Parisi Gray Wealth Management Makes New $282,000 Investment in Vertiv Holdings Co. $VRT

Key Points

• Parisi Gray Wealth Management invested approximately $282,000 in Vertiv Holdings Co., acquiring 2,195 shares during Q2, according to a recent SEC filing.
• Several institutional investors have significantly increased their stakes in Vertiv, with Amundi raising their position by 96.8% and 1832 Asset Management increasing theirs by an impressive 985.3% in Q1.
• Vertiv reported a stronger-than-expected $0.95 earnings per share (EPS) for its most recent quarter, surpassing analysts' estimates and reflecting a 35.1% year-over-year revenue increase.

Parisi Gray Wealth Management bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,195 shares of the company's stock, valued at approximately $282,000.

Several other large investors have also recently modified their holdings of VRT. Amundi increased its position in shares of Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock valued at $469,490,000 after purchasing an additional 3,420,144 shares during the last quarter. 1832 Asset Management L.P. lifted its holdings 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 worth $166,183,000 after buying an additional 2,089,612 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Vertiv by 3.7% in 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. Nuveen LLC purchased a new stake in shares of Vertiv in the 1st quarter worth $77,820,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Vertiv by 54.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock worth $263,000,000 after buying an additional 812,389 shares during the period. Institutional investors own 89.92% of the company's stock.

Insider Buying and Selling

In related news, Director Steven Reinemund sold 100,000 shares of the company's stock in a transaction that occurred on 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 sale, the director owned 133,333 shares in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the company's stock in a transaction that occurred 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 directly owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 180,952 shares of company stock worth $23,360,571. Insiders own 5.01% of the company's stock.

Analyst Upgrades and Downgrades

VRT has been the topic of a number of research reports. UBS Group increased their price objective on Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Melius upgraded Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target on the stock in a research report on Tuesday, July 8th. JPMorgan Chase & Co. raised their price objective on Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Citigroup lifted their price objective on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Finally, Redburn Atlantic upgraded Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $142.00.

Vertiv Trading Down 0.6%

NYSE:VRT opened at $134.90 on Monday. The firm has a market cap of $51.51 billion, a PE ratio of 64.55, a price-to-earnings-growth ratio of 1.19 and a beta of 1.78. The stock has a fifty day moving average price of $131.73 and a 200 day moving average price of $107.83. 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.

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. The firm 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%.Vertiv's revenue was up 35.1% compared to the same quarter last year. During the same period last year, the business posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal 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. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv's payout ratio is 7.18%.

About Vertiv

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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