Advisors Asset Management Inc. Has $1.06 Million Stock Holdings in Vertiv Holdings Co. $VRT

Advisors Asset Management Inc. raised its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 33.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,629 shares of the company's stock after purchasing an additional 3,673 shares during the quarter. Advisors Asset Management Inc.'s holdings in Vertiv were worth $1,056,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC increased its position in shares of Vertiv by 3.1% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 3,226 shares of the company's stock worth $367,000 after acquiring an additional 97 shares during the period. Commerce Bank increased its position in shares of Vertiv by 0.7% during the first quarter. Commerce Bank now owns 20,739 shares of the company's stock worth $1,497,000 after acquiring an additional 134 shares during the period. TD Private Client Wealth LLC increased its position in shares of Vertiv by 37.5% during the first quarter. TD Private Client Wealth LLC now owns 510 shares of the company's stock worth $37,000 after acquiring an additional 139 shares during the period. Forum Financial Management LP increased its position in shares of Vertiv by 5.4% during the first quarter. Forum Financial Management LP now owns 2,852 shares of the company's stock worth $206,000 after acquiring an additional 147 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of Vertiv by 30.6% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 768 shares of the company's stock worth $55,000 after acquiring an additional 180 shares during the period. Hedge funds and other institutional investors own 89.92% of the company's stock.

Insider Activity

In other news, insider Paul Ryan sold 22,218 shares of the stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the transaction, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the transaction, the insider owned 18,848 shares of the company's stock, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock valued at $23,360,571 in the last quarter. 5.01% of the stock is currently owned by corporate insiders.

Vertiv Stock Up 3.1%

Shares of VRT traded up $3.72 during midday trading on Tuesday, hitting $125.54. The company had a trading volume of 7,586,133 shares, compared to its average volume of 6,183,225. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84. The company's 50 day moving average price is $131.19 and its 200 day moving average price is $106.85. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The stock has a market cap of $47.94 billion, a price-to-earnings ratio of 60.07, a PEG ratio of 1.08 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last posted its earnings results 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 during the quarter, compared to analyst estimates of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. Vertiv's revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

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

Analyst Upgrades and Downgrades

VRT has been the topic of several recent analyst reports. Barclays set a $128.00 target price on Vertiv and gave the company an "equal weight" rating in a report on Thursday, July 31st. Roth Capital increased their target price on shares of Vertiv from $100.00 to $157.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. JPMorgan Chase & Co. increased their price target on shares of Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Melius raised shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 target price for the company in a report on Tuesday, July 8th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Vertiv in a report on Friday, July 11th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Vertiv presently has a consensus rating of "Moderate Buy" and a consensus price target of $142.00.

About Vertiv

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.