Chokshi & Queen Wealth Advisors Inc Makes New $490,000 Investment in Vertiv Holdings Co. $VRT

Key Points

• Chokshi & Queen Wealth Advisors Inc purchased 6,780 shares of Vertiv Holdings Co. for about $490,000, indicating institutional interest in the company.
• Vertiv reported a 35.1% increase in revenue year-over-year and an earnings per share (EPS) of $0.95, surpassing analyst expectations of $0.83.
• Several analysts have raised their target prices for Vertiv's stock, with UBS Group increasing it from $135 to $173, reflecting strong market confidence in the company's growth.

Chokshi & Queen Wealth Advisors Inc purchased a new stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,780 shares of the company's stock, valued at approximately $490,000.

A number of other institutional investors and hedge funds also recently modified their holdings of VRT. Amundi increased its stake in shares of Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock valued at $469,490,000 after acquiring an additional 3,420,144 shares during the last quarter. 1832 Asset Management L.P. increased its stake in shares of Vertiv by 985.3% in the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock valued at $166,183,000 after acquiring an additional 2,089,612 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Vertiv by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares during the last quarter. Nuveen LLC bought a new stake in shares of Vertiv in the 1st quarter valued at about $77,820,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Vertiv by 54.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock valued at $263,000,000 after purchasing an additional 812,389 shares during the period. 89.92% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction 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 sale, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the stock in a transaction on 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 in the company, valued at approximately $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 a total of 180,952 shares of company stock worth $23,360,571 in the last quarter. Insiders own 2.63% of the company's stock.

Vertiv Stock Down 0.6%

Shares of NYSE VRT traded down $0.81 during trading hours on Friday, hitting $134.90. The company had a trading volume of 4,063,625 shares, compared to its average volume of 6,334,653. The stock has a market capitalization of $51.51 billion, a P/E ratio of 64.55, a price-to-earnings-growth ratio of 1.20 and a beta of 1.78. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $155.84. The firm's 50 day moving average is $131.73 and its 200-day moving average is $107.66.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data 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 the consensus estimate of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Zacks Research raised Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. Melius Research raised Vertiv from a "hold" rating to a "strong-buy" rating and increased their target price for the stock from $134.00 to $165.00 in a research note on Tuesday, July 8th. Citigroup increased their target price on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. UBS Group increased their target price on Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, Oppenheimer increased their target price on Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $142.00.

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.