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3,795 Shares in Vertiv Holdings Co. $VRT Bought by Washington Capital Management Inc.

Vertiv logo with Computer and Technology background

Key Points

  • Washington Capital Management Inc. has acquired 3,795 shares of Vertiv Holdings Co. (NYSE: VRT), valued at approximately $487,000.
  • Institutional investors own 89.92% of Vertiv stock, highlighting strong interest in the company from hedge funds.
  • Vertiv's stock price target varies among analysts, with recent targets ranging from $112.00 (sell rating) to $165.00 (buy rating), indicating mixed sentiments in the market.
  • Five stocks we like better than Vertiv.

Washington Capital 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 3,795 shares of the company's stock, valued at approximately $487,000.

Several other hedge funds have also recently modified their holdings of VRT. GTS Securities LLC lifted its holdings in shares of Vertiv by 105.8% during the fourth quarter. GTS Securities LLC now owns 1,786 shares of the company's stock worth $203,000 after purchasing an additional 32,729 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in Vertiv by 30.6% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 768 shares of the company's stock valued at $55,000 after acquiring an additional 180 shares during the period. First Hawaiian Bank lifted its holdings in Vertiv by 17.3% in the first quarter. First Hawaiian Bank now owns 4,045 shares of the company's stock valued at $292,000 after acquiring an additional 598 shares during the period. AdvisorNet Financial Inc lifted its holdings in Vertiv by 522.3% in the first quarter. AdvisorNet Financial Inc now owns 921 shares of the company's stock valued at $66,000 after acquiring an additional 773 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Vertiv by 6,323.9% in the first quarter. GAMMA Investing LLC now owns 183,532 shares of the company's stock valued at $13,251,000 after acquiring an additional 180,675 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VRT has been the subject of a number of recent analyst reports. Glj Research initiated coverage on Vertiv in a report on Tuesday, August 19th. They issued a "sell" rating and a $112.00 target price for the company. Zacks Research raised Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. Wolfe Research reaffirmed an "outperform" rating and set a $155.00 price target on shares of Vertiv in a research note on Thursday, July 10th. Citigroup lifted their price target on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Finally, Melius raised Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target for the company in a research note on Tuesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $142.25.

Read Our Latest Research Report on Vertiv

Vertiv Trading Down 0.9%

Vertiv stock opened at $138.57 on Monday. The stock has a market cap of $52.92 billion, a PE ratio of 66.30, a P/E/G ratio of 1.22 and a beta of 1.78. The stock has a 50-day moving average price of $134.71 and a 200 day moving average price of $111.76. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84. 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 posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.83 by $0.12. The company had revenue of $2.64 billion during 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 firm's revenue was up 35.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were issued a $0.0375 dividend. The ex-dividend date was Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv's payout ratio is 7.18%.

Insiders Place Their Bets

In other Vertiv news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction dated 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 completion of the sale, the insider owned 12,803 shares in the company, valued at $1,630,334.02. The trade was a 63.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 value of $12,822,000.00. Following the completion of the sale, the director owned 133,333 shares of the company's stock, valued at $17,095,957.26. This trade represents a 42.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock worth $23,360,571 over the last 90 days. Corporate insiders own 5.01% of the company's stock.

Vertiv Profile

(Free Report)

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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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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