1,653 Shares in Vertiv Holdings Co. $VRT Purchased by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. purchased a new position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,653 shares of the company’s stock, valued at approximately $212,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. FengHe Fund Management Pte. Ltd. purchased a new position in Vertiv in the first quarter valued at about $33,389,000. Fox Run Management L.L.C. lifted its stake in shares of Vertiv by 449.9% during the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock valued at $1,556,000 after buying an additional 17,627 shares in the last quarter. Trilogy Capital Inc. purchased a new stake in shares of Vertiv during the 2nd quarter valued at approximately $2,790,000. Maxi Investments CY Ltd increased its holdings in Vertiv by 160.3% during the 1st quarter. Maxi Investments CY Ltd now owns 26,025 shares of the company’s stock worth $1,879,000 after acquiring an additional 16,025 shares during the period. Finally, Balboa Wealth Partners increased its holdings in Vertiv by 68.9% during the 1st quarter. Balboa Wealth Partners now owns 29,408 shares of the company’s stock worth $2,123,000 after acquiring an additional 12,001 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Bank of America upped their target price on shares of Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, July 17th. Mizuho upped their target price on shares of Vertiv from $125.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, July 16th. Weiss Ratings lowered shares of Vertiv from a “buy (b)” rating to a “hold (c+)” rating in a report on Wednesday. Rothschild Redb raised shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. Finally, Barclays increased their price target on shares of Vertiv from $128.00 to $145.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $149.84.

Check Out Our Latest Report on VRT

Vertiv Price Performance

VRT stock opened at $169.09 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $183.11. The firm’s fifty day moving average is $139.45 and its 200 day moving average is $116.37. The firm has a market cap of $64.57 billion, a P/E ratio of 80.90, a P/E/G ratio of 1.48 and a beta of 1.84.

Vertiv (NYSE:VRTGet Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the firm earned $0.67 EPS. The firm’s quarterly 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. Research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were issued a dividend of $0.0375 per share. The ex-dividend date of this dividend 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 currently 7.18%.

Insider Buying and Selling at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of the 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 transaction, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of the 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 transaction, the insider directly owned 18,848 shares in the company, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock worth $23,360,571 in the last quarter. 2.63% of the stock is currently owned by company insiders.

Vertiv 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.

Read More

Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRTFree Report).

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

Receive News & Ratings for Vertiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertiv and related companies with MarketBeat.com's FREE daily email newsletter.