Focus Partners Wealth Buys 7,300 Shares of Vertiv Holdings Co. $VRT

Focus Partners Wealth grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 26.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,920 shares of the company's stock after buying an additional 7,300 shares during the quarter. Focus Partners Wealth's holdings in Vertiv were worth $2,521,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Chokshi & Queen Wealth Advisors Inc acquired a new position in shares of Vertiv during the first quarter valued at about $490,000. Bayforest Capital Ltd boosted its holdings in Vertiv by 152.8% during the first quarter. Bayforest Capital Ltd now owns 2,237 shares of the company's stock worth $162,000 after purchasing an additional 1,352 shares during the last quarter. SCS Capital Management LLC purchased a new position in Vertiv during the first quarter worth about $328,000. Woodline Partners LP boosted its stake in Vertiv by 72.4% in the first quarter. Woodline Partners LP now owns 140,609 shares of the company's stock valued at $10,152,000 after acquiring an additional 59,057 shares during the last quarter. Finally, Zimmer Partners LP increased its holdings in Vertiv by 200.0% during the 1st quarter. Zimmer Partners LP now owns 150,000 shares of the company's stock worth $10,830,000 after acquiring an additional 100,000 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Trading Up 2.8%

Shares of VRT stock opened at $138.55 on Tuesday. The stock's fifty day moving average is $131.97 and its two-hundred day moving average is $108.14. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The firm has a market capitalization of $52.91 billion, a P/E ratio of 66.29, a PEG ratio of 1.19 and a beta of 1.78. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $155.84.

Vertiv (NYSE:VRT - Get Free Report) last issued its earnings results 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 business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the company earned $0.67 EPS. The company's revenue for the quarter was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

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

Insiders Place Their Bets

In other news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction dated 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 completion of the transaction, 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction dated 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 completion of the transaction, the director owned 133,333 shares of the company's stock, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock valued at $23,360,571 over the last 90 days. Company insiders own 2.63% of the company's stock.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of research reports. Rothschild Redb raised shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Wall Street Zen upgraded shares of Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st. Wolfe Research reaffirmed an "outperform" rating and set a $155.00 price target on shares of Vertiv in a report on Thursday, July 10th. Barclays set a $128.00 price objective on shares of Vertiv and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Finally, Oppenheimer raised their target price on shares of Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $142.00.

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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