HCR Wealth Advisors Increases Holdings in Vertiv Holdings Co. $VRT

Key Points

• HCR Wealth Advisors increased its holdings in Vertiv Holdings Co. by 25.8% during the second quarter, now owning 30,958 shares valued at nearly $4 million.
• Insider sales have occurred recently, with notable sales by Paul Ryan and Jakki L. Haussler, resulting in significant decreases in their positions by 63.44% and 77.20% respectively.
• Analyst ratings for Vertiv have improved, with companies like Bank of America and UBS raising their price targets, contributing to a current consensus rating of “Moderate Buy”.

HCR Wealth Advisors lifted its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 25.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,958 shares of the company's stock after acquiring an additional 6,357 shares during the quarter. HCR Wealth Advisors' holdings in Vertiv were worth $3,975,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Presidio Capital Management LLC lifted its stake in Vertiv by 1.3% in the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company's stock valued at $772,000 after buying an additional 80 shares in the last quarter. Grandview Asset Management LLC lifted its stake in Vertiv by 2.8% in the 2nd quarter. Grandview Asset Management LLC now owns 3,536 shares of the company's stock valued at $454,000 after buying an additional 96 shares in the last quarter. Cigna Investments Inc. New lifted its stake in Vertiv by 3.5% in the 2nd quarter. Cigna Investments Inc. New now owns 3,755 shares of the company's stock valued at $482,000 after buying an additional 127 shares in the last quarter. Commerce Bank lifted its stake in Vertiv by 0.7% in the 1st quarter. Commerce Bank now owns 20,739 shares of the company's stock valued at $1,497,000 after buying an additional 134 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its stake in Vertiv by 37.5% in the 1st quarter. TD Private Client Wealth LLC now owns 510 shares of the company's stock valued at $37,000 after buying an additional 139 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Insider Buying and Selling

In related news, insider Paul Ryan sold 22,218 shares of the stock in a transaction on 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 sale, the insider directly owned 12,803 shares in the company, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the 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 completion of the sale, the director owned 4,631 shares of the company's stock, valued at approximately $573,873.52. This 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. 5.01% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on VRT. Bank of America upped their target price on Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. UBS Group increased their price target on Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Royal Bank Of Canada increased their price target on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Evercore ISI reissued an "outperform" rating on shares of Vertiv in a research note on Thursday, July 10th. Finally, Redburn Atlantic raised Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $144.10.

Vertiv Trading Up 3.5%

VRT stock opened at $143.41 on Tuesday. The company has a market cap of $54.76 billion, a price-to-earnings ratio of 68.62, a PEG ratio of 1.22 and a beta of 1.78. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The business has a fifty day simple moving average of $135.06 and a 200-day simple moving average of $112.15. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data 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 business's revenue for the quarter was up 35.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were issued 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 currently 7.18%.

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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