Westbourne Investments Inc. Has $3.68 Million Stock Position in Vertiv Holdings Co. $VRT

Key Points

• Westbourne Investments Inc. increased its stake in Vertiv Holdings Co. by 501.6% during the 2nd quarter, now holding 28,635 shares valued at approximately $3.68 million.
• Vertiv's stock opened at $136.77 with a market capitalization of $52.23 billion, and it has reported a year-over-year revenue increase of 35.1%.
• The company announced a quarterly dividend of $0.0375 per share, representing a dividend yield of 0.1% and a payout ratio of 7.18%.

Westbourne Investments Inc. grew its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 501.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,635 shares of the company's stock after buying an additional 23,875 shares during the quarter. Vertiv makes up approximately 2.0% of Westbourne Investments Inc.'s portfolio, making the stock its 12th largest position. Westbourne Investments Inc.'s holdings in Vertiv were worth $3,677,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. GW&K Investment Management LLC acquired a new stake in shares of Vertiv during the first quarter worth approximately $26,000. SouthState Corp acquired a new stake in shares of Vertiv during the first quarter worth approximately $27,000. North Star Investment Management Corp. boosted its holdings in shares of Vertiv by 4,120.0% during the first quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after purchasing an additional 412 shares during the period. Sachetta LLC boosted its holdings in shares of Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company's stock worth $32,000 after purchasing an additional 317 shares during the period. Finally, Banque Transatlantique SA acquired a new stake in shares of Vertiv during the first quarter worth approximately $33,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction on 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 sale, the director owned 4,631 shares in the company, valued at $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Karsten Winther sold 41,654 shares of the business's stock in a transaction 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 position. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock worth $23,360,571 over the last three months. 2.63% of the stock is currently owned by corporate insiders.

Vertiv Stock Performance

VRT stock traded up $2.03 on Friday, reaching $143.99. 6,677,486 shares of the company were exchanged, compared to its average volume of 6,273,855. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $155.84. The stock's fifty day moving average price is $133.18 and its 200 day moving average price is $109.32. The firm has a market capitalization of $54.99 billion, a PE ratio of 68.90, a PEG ratio of 1.25 and a beta of 1.78. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35.

Vertiv (NYSE:VRT - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the previous year, the firm posted $0.67 earnings per share. Vertiv'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. On average, research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal 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 paid a dividend of $0.0375 per share. The ex-dividend date is Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. Vertiv's payout ratio is currently 7.18%.

Analyst Ratings Changes

Several brokerages recently weighed in on VRT. Melius Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating and raised their price objective for the company from $134.00 to $165.00 in a research report on Tuesday, July 8th. Rothschild & Co Redburn began coverage on shares of Vertiv in a research report on Wednesday, August 20th. They set a "neutral" rating and a $135.00 price objective on the stock. Rothschild Redb raised shares of Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Morgan Stanley reaffirmed an "overweight" rating on shares of Vertiv in a research report on Sunday, August 10th. Finally, Zacks Research raised shares of Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $142.00.

Vertiv Company 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.