Bridges Investment Management Inc. Makes New Investment in Vertiv Holdings Co. $VRT

Key Points

• Bridges Investment Management Inc. has acquired a new stake in Vertiv Holdings Co. worth approximately $331,000 by purchasing 2,576 shares in the second quarter.
• Vertiv reported an earnings per share (EPS) of $0.95, exceeding analysts' expectations, and a revenue of $2.64 billion for the quarter, marking a 35.1% year-over-year increase.
• Despite recent insider selling, including substantial shares sold by directors, Vertiv maintains a strong institutional ownership of 89.92% of its stock.

Bridges Investment Management Inc. acquired a new stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,576 shares of the company's stock, valued at approximately $331,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Fifth Third Bancorp increased its position in shares of Vertiv by 37.6% during the 1st quarter. Fifth Third Bancorp now owns 1,549 shares of the company's stock valued at $112,000 after purchasing an additional 423 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Vertiv by 12.5% during the first quarter. Janney Montgomery Scott LLC now owns 174,942 shares of the company's stock valued at $12,631,000 after acquiring an additional 19,446 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in shares of Vertiv in the first quarter valued at $258,000. Kingswood Wealth Advisors LLC lifted its holdings in shares of Vertiv by 2.7% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 8,110 shares of the company's stock worth $586,000 after acquiring an additional 210 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Vertiv by 2.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 90,293 shares of the company's stock worth $6,519,000 after acquiring an additional 2,465 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Vertiv Stock Down 2.1%

Shares of NYSE:VRT opened at $174.11 on Friday. The business's 50 day moving average is $143.22 and its 200 day moving average is $119.86. The stock has a market cap of $66.49 billion, a P/E ratio of 83.31, a price-to-earnings-growth ratio of 1.53 and a beta of 1.84. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $184.44. 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 (NYSE:VRT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.12. The business 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 business's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Sell-side analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Rothschild Redb upgraded shares of Vertiv to a "hold" rating in a report on Wednesday, August 20th. Evercore ISI upped their target price on Vertiv from $165.00 to $180.00 and gave the company an "outperform" rating in a research note on Monday, October 6th. Royal Bank Of Canada increased their price target on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Oppenheimer boosted their price objective on Vertiv from $151.00 to $190.00 and gave the company an "outperform" rating in a report on Tuesday. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $160.30.

Insider Buying and Selling at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares of the company's stock, valued at $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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 value of $5,590,383.34. Following the sale, the insider directly 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. In the last 90 days, insiders have sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by company insiders.

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.

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