Global Assets Advisory LLC Decreases Stock Position in Vertiv Holdings Co. $VRT

Key Points

• Global Assets Advisory LLC reduced its stake in Vertiv Holdings Co. by 36% in the second quarter, holding 3,841 shares valued at $471,000.
• Insider sales were significant, with Paul Ryan selling 22,218 shares and Jakki L. Haussler selling 15,680 shares, marking substantial decreases in their ownership.
• Vertiv's stock is currently down 0.7%, with a market cap of $61.27 billion and earnings per share (EPS) of $0.95 reported for the last quarter, exceeding analyst expectations.

Global Assets Advisory LLC trimmed its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 36.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,841 shares of the company's stock after selling 2,159 shares during the period. Global Assets Advisory LLC's holdings in Vertiv were worth $471,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. DiNuzzo Private Wealth Inc. increased its holdings in Vertiv by 780.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company's stock worth $34,000 after buying an additional 234 shares in the last quarter. Garde Capital Inc. grew its stake in shares of Vertiv by 1,886.7% in the second quarter. Garde Capital Inc. now owns 298 shares of the company's stock worth $38,000 after acquiring an additional 283 shares during the period. GW&K Investment Management LLC purchased a new position in shares of Vertiv during the first quarter valued at approximately $26,000. SouthState Corp bought a new position in Vertiv during the first quarter valued at approximately $27,000. Finally, North Star Investment Management Corp. boosted its holdings in Vertiv by 4,120.0% in 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. Hedge funds and other institutional investors own 89.92% of the company's stock.

Insider Activity at Vertiv

In other news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider owned 12,803 shares in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the transaction, 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. In the last 90 days, insiders sold 180,952 shares of company stock valued at $23,360,571. Corporate insiders own 5.01% of the company's stock.

Vertiv Stock Down 0.7%

VRT opened at $160.45 on Monday. The stock has a market cap of $61.27 billion, a price-to-earnings ratio of 76.77, a price-to-earnings-growth ratio of 1.41 and a beta of 1.84. 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's fifty day moving average is $137.27 and its 200 day moving average is $114.13. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $168.99.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly 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 analyst estimates of $2.36 billion. During the same quarter in the prior year, the business posted $0.67 EPS. Vertiv's revenue for the quarter was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Rothschild Redb upgraded shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Weiss Ratings reiterated a "buy (b)" rating on shares of Vertiv in a research report on Saturday, September 27th. Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. Redburn Atlantic raised shares of Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Finally, The Goldman Sachs Group set a $159.00 price objective on shares of Vertiv in a research note on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $144.95.

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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