FSM Wealth Advisors LLC Increases Stake in Vertiv Holdings Co. $VRT

Key Points

• FSM Wealth Advisors LLC raised its stake in Vertiv Holdings Co. by 50% in Q2, now owning 5,152 shares valued at $651,000.
• Wall Street analysts have shown optimism for Vertiv, with price targets rising significantly; Bank of America increased its target from $140 to $150.
• Vertiv reported earnings of $1.24 per share for its last quarter, exceeding expectations and marking a 29% year-over-year revenue increase.

FSM Wealth Advisors LLC lifted its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 50.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,152 shares of the company's stock after acquiring an additional 1,717 shares during the period. FSM Wealth Advisors LLC's holdings in Vertiv were worth $651,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of VRT. OLD Point Trust & Financial Services N A acquired a new stake in Vertiv during the 2nd quarter worth approximately $32,000. DiNuzzo Private Wealth Inc. increased its position in Vertiv by 780.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company's stock worth $34,000 after purchasing an additional 234 shares in the last quarter. Garde Capital Inc. increased its position in Vertiv by 1,886.7% during the 2nd quarter. Garde Capital Inc. now owns 298 shares of the company's stock worth $38,000 after purchasing an additional 283 shares in the last quarter. Tradewinds Capital Management LLC increased its position in Vertiv by 69.0% during the 2nd quarter. Tradewinds Capital Management LLC now owns 343 shares of the company's stock worth $44,000 after purchasing an additional 140 shares in the last quarter. Finally, GW&K Investment Management LLC acquired a new stake in Vertiv in the first quarter valued at approximately $26,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VRT has been the subject of several recent research reports. Bank of America increased their price objective on shares of Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. Melius Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating and raised their price target for the stock from $134.00 to $165.00 in a research report on Tuesday, July 8th. Mizuho raised their price target on shares of Vertiv from $165.00 to $198.00 and gave the stock an "outperform" rating in a research report on Friday, October 17th. Evercore ISI raised their target price on Vertiv from $180.00 to $200.00 and gave the company an "outperform" rating in a research note on Monday. Finally, Barclays raised their target price on Vertiv from $145.00 to $170.00 and gave the company an "equal weight" rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Vertiv has an average rating of "Moderate Buy" and an average price target of $170.75.

Vertiv Price Performance

NYSE:VRT opened at $180.93 on Thursday. The business's 50-day moving average price is $145.24 and its 200 day moving average price is $122.05. The firm has a market cap of $69.09 billion, a P/E ratio of 86.43, a PEG ratio of 1.50 and a beta of 1.84. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $184.50. 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, October 22nd. The company reported $1.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.25. The firm had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.59 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.Vertiv's revenue was up 29.0% on a year-over-year basis. During the same quarter last year, the business posted $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, sell-side analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

Insider Transactions at Vertiv

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 transaction of $2,829,240.12. Following the completion of the sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. The trade was a 63.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction dated 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 owned 18,848 shares of the company's stock, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock valued at $23,360,571 in the last quarter. Corporate insiders own 2.63% of the company's stock.

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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