1,665 Shares in Vertiv Holdings Co. $VRT Acquired by Allegiance Financial Group Advisory Services LLC

Allegiance Financial Group Advisory Services LLC bought a new position in shares of Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,665 shares of the company’s stock, valued at approximately $214,000.

Several other large investors have also recently added to or reduced their stakes in the business. Amundi increased its position in shares of Vertiv by 96.8% in the 1st 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. 1832 Asset Management L.P. increased its position in shares of Vertiv by 985.3% in the 1st 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. Vanguard Group Inc. increased its position in shares of Vertiv by 3.7% in the 1st 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. Nuveen LLC purchased a new stake in shares of Vertiv in the 1st quarter valued at approximately $77,820,000. Finally, Fred Alger Management LLC increased its position in shares of Vertiv by 19.6% in the 1st 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. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value 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 trade represents a 68.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares of the company’s stock, valued at $573,873.52. This trade represents 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 over the last quarter. Insiders own 2.63% of the company’s stock.

Analyst Ratings Changes

VRT has been the topic of a number of recent analyst reports. Barclays increased their price objective on shares of Vertiv from $128.00 to $145.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 1st. William Blair initiated coverage on shares of Vertiv in a research report on Monday, July 28th. They issued an “outperform” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Vertiv in a research report on Sunday, August 10th. Melius raised shares of Vertiv from a “hold” rating to a “buy” rating and set a $165.00 target price on the stock in a research report on Tuesday, July 8th. Finally, Citigroup increased their target price on shares of Vertiv from $130.00 to $149.00 and gave the company a “buy” rating in a research report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $147.58.

Vertiv Stock Up 5.3%

Shares of NYSE:VRT opened at $167.33 on Thursday. The stock has a market cap of $63.90 billion, a P/E ratio of 80.06, a P/E/G ratio of 1.40 and a beta of 1.84. The firm has a fifty day moving average price of $138.45 and a 200 day moving average price of $115.31. 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 Holdings Co. has a 1-year low of $53.60 and a 1-year high of $169.83.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12. The firm had revenue of $2.64 billion during 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%. Vertiv’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Sell-side analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current 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 paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is 7.18%.

About Vertiv

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.