4,087 Shares in Vertiv Holdings Co. $VRT Acquired by Maridea Wealth Management LLC

Maridea Wealth Management LLC acquired a new stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,087 shares of the company's stock, valued at approximately $525,000.

Other institutional investors also recently modified their holdings of the company. Amundi increased its stake in shares of Vertiv by 96.8% in the first quarter. Amundi now owns 6,951,773 shares of the company's stock worth $469,490,000 after acquiring an additional 3,420,144 shares during the last quarter. 1832 Asset Management L.P. boosted its position in Vertiv by 985.3% during the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock valued at $166,183,000 after purchasing an additional 2,089,612 shares during the last quarter. Vanguard Group Inc. grew its stake in Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after purchasing an additional 1,359,070 shares in the last quarter. Nuveen LLC acquired a new position in Vertiv in the 1st quarter worth about $77,820,000. Finally, Fred Alger Management LLC raised its stake in shares of Vertiv by 19.6% during the 1st quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock worth $252,416,000 after purchasing an additional 572,545 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Price Performance

Shares of Vertiv stock opened at $139.68 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The firm has a fifty day simple moving average of $134.52 and a 200-day simple moving average of $111.00. The stock has a market capitalization of $53.34 billion, a price-to-earnings ratio of 66.83, a PEG ratio of 1.25 and a beta of 1.78. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $155.84.

Vertiv (NYSE:VRT - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.83 by $0.12. The firm had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. During the same quarter last year, the firm posted $0.67 EPS. The business's quarterly revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, sell-side analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors 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 annualized dividend and a yield of 0.1%. Vertiv's dividend payout ratio is presently 7.18%.

Insiders Place Their Bets

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the company's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the transaction, the director owned 4,631 shares of the company's stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock worth $23,360,571 in the last 90 days. 2.63% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently commented on VRT. Roth Capital reissued a "buy" rating and issued a $162.00 price target on shares of Vertiv in a research note on Thursday. Evercore ISI reiterated an "outperform" rating on shares of Vertiv in a research note on Thursday, July 10th. Glj Research assumed coverage on shares of Vertiv in a research note on Tuesday, August 19th. They set a "sell" rating and a $112.00 price target on the stock. Zacks Research upgraded shares of Vertiv to a "strong-buy" rating in a report on Monday, August 11th. Finally, Melius upgraded shares of 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. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Vertiv presently has an average rating of "Moderate Buy" and an average target price of $142.25.

Vertiv Company 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.

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.