Watts Gwilliam & Co. LLC Boosts Holdings in Vertiv Holdings Co. $VRT

Key Points

• Watts Gwilliam & Co. LLC increased its holdings in Vertiv Holdings Co. by 34.0%, now owning 19,707 shares valued at approximately $1.42 million.
• Insider selling occurred, with EVP Stephen Liang selling 43,683 shares for over $5 million, reducing his ownership by 82.06%.
• Wall Street analysts are optimistic, with most ratings being buy or strong buy, and price targets raised, indicating a strong consensus for the stock's future growth.

Watts Gwilliam & Co. LLC increased its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 34.0% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,707 shares of the company's stock after purchasing an additional 5,000 shares during the period. Watts Gwilliam & Co. LLC's holdings in Vertiv were worth $1,423,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Colonial Trust Co SC boosted its stake in shares of Vertiv by 211.9% in the 4th quarter. Colonial Trust Co SC now owns 315 shares of the company's stock valued at $36,000 after purchasing an additional 214 shares in the last quarter. Ameriflex Group Inc. purchased a new stake in Vertiv during the 4th quarter valued at about $37,000. GW&K Investment Management LLC bought a new position in Vertiv during the 1st quarter worth approximately $26,000. SouthState Corp purchased a new position in Vertiv in the 1st quarter worth approximately $27,000. Finally, BNP Paribas purchased a new position in Vertiv in the 4th quarter worth approximately $45,000. Hedge funds and other institutional investors own 89.92% of the company's stock.

Insiders Place Their Bets

In other news, EVP Stephen Liang sold 43,683 shares of the business's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the sale, the executive vice president owned 9,551 shares in the company, valued at approximately $1,106,292.33. The trade was a 82.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 sale, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Insiders own 5.01% of the company's stock.

Wall Street Analyst Weigh In

VRT has been the subject of a number of analyst reports. Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st. Rothschild & Co Redburn began coverage on shares of Vertiv in a report on Wednesday. They set a "neutral" rating and a $135.00 price target for the company. Royal Bank Of Canada raised their price target on shares of Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. UBS Group boosted their price objective on shares of Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 target price for the company in a report on Tuesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $142.00.

Vertiv Trading Down 1.3%

NYSE:VRT traded down $1.6740 during trading hours on Wednesday, hitting $127.3760. The company had a trading volume of 8,267,435 shares, compared to its average volume of 9,259,036. The company has a market capitalization of $48.64 billion, a PE ratio of 60.95, a price-to-earnings-growth ratio of 1.20 and a beta of 1.77. The stock has a 50-day moving average price of $129.00 and a 200 day moving average price of $105.39. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84. 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 released its quarterly earnings results 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 business had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, June 26th. Investors of record on Tuesday, June 17th were issued a $0.0375 dividend. This represents a yield of 14.0%. This is an increase from Vertiv's previous dividend of $0.01. The ex-dividend date was Monday, June 16th. Vertiv's dividend payout ratio (DPR) is presently 7.18%.

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.