OLD Point Trust & Financial Services N A Invests $32,000 in Vertiv Holdings Co. $VRT

OLD Point Trust & Financial Services N A bought a new position in Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, HoldingsChannel reports. The fund bought 250 shares of the company’s stock, valued at approximately $32,000.

Several other large investors have also made changes to their positions in VRT. Amundi lifted its position in Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after buying an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. lifted its position in Vertiv by 985.3% during the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock worth $166,183,000 after buying an additional 2,089,612 shares in the last quarter. Nordea Investment Management AB lifted its position in Vertiv by 100.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after purchasing an additional 1,624,456 shares during the period. Vanguard Group Inc. lifted its position in Vertiv by 3.7% during 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 period. Finally, Nuveen LLC acquired a new position in Vertiv during the 1st quarter valued at about $77,820,000. Institutional investors own 89.92% of the company’s stock.

Insider Buying and Selling at Vertiv

In related news, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the transaction, the insider directly owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $5,590,383.34. Following the completion of the transaction, the insider directly owned 18,848 shares of the company’s stock, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock valued at $23,360,571 over the last ninety days. 2.63% of the stock is currently owned by company insiders.

Vertiv Price Performance

NYSE VRT opened at $171.27 on Thursday. The business has a 50 day simple moving average of $145.24 and a 200 day simple moving average of $122.05. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $184.50. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The stock has a market cap of $65.40 billion, a price-to-earnings ratio of 81.95, a PEG ratio of 1.50 and a beta of 1.84.

Vertiv (NYSE:VRT) last posted its 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 return on equity of 51.64% and a net margin of 8.93%.The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the prior year, the business earned $0.76 EPS. Vertiv’s revenue for the quarter was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The firm 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. The ex-dividend date was Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 7.18%.

Analysts Set New Price Targets

A number of research analysts have issued reports on VRT shares. Oppenheimer upped their target price on shares of Vertiv from $151.00 to $190.00 and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Citigroup increased their price target on shares of Vertiv from $167.00 to $192.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Zacks Research downgraded shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. Glj Research started coverage on shares of Vertiv in a research report on Tuesday, August 19th. They issued a “sell” rating and a $112.00 price target on the stock. Finally, Weiss Ratings downgraded shares of Vertiv from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $162.95.

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.