Chung Wu Investment Group LLC Takes $345,000 Position in Vertiv Holdings Co. $VRT

Key Points

• Chung Wu Investment Group LLC has acquired a new stake in Vertiv Holdings Co. worth approximately $345,000, purchasing 2,690 shares during the second quarter.
• Vertiv recently reported better-than-expected quarterly earnings, achieving $0.95 per share against an estimated $0.83, with revenues of $2.64 billion, significantly exceeding forecasts.
• Recent analyst ratings show a positive outlook for Vertiv, with one analyst giving it a "Strong Buy" rating, while the consensus target price is set at $144.95.

Chung Wu Investment Group LLC purchased a new position in Vertiv Holdings Co. (NYSE:VRT - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,690 shares of the company's stock, valued at approximately $345,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ibex Wealth Advisors raised its position in shares of Vertiv by 10.5% in the 1st quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock valued at $5,324,000 after buying an additional 6,989 shares in the last quarter. FengHe Fund Management Pte. Ltd. acquired a new stake in shares of Vertiv during the 1st quarter worth approximately $33,389,000. Outlook Wealth Advisors LLC bought a new position in Vertiv in the first quarter valued at approximately $475,000. Fox Run Management L.L.C. raised its position in Vertiv by 449.9% during the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company's stock valued at $1,556,000 after purchasing an additional 17,627 shares in the last quarter. Finally, Trilogy Capital Inc. bought a new stake in Vertiv during the second quarter worth $2,790,000. Institutional investors own 89.92% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on VRT. Rothschild Redb raised Vertiv to a "hold" rating in a research note on Wednesday, August 20th. JPMorgan Chase & Co. increased their target price on shares of Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Roth Capital reaffirmed a "buy" rating and set a $162.00 price target on shares of Vertiv in a report on Thursday, September 25th. Oppenheimer upped their price objective on shares of Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Finally, Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 target price on the stock in a research report on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $144.95.

Insider Activity

In related news, Director Steven Reinemund sold 100,000 shares of the business's 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 transaction, the director owned 133,333 shares in the company, valued at $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the company's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the sale, the director directly owned 4,631 shares in the company, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock worth $23,360,571 over the last ninety days. Corporate insiders own 5.01% of the company's stock.

Vertiv Stock Down 0.7%

Shares of NYSE:VRT opened at $160.45 on Monday. The firm has a market cap of $61.27 billion, a P/E ratio of 76.77, a P/E/G ratio of 1.41 and a beta of 1.84. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $168.99. The business has a fifty day simple moving average of $137.27 and a 200 day simple moving average of $114.13. 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 quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share 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 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 quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a dividend of $0.0375 per share. The ex-dividend date was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv's dividend payout ratio is 7.18%.

Vertiv 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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