Earned Wealth Advisors LLC Makes New $321,000 Investment in Vertiv Holdings Co. $VRT

Earned Wealth Advisors LLC acquired a new position in Vertiv Holdings Co. (NYSE:VRTFree Report) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 2,497 shares of the company’s stock, valued at approximately $321,000.

Several other large investors also recently bought and sold shares of VRT. Golden State Wealth Management LLC grew its holdings in Vertiv by 40.3% in the first quarter. Golden State Wealth Management LLC now owns 5,533 shares of the company’s stock valued at $400,000 after purchasing an additional 1,590 shares during the last quarter. Amalgamated Bank grew its holdings in Vertiv by 6.2% in the first quarter. Amalgamated Bank now owns 25,359 shares of the company’s stock valued at $1,831,000 after purchasing an additional 1,479 shares during the last quarter. New York State Teachers Retirement System grew its holdings in Vertiv by 18.8% in the first quarter. New York State Teachers Retirement System now owns 25,466 shares of the company’s stock valued at $1,839,000 after purchasing an additional 4,026 shares during the last quarter. Private Trust Co. NA grew its holdings in Vertiv by 22.4% in the first quarter. Private Trust Co. NA now owns 4,521 shares of the company’s stock valued at $326,000 after purchasing an additional 828 shares during the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in Vertiv by 1,462.6% in the first quarter. Teacher Retirement System of Texas now owns 52,127 shares of the company’s stock valued at $3,764,000 after purchasing an additional 48,791 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Wall Street Analysts Forecast Growth

VRT has been the topic of several research reports. Melius Research raised Vertiv from a “hold” rating to a “strong-buy” rating and upped their target price for the company from $134.00 to $165.00 in a report on Tuesday, July 8th. Citigroup upped their target price on Vertiv from $192.00 to $198.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Rothschild & Co Redburn began coverage on Vertiv in a report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 target price on the stock. Zacks Research lowered Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. Finally, Redburn Atlantic raised Vertiv to a “hold” rating in a research note on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $177.81.

Read Our Latest Stock Analysis on Vertiv

Vertiv Stock Down 0.6%

Shares of NYSE:VRT opened at $192.55 on Friday. The stock’s 50-day moving average price is $153.78 and its two-hundred day moving average price is $128.41. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $202.45. The firm has a market cap of $73.53 billion, a price-to-earnings ratio of 72.66, a PEG ratio of 1.57 and a beta of 1.84.

Vertiv (NYSE:VRTGet Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same period last year, the business posted $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is 5.66%.

Insider Transactions at Vertiv

In other news, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is owned by company insiders.

Vertiv Company 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.

See Also

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)

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