NewEdge Advisors LLC Sells 5,750 Shares of Vertiv Holdings Co. $VRT

Key Points

• NewEdge Advisors LLC has reduced its stake in Vertiv Holdings Co. by 6.0%, selling 5,750 shares and now owning a total of 89,670 shares valued at approximately $6.47 million.
• Vertiv's quarterly earnings surpassed expectations, reporting $0.95 EPS with revenue of $2.64 billion, reflecting a 35.1% increase year-over-year.
• The company recently declared a quarterly dividend of $0.0375, with a low payout ratio of 7.18%, indicating financial stability amid ongoing institutional interest in its stock.

NewEdge Advisors LLC reduced its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 6.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 89,670 shares of the company's stock after selling 5,750 shares during the quarter. NewEdge Advisors LLC's holdings in Vertiv were worth $6,474,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Ibex Wealth Advisors raised its holdings in Vertiv by 10.5% in the 1st quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock worth $5,324,000 after purchasing an additional 6,989 shares during the period. FengHe Fund Management Pte. Ltd. purchased a new stake in Vertiv in the 1st quarter worth $33,389,000. Viking Fund Management LLC increased its stake in Vertiv by 123.5% in the 1st quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock worth $2,744,000 after buying an additional 21,000 shares in the last quarter. Outlook Wealth Advisors LLC purchased a new stake in Vertiv in the 1st quarter worth $475,000. Finally, Fox Run Management L.L.C. increased its stake in Vertiv by 449.9% in the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company's stock worth $1,556,000 after buying an additional 17,627 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

Vertiv Trading Down 1.3%

VRT opened at $124.02 on Monday. The firm has a market cap of $47.36 billion, a P/E ratio of 59.34, a P/E/G ratio of 1.09 and a beta of 1.78. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $155.84. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The stock has a 50-day moving average of $131.26 and a 200 day moving average of $106.54.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.83 by $0.12. The company had revenue of $2.64 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, September 15th will be given a $0.0375 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv's dividend payout ratio (DPR) is currently 7.18%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on VRT shares. William Blair started coverage on Vertiv in a research note on Monday, July 28th. They issued an "outperform" rating for the company. Rothschild Redb upgraded Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Melius Research upgraded Vertiv from a "hold" rating to a "strong-buy" rating and increased their price target for the stock from $134.00 to $165.00 in a research note on Tuesday, July 8th. Wolfe Research reiterated an "outperform" rating and issued a $155.00 price target on shares of Vertiv in a research note on Thursday, July 10th. Finally, Bank of America increased their price target on Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a research note on Thursday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Vertiv currently has a consensus rating of "Moderate Buy" and a consensus price target of $142.00.

Insider Buying and Selling

In related news, 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 completion of the transaction, the director owned 133,333 shares in the company, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 value of $5,590,383.34. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 165,272 shares of company stock worth $21,417,505. Corporate insiders own 5.01% 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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