IFP Advisors Inc Has $1.62 Million Holdings in Vertiv Holdings Co. $VRT

Key Points

• IFP Advisors Inc has increased its stake in Vertiv Holdings Co. by 120.8% in the second quarter, amassing 12,602 shares valued at approximately $1.62 million.
• Insider Karsten Winther sold 41,654 shares of Vertiv stock, representing a 68.85% decrease in ownership, while Director Steven Reinemund sold 100,000 shares, decreasing their position by 42.86%.
• Vertiv recently declared a quarterly dividend of $0.0375 per share, translating to an annualized yield of 0.1% and a dividend payout ratio of 7.18%.

IFP Advisors Inc increased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 120.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,602 shares of the company's stock after buying an additional 6,895 shares during the quarter. IFP Advisors Inc's holdings in Vertiv were worth $1,618,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Vertiv by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock worth $2,723,034,000 after buying an additional 1,359,070 shares during the period. Amundi raised its stake in Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock worth $469,490,000 after buying an additional 3,420,144 shares during the period. Fred Alger Management LLC raised its stake in shares of Vertiv by 19.6% in the 1st quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock valued at $252,416,000 after purchasing an additional 572,545 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Vertiv by 6.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock valued at $205,085,000 after purchasing an additional 182,937 shares during the period. Finally, 1832 Asset Management L.P. raised its stake in shares of Vertiv by 985.3% in the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock valued at $166,183,000 after purchasing an additional 2,089,612 shares during the period. Institutional investors and hedge funds own 89.92% of the company's stock.

Insiders Place Their Bets

In related news, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction dated 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 completion of the transaction, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following 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. Over the last ninety days, insiders have sold 180,952 shares of company stock worth $23,360,571. Company insiders own 2.63% of the company's stock.

Vertiv Price Performance

NYSE:VRT opened at $169.09 on Friday. 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 stock's 50-day simple moving average is $139.45 and its 200 day simple moving average is $116.61. The company has a market cap of $64.57 billion, a P/E ratio of 80.90, a P/E/G ratio of 1.48 and a beta of 1.84. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $183.11.

Vertiv (NYSE:VRT - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the business earned $0.67 earnings per share. Vertiv's quarterly 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, sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Announces Dividend

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

Analyst Ratings Changes

Several analysts have issued reports on VRT shares. Wolfe Research reissued an "outperform" rating and issued a $155.00 price target on shares of Vertiv in a research note on Thursday, July 10th. Rothschild & Co Redburn started coverage on Vertiv in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 price target on the stock. Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st. Mizuho lifted their price target on Vertiv from $125.00 to $150.00 and gave the company an "outperform" rating in a research note on Wednesday, July 16th. Finally, Melius Research raised Vertiv from a "hold" rating to a "strong-buy" rating and lifted their price target for the company from $134.00 to $165.00 in a research note on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Vertiv has an average rating of "Moderate Buy" and a consensus target price of $149.84.

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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