Frank Rimerman Advisors LLC Takes Position in Vertiv Holdings Co. $VRT

Frank Rimerman Advisors LLC purchased a new position in shares of Vertiv Holdings Co. (NYSE:VRT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,326 shares of the company’s stock, valued at approximately $299,000.

Other institutional investors have also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. increased its position in shares of Vertiv by 85.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 11,332 shares of the company’s stock worth $818,000 after purchasing an additional 5,236 shares during the last quarter. GW&K Investment Management LLC bought a new position in shares of Vertiv during the first quarter worth about $26,000. KLP Kapitalforvaltning AS grew its stake in Vertiv by 1.4% in the first quarter. KLP Kapitalforvaltning AS now owns 119,200 shares of the company’s stock worth $8,606,000 after purchasing an additional 1,700 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in Vertiv by 4.8% in the first quarter. Venturi Wealth Management LLC now owns 5,495 shares of the company’s stock valued at $397,000 after buying an additional 251 shares during the last quarter. Finally, Wedbush Securities Inc. increased its holdings in Vertiv by 9.1% in the first quarter. Wedbush Securities Inc. now owns 23,342 shares of the company’s stock valued at $1,685,000 after buying an additional 1,939 shares during the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VRT has been the subject of several research reports. Weiss Ratings upgraded Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. KGI Securities upgraded Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. Rothschild Redb raised shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. Oppenheimer boosted their target price on shares of Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Finally, Citigroup raised their price target on shares of Vertiv from $192.00 to $198.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Vertiv Price Performance

Shares of NYSE VRT opened at $159.16 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. The firm has a market capitalization of $60.85 billion, a PE ratio of 60.06, a P/E/G ratio of 1.38 and a beta of 1.87. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $202.45. The business’s fifty day moving average price is $167.20 and its two-hundred day moving average price is $137.70.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $0.99 by $0.25. The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company’s quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.76 earnings per share. 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 expect that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The firm 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. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, November 25th. Vertiv’s dividend payout ratio is presently 4.15%.

Insider Transactions at Vertiv

In related news, insider Paul Ryan sold 22,218 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 12,803 shares of the company’s stock, valued at $1,630,334.02. This represents a 63.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction on Monday, September 8th. The shares were 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 $573,873.52. The trade was a 77.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 139,298 shares of company stock worth $17,770,188. Company insiders own 2.63% of the company’s stock.

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.