Free Trial

Vertiv Holdings Co. $VRT Shares Sold by Ameritas Advisory Services LLC

Vertiv logo with Computer and Technology background

Key Points

  • Ameritas Advisory Services LLC reduced its stake in Vertiv Holdings Co. by 40.4%, selling 10,958 shares to own 16,195 shares valued at approximately $2.08 million.
  • Several analysts have upgraded Vertiv ratings, with Melius Research increasing its price target from $134.00 to $165.00 and assigning a "strong-buy" rating.
  • Vertiv's recent earnings report revealed a 35.1% year-over-year revenue increase, with results surpassing analysts' expectations in both earnings per share and revenue.
  • Five stocks we like better than Vertiv.

Ameritas Advisory Services LLC lessened its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 40.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,195 shares of the company's stock after selling 10,958 shares during the period. Ameritas Advisory Services LLC's holdings in Vertiv were worth $2,080,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VRT. Vanguard Group Inc. grew its holdings in Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after purchasing an additional 1,359,070 shares during the last quarter. Amundi grew its holdings in 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 grew its holdings in 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 grew its holdings in 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. grew its holdings in 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. Institutional investors and hedge funds own 89.92% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Melius Research upgraded Vertiv from a "hold" rating to a "strong-buy" rating and upped their price objective for the company from $134.00 to $165.00 in a research report on Tuesday, July 8th. William Blair assumed coverage on Vertiv in a research report on Monday, July 28th. They issued an "outperform" rating on the stock. Zacks Research upgraded Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. Wall Street Zen upgraded Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. Finally, Redburn Atlantic upgraded Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Vertiv has a consensus rating of "Moderate Buy" and an average price target of $144.95.

View Our Latest Stock Analysis on Vertiv

Insider Transactions at Vertiv

In other news, 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 completion of the transaction, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv 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 approximately $573,873.52. The trade was a 77.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock worth $23,360,571 in the last quarter. Insiders own 2.63% of the company's stock.

Vertiv Price Performance

Shares of NYSE VRT opened at $160.45 on Friday. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $168.99. The business has a 50 day moving average price of $137.27 and a two-hundred day moving average price of $113.78. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The firm has a market cap of $61.27 billion, a PE ratio of 76.77, a price-to-earnings-growth ratio of 1.42 and a beta of 1.84.

Vertiv (NYSE:VRT - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. The company 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%.Vertiv's quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Sell-side analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a $0.0375 dividend. The ex-dividend date was 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%.

Vertiv Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Vertiv Right Now?

Before you consider Vertiv, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vertiv wasn't on the list.

While Vertiv currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Travel Stocks to Buy Before the Holidays
5 Hot Stocks to Buy Now: October’s Top Picks With Major Upside
5 Secret Tech Stocks Wall Street Missed

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines