Sax Wealth Advisors LLC Sells 102 Shares of Vertiv Holdings Co. $VRT

Sax Wealth Advisors LLC lowered its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 2.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,335 shares of the company’s stock after selling 102 shares during the period. Sax Wealth Advisors LLC’s holdings in Vertiv were worth $557,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VRT. GW&K Investment Management LLC bought a new stake in shares of Vertiv during the 1st quarter worth approximately $26,000. SouthState Corp bought a new stake in shares of Vertiv during the 1st quarter worth approximately $27,000. North Star Investment Management Corp. raised its stake in shares of Vertiv by 4,120.0% during the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock worth $30,000 after purchasing an additional 412 shares in the last quarter. Sachetta LLC raised its stake in shares of Vertiv by 242.0% during the 1st quarter. Sachetta LLC now owns 448 shares of the company’s stock worth $32,000 after purchasing an additional 317 shares in the last quarter. Finally, Banque Transatlantique SA bought a new stake in shares of Vertiv during the 1st quarter worth approximately $33,000. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

VRT has been the topic of a number of research analyst reports. Mizuho increased their price target on Vertiv from $125.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, July 16th. Wall Street Zen upgraded Vertiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 21st. Royal Bank Of Canada increased their price target on Vertiv from $143.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Melius upgraded Vertiv from a “hold” rating to a “buy” rating and set a $165.00 price target on the stock in a research note on Tuesday, July 8th. Finally, Redburn Atlantic upgraded 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, seventeen have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv presently has a consensus rating of “Moderate Buy” and a consensus target price of $147.58.

Insider Buying and Selling

In other news, insider Paul Ryan sold 22,218 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider directly owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction on 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 sale, the director directly 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. The disclosure for this sale can be found here. In the last 90 days, insiders sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 2.63% of the company’s stock.

Vertiv Stock Performance

Shares of NYSE VRT opened at $167.33 on Thursday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. The stock’s fifty day moving average price is $138.45 and its two-hundred day moving average price is $115.31. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $169.83. The firm has a market cap of $63.90 billion, a price-to-earnings ratio of 80.06, a P/E/G ratio of 1.40 and a beta of 1.84.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the firm posted $0.67 EPS. The company’s revenue for the quarter was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio is 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.