Shelton Wealth Management LLC Raises Position in Vertiv Holdings Co. $VRT

Key Points

• Shelton Wealth Management LLC increased its stake in Vertiv Holdings Co. by 37.2%, acquiring an additional 4,060 shares, bringing their total holdings to 14,988 shares worth approximately $1,925,000.
• Several institutional investors have significantly raised their holdings in Vertiv, with 1832 Asset Management L.P. increasing its stake by an impressive 985.3%.
• Vertiv recently announced a quarterly dividend of $0.0375 per share, translating to an annualized amount of $0.15 and a dividend yield of 0.1%.

Shelton Wealth Management LLC increased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 37.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,988 shares of the company's stock after purchasing an additional 4,060 shares during the quarter. Vertiv makes up approximately 0.9% of Shelton Wealth Management LLC's portfolio, making the stock its 29th biggest position. Shelton Wealth Management LLC's holdings in Vertiv were worth $1,925,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Diversified Trust Co boosted its holdings in shares of Vertiv by 3.2% in the 2nd quarter. Diversified Trust Co now owns 5,370 shares of the company's stock valued at $690,000 after buying an additional 167 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Vertiv by 6,831.7% during the second quarter. Assenagon Asset Management S.A. now owns 200,812 shares of the company's stock worth $25,786,000 after purchasing an additional 197,915 shares during the last quarter. Perpetual Ltd grew its holdings in shares of Vertiv by 23.2% during the second quarter. Perpetual Ltd now owns 261,466 shares of the company's stock worth $33,575,000 after purchasing an additional 49,160 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Vertiv in the 2nd quarter valued at about $6,207,000. Finally, IFM Investors Pty Ltd boosted its position in shares of Vertiv by 1.7% in the 2nd quarter. IFM Investors Pty Ltd now owns 71,194 shares of the company's stock valued at $9,142,000 after purchasing an additional 1,162 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VRT. Zacks Research raised Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. JPMorgan Chase & Co. raised their target price on shares of Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target for the company in a research report on Tuesday, July 8th. Barclays set a $128.00 price target on shares of Vertiv and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Finally, Oppenheimer lifted their price objective on shares of Vertiv from $140.00 to $151.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Two 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Vertiv currently has an average rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Price Performance

Shares of Vertiv stock traded up $8.12 during trading on Monday, reaching $151.72. The company's stock had a trading volume of 8,499,950 shares, compared to its average volume of 8,929,588. The business has a 50 day moving average price of $133.18 and a 200-day moving average price of $109.66. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84. The company has a market capitalization of $57.94 billion, a P/E ratio of 72.59, a price-to-earnings-growth ratio of 1.27 and a beta of 1.78. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93.

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 net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the previous year, the firm earned $0.67 EPS. The business's 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 anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

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

Insider Buying and Selling at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 180,952 shares of company stock valued at $23,360,571. Insiders own 2.63% of the company's stock.

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.