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

Watts Gwilliam & Co. LLC lifted its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 17.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 23,128 shares of the company’s stock after purchasing an additional 3,421 shares during the quarter. Watts Gwilliam & Co. LLC’s holdings in Vertiv were worth $3,283,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of VRT. Nordea Investment Management AB grew its position in shares of Vertiv by 100.1% in the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after buying an additional 1,624,456 shares during the last quarter. iA Global Asset Management Inc. boosted its holdings in Vertiv by 130.2% in the second quarter. iA Global Asset Management Inc. now owns 9,147 shares of the company’s stock valued at $1,175,000 after acquiring an additional 5,173 shares in the last quarter. Westpac Banking Corp boosted its holdings in Vertiv by 100.2% in the second quarter. Westpac Banking Corp now owns 12,812 shares of the company’s stock valued at $1,645,000 after acquiring an additional 6,411 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in Vertiv by 134.9% in the second quarter. Nomura Asset Management Co. Ltd. now owns 291,036 shares of the company’s stock worth $37,372,000 after buying an additional 167,152 shares in the last quarter. Finally, Trilogy Capital Inc. purchased a new stake in Vertiv in the second quarter worth about $2,790,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Trading Down 9.8%

NYSE VRT opened at $161.14 on Monday. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $202.45. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The stock’s fifty day moving average price is $177.10 and its 200-day moving average price is $146.48. The stock has a market cap of $61.61 billion, a P/E ratio of 60.81, a P/E/G ratio of 1.30 and a beta of 2.03.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter in the previous year, the business posted $0.76 EPS. Vertiv’s revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, equities analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th will be issued a dividend of $0.0625 per share. The ex-dividend date is Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.2%. Vertiv’s dividend payout ratio is currently 9.43%.

Insider Buying and Selling at Vertiv

In related news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the transaction, the executive vice president directly owned 4,050 shares in the company, valued at $690,444. The trade was a 57.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.01% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on VRT shares. Cowen reissued a “buy” rating and issued a $211.00 target price on shares of Vertiv in a research report on Monday, December 1st. Redburn Atlantic upgraded Vertiv to a “hold” rating in a report on Wednesday, August 20th. TD Cowen raised their price objective on Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Wolfe Research downgraded shares of Vertiv from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, December 9th. Finally, Rothschild Redb upgraded shares of Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $180.48.

Vertiv 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.