2,121 Shares in Vertiv Holdings Co. $VRT Acquired by Secure Asset Management LLC

Key Points

• Secure Asset Management LLC acquired a new stake in Vertiv Holdings Co., purchasing 2,121 shares valued at approximately $272,000 in the 2nd quarter.
• Vertiv's stock ratings are predominantly positive, with two analysts rating it as "Strong Buy" and a consensus price target of $142.00, indicating confidence in its future performance.
• Insider activity included significant sales, with one insider selling 100,000 shares valued at over $12.8 million, reflecting a considerable decrease in their ownership position.

Secure Asset Management LLC bought a new position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 2,121 shares of the company's stock, valued at approximately $272,000.

Several other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings 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 holdings in shares of Vertiv by 96.8% in the first 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. Fred Alger Management LLC raised its holdings in shares of Vertiv by 19.6% in the first 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 last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Vertiv by 6.9% in 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. raised its holdings in shares of Vertiv by 985.3% in the first 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 last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VRT has been the subject of several analyst reports. Barclays set a $128.00 target price on shares of Vertiv and gave the company an "equal weight" rating in a research note on Thursday, July 31st. UBS Group lifted their target price on Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Glj Research began coverage on Vertiv in a research note on Tuesday, August 19th. They issued a "sell" rating and a $112.00 price target for the company. The Goldman Sachs Group reissued a "buy" rating on shares of Vertiv in a research note on Friday, July 11th. Finally, Wolfe Research restated an "outperform" rating and set a $155.00 price target on shares of Vertiv in a report on Thursday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $142.00.

Vertiv Price Performance

NYSE VRT traded up $7.79 during trading hours on Monday, hitting $151.39. The company had a trading volume of 5,940,938 shares, compared to its average volume of 8,914,814. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84. The firm has a 50 day simple moving average of $133.18 and a 200 day simple moving average of $109.66. 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 firm has a market capitalization of $57.81 billion, a price-to-earnings ratio of 72.35, a PEG ratio of 1.27 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last issued its 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. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter last year, the company earned $0.67 EPS. The firm's revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

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

Insiders Place Their Bets

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the firm's stock in a transaction dated 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 sale, the director owned 4,631 shares of the company's stock, valued at $573,873.52. This trade 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, Director Steven Reinemund sold 100,000 shares of the firm's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the sale, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is currently owned by insiders.

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.