Vertiv Holdings Co. $VRT Shares Sold by Sax Wealth Advisors LLC

Key Points

• Sax Wealth Advisors LLC reduced its holdings in Vertiv Holdings Co. by 33.1%, holding 4,437 shares worth approximately $320,000 after selling 2,193 shares in the first quarter.
• Several investment firms have upgraded their ratings on Vertiv, with Mizuho raising their price target from $125.00 to $150.00 and many others following suit, signaling positive market sentiment.
• Vertiv recently reported earnings exceeding expectations, with $0.95 EPS and revenue of $2.64 billion, while also announcing a dividend increase that reflects a yield of 14.0%.

Sax Wealth Advisors LLC trimmed its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 33.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,437 shares of the company's stock after selling 2,193 shares during the period. Sax Wealth Advisors LLC's holdings in Vertiv were worth $320,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VRT. GW&K Investment Management LLC bought a new position in Vertiv during the 1st quarter valued at $26,000. SouthState Corp bought a new position in Vertiv during the 1st quarter valued at $27,000. North Star Investment Management Corp. boosted its stake in Vertiv by 4,120.0% during the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock valued at $30,000 after acquiring an additional 412 shares during the last quarter. Sachetta LLC boosted its stake in Vertiv by 242.0% during the 1st quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after acquiring an additional 317 shares during the last quarter. Finally, Colonial Trust Co SC boosted its stake in Vertiv by 211.9% during the 4th quarter. Colonial Trust Co SC now owns 315 shares of the company's stock valued at $36,000 after acquiring an additional 214 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on VRT. Mizuho increased their price objective on shares of Vertiv from $125.00 to $150.00 and gave the company an "outperform" rating in a research note on Wednesday, July 16th. Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective on the stock in a research note on Tuesday, July 8th. UBS Group raised their price target on shares of Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. The Goldman Sachs Group restated a "buy" rating on shares of Vertiv in a research report on Friday, July 11th. Finally, Wall Street Zen upgraded shares of Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $142.00.

Vertiv Trading Down 0.5%

Shares of NYSE:VRT opened at $125.9970 on Monday. The company has a market cap of $48.11 billion, a PE ratio of 60.29, a P/E/G ratio of 1.11 and a beta of 1.77. The company's 50-day moving average price is $129.89 and its 200 day moving average price is $105.55. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $155.84. 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 quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.12. The firm had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. Vertiv's quarterly revenue was up 35.1% compared to the same quarter last year. During the same period last year, the firm posted $0.67 EPS. 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 year.

Vertiv Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 26th. Investors of record on Tuesday, June 17th were given a $0.0375 dividend. The ex-dividend date was Monday, June 16th. This represents a yield of 14.0%. This is a boost from Vertiv's previous dividend of $0.01. Vertiv's payout ratio is 7.18%.

Insider Activity

In related news, EVP Stephen Liang sold 43,683 shares of Vertiv stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $115.83, for a total value of $5,059,801.89. Following the sale, the executive vice president directly owned 9,551 shares in the company, valued at $1,106,292.33. This trade represents a 82.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction dated 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 approximately $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. Company insiders own 5.01% 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.

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