CRA Financial Services LLC Acquires New Shares in Vertiv Holdings Co. $VRT

Key Points

• CRA Financial Services LLC acquired 2,538 shares of Vertiv Holdings Co. valued at approximately $326,000 during the second quarter, reflecting growing institutional interest in the company.
• Analysts have upgraded Vertiv's stock rating to "strong-buy", with a consensus target price of $142.00, indicating positive market sentiment.
• The company reported strong earnings with a 35.1% increase in revenue year-over-year, surpassing analyst estimates and showcasing robust financial health.

CRA Financial Services LLC bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,538 shares of the company's stock, valued at approximately $326,000.

Other large investors have also recently bought and sold shares of the company. Garde Capital Inc. grew its holdings in Vertiv by 1,886.7% during the 2nd quarter. Garde Capital Inc. now owns 298 shares of the company's stock valued at $38,000 after buying an additional 283 shares during the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Vertiv during the fourth quarter worth $37,000. GW&K Investment Management LLC acquired a new stake in shares of Vertiv during the first quarter worth $26,000. SouthState Corp acquired a new stake in shares of Vertiv during the first quarter worth $27,000. Finally, North Star Investment Management Corp. boosted its holdings in shares of Vertiv by 4,120.0% during the first quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after purchasing an additional 412 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Wall Street Analyst Weigh In

VRT has been the topic of several analyst reports. Rothschild Redb upgraded Vertiv to a "hold" rating in a report on Wednesday, August 20th. Melius Research upgraded Vertiv from a "hold" rating to a "strong-buy" rating and raised their price objective for the stock from $134.00 to $165.00 in a report on Tuesday, July 8th. Barclays set a $128.00 price objective on Vertiv and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Wall Street Zen upgraded Vertiv from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 21st. Finally, JPMorgan Chase & Co. lifted their target price on Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Vertiv currently has a consensus rating of "Moderate Buy" and an average target price of $142.00.

Insider Transactions at Vertiv

In related news, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv 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 approximately $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock valued at $23,360,571 over the last ninety days. 5.01% of the stock is currently owned by company insiders.

Vertiv Stock Up 5.7%

NYSE:VRT opened at $151.72 on Tuesday. The company has a market capitalization of $57.94 billion, a price-to-earnings ratio of 72.59, a price-to-earnings-growth ratio of 1.27 and a beta of 1.78. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $155.84. The stock has a 50-day simple moving average of $133.72 and a 200 day simple moving average of $110.13. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. The business 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 company's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period last year, the firm earned $0.67 earnings per share. 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 fiscal year.

Vertiv Dividend Announcement

The company 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 (DPR) is 7.18%.

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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