Kaufman Rossin Wealth LLC Takes $395,000 Position in Vertiv Holdings Co. $VRT

Key Points

• Kaufman Rossin Wealth LLC acquired a new stake in Vertiv Holdings, purchasing 3,076 shares valued at approximately $395,000.
• Insiders sold a significant number of shares in recent transactions, with one insider selling 22,218 shares for over $2.8 million, indicating potential shifts in ownership dynamics.
• Vertiv recently reported strong quarterly earnings, achieving $2.64 billion in revenue, surpassing analyst expectations, with an earnings per share of $0.95.

Kaufman Rossin Wealth LLC bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,076 shares of the company's stock, valued at approximately $395,000.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Vertiv by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares during the last quarter. Amundi grew its holdings in shares of Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock worth $469,490,000 after acquiring an additional 3,420,144 shares during the last quarter. Fred Alger Management LLC raised its position in shares of Vertiv by 19.6% during the first quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock worth $252,416,000 after purchasing an additional 572,545 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Vertiv by 6.9% during the first 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 last quarter. Finally, 1832 Asset Management L.P. boosted its position 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. 89.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on VRT shares. Melius Research upgraded Vertiv from a "hold" rating to a "strong-buy" rating and boosted their price objective for the stock from $134.00 to $165.00 in a report on Tuesday, July 8th. Rothschild & Co Redburn began coverage on shares of Vertiv in a research report on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 price target for the company. Wolfe Research reiterated an "outperform" rating and set a $155.00 price objective on shares of Vertiv in a research report on Thursday, July 10th. Redburn Atlantic upgraded Vertiv to a "hold" rating in a report on Wednesday, August 20th. Finally, Glj Research initiated coverage on Vertiv in a report on Tuesday, August 19th. They set a "sell" rating and a $112.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

Insider Activity at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the company's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares of the company's stock, valued at $573,873.52. This represents a 77.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred 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 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 disclosure for this sale can be found here. In the last quarter, insiders have sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by company insiders.

Vertiv Stock Up 5.7%

NYSE VRT traded up $8.12 during trading on Monday, hitting $151.72. 8,499,950 shares of the company traded hands, compared to its average volume of 8,929,588. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $155.84. The business has a fifty day simple moving average of $133.18 and a 200 day simple moving average of $109.66. The company has a market capitalization of $57.94 billion, a P/E ratio of 72.59, a PEG ratio of 1.27 and a beta of 1.78. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.12. The business had revenue of $2.64 billion for 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 firm's revenue was up 35.1% compared to the same quarter last year. During the same period last year, the business earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, sell-side analysts predict 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 will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be given a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv's dividend payout ratio (DPR) 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.