Cyndeo Wealth Partners LLC Buys Shares of 2,807 Vertiv Holdings Co. $VRT

Key Points

• Cyndeo Wealth Partners LLC acquired a new stake in Vertiv Holdings Co. by purchasing 2,807 shares, valued at approximately $360,000, during the second quarter.
• A significant number of institutional investors increased their positions in Vertiv, with 89.92% of the company's stock now owned by such investors.
• Insider trading activity includes the sale of 180,952 shares by insiders over the past 90 days, totaling $23.36 million in value.

Cyndeo Wealth Partners LLC bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,807 shares of the company's stock, valued at approximately $360,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Presidio Capital Management LLC increased its position in Vertiv by 1.3% during the 2nd 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 increased its position in Vertiv by 2.8% during the 2nd 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. increased its position in Vertiv by 14.9% during the 2nd 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 increased its position in Vertiv by 3.5% during the 2nd 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 boosted its holdings in shares of Vertiv by 0.7% during the 1st quarter. Commerce Bank now owns 20,739 shares of the company's stock worth $1,497,000 after buying an additional 134 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Insider Buying and Selling

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the transaction, the insider directly owned 18,848 shares in the company, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the firm's stock in a transaction 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 transaction, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This trade represents 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 in the last 90 days. Insiders own 2.63% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on VRT shares. Rothschild & Co Redburn started coverage on Vertiv in a report on Wednesday, August 20th. They set a "neutral" rating and a $135.00 price target on the stock. UBS Group increased their price target on Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Wolfe Research restated an "outperform" rating and set a $155.00 price target on shares of Vertiv in a report on Thursday, July 10th. Melius Research upgraded Vertiv from a "hold" rating to a "strong-buy" rating and increased their price target for the stock from $134.00 to $165.00 in a report on Tuesday, July 8th. Finally, Oppenheimer increased their price target on Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Vertiv presently has an average rating of "Moderate Buy" and a consensus price target of $149.84.

Vertiv Price Performance

Shares of NYSE:VRT opened at $169.09 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The stock's fifty day simple moving average is $139.45 and its two-hundred day simple moving average is $116.61. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $183.11. The stock has a market cap of $64.57 billion, a PE ratio of 80.90, a price-to-earnings-growth ratio of 1.48 and a beta of 1.84.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings data 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. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. During the same period last year, the business earned $0.67 EPS. The business's revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

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

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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