,000 after buying an additional 2,527 shares during the last quarter. Finally, Wealth Management Partners LLC boosted its position in Vertiv by 27.8% during the 2nd quarter. Wealth Management Partners LLC now owns 14,682 shares of the company's stock worth $1,854,000 after acquiring an additional 3,197 shares during the period. Institutional investors and hedge funds own 89.92% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Melius upgraded Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective for the company in a report on Tuesday, July 8th. JPMorgan Chase & Co. raised their target price on Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. William Blair began coverage on Vertiv in a research report on Monday, July 28th. They set an "outperform" rating for the company. The Goldman Sachs Group reiterated a "buy" rating on shares of Vertiv in a research report on Friday, July 11th. Finally, Zacks Research raised Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Stock Performance

Shares of VRT stock traded up $8.12 during trading on Monday, hitting $151.72. The company's stock had a trading volume of 8,528,292 shares, compared to its average volume of 6,326,889. The business has a fifty day moving average of $133.72 and a 200-day moving average of $110.13. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84. The company has a market cap of $57.94 billion, a PE ratio of 72.59, a P/E/G ratio of 1.27 and a beta of 1.78. 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 (NYSE:VRT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.12. The firm had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The company's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period last year, the firm earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, research analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, September 15th will be given a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv's dividend payout ratio (DPR) is currently 7.18%.

Insider Buying and Selling at Vertiv

In other news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction dated 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 completion of the transaction, the director owned 4,631 shares in the company, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the firm's stock in a transaction that occurred on 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 owned 133,333 shares in the company, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 180,952 shares of company stock valued at $23,360,571. Insiders own 5.01% of the company's stock.

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.