Balboa Wealth Partners Acquires 1,574 Shares of Vertiv Holdings Co. $VRT

Key Points

• Balboa Wealth Partners increased its stake in Vertiv Holdings Co. by 5.4% in Q2, bringing their total holdings to 30,982 shares valued at approximately $3.98 million.
• Vertiv reported an earnings per share (EPS) of $0.95 for the last quarter, exceeding analysts' estimates, with revenue growth of 35.1% year-over-year to $2.64 billion.
• Insiders at Vertiv have sold 180,952 shares worth approximately $23.36 million over the past ninety days, marking significant decreases in their ownership stakes.

Balboa Wealth Partners increased its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 5.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,982 shares of the company's stock after acquiring an additional 1,574 shares during the period. Vertiv comprises approximately 0.8% of Balboa Wealth Partners' portfolio, making the stock its 23rd biggest holding. Balboa Wealth Partners' holdings in Vertiv were worth $3,978,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Presidio Capital Management LLC grew its holdings in Vertiv by 1.3% during the second quarter. Presidio Capital Management LLC now owns 6,010 shares of the company's stock valued at $772,000 after purchasing an additional 80 shares during the period. Grandview Asset Management LLC grew its holdings in Vertiv by 2.8% during the second quarter. Grandview Asset Management LLC now owns 3,536 shares of the company's stock valued at $454,000 after purchasing an additional 96 shares during the period. Ameriflex Group Inc. grew its holdings in Vertiv by 14.9% during the second quarter. Ameriflex Group Inc. now owns 770 shares of the company's stock valued at $95,000 after purchasing an additional 100 shares during the period. Cigna Investments Inc. New grew its holdings in Vertiv by 3.5% during the second quarter. Cigna Investments Inc. New now owns 3,755 shares of the company's stock valued at $482,000 after purchasing an additional 127 shares during the period. Finally, Commerce Bank grew its holdings in Vertiv by 0.7% during the first quarter. Commerce Bank now owns 20,739 shares of the company's stock valued at $1,497,000 after purchasing an additional 134 shares during the period. 89.92% of the stock is owned by institutional investors.

Vertiv Trading Down 2.1%

NYSE:VRT opened at $174.11 on Monday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $184.44. The company has a market cap of $66.49 billion, a P/E ratio of 83.31, a P/E/G ratio of 1.50 and a beta of 1.84. The stock's fifty day moving average price is $143.22 and its two-hundred day moving average price is $120.52.

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

Vertiv Announces Dividend

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

Insiders Place Their Bets

In related news, insider Paul Ryan sold 22,218 shares of the stock in a transaction on 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 sale, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% 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 worth $23,360,571. 5.01% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

VRT has been the subject of several research reports. Wolfe Research reissued an "outperform" rating and set a $155.00 price objective on shares of Vertiv in a report on Thursday, July 10th. Cfra Research raised Vertiv to a "moderate buy" rating in a report on Tuesday, October 7th. Citigroup increased their price objective on Vertiv from $167.00 to $192.00 and gave the company a "buy" rating in a report on Thursday, October 9th. Melius Research upgraded 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 report on Tuesday, July 8th. Finally, Bank of America increased their target price on Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $160.30.

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.

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