Steward Partners Investment Advisory LLC Purchases 20,225 Shares of Vertiv Holdings Co. $VRT

Steward Partners Investment Advisory LLC lifted its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 228.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,087 shares of the company’s stock after acquiring an additional 20,225 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Vertiv were worth $3,735,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in VRT. Richard W. Paul & Associates LLC raised its position in Vertiv by 0.9% during the second quarter. Richard W. Paul & Associates LLC now owns 8,804 shares of the company’s stock valued at $1,130,000 after purchasing an additional 79 shares in the last quarter. Presidio Capital Management LLC increased its stake in shares of Vertiv by 1.3% in the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock valued at $772,000 after purchasing an additional 80 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its holdings in shares of Vertiv by 4.0% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock worth $285,000 after buying an additional 86 shares in the last quarter. Grandview Asset Management LLC raised its holdings in shares of Vertiv by 2.8% during the 2nd quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock worth $454,000 after buying an additional 96 shares in the last quarter. Finally, Ameriflex Group Inc. lifted its position in shares of Vertiv by 14.9% during the 2nd quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock worth $95,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

NYSE:VRT opened at $172.36 on Friday. The stock’s 50-day moving average is $170.29 and its 200-day moving average is $140.27. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year 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 has a market cap of $65.90 billion, a P/E ratio of 65.04, a price-to-earnings-growth ratio of 1.40 and a beta of 1.87.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same quarter last year, the business earned $0.76 EPS. The firm’s quarterly revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Equities research analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share 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 0.1%. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. Vertiv’s dividend payout ratio (DPR) is presently 9.43%.

Wall Street Analysts Forecast Growth

VRT has been the topic of a number of recent analyst reports. Citigroup lifted their target price on Vertiv from $192.00 to $198.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Royal Bank Of Canada increased their target price on shares of Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Mizuho lifted their price target on shares of Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Rothschild Redb upgraded shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Finally, Glj Research began coverage on shares of Vertiv in a research note on Tuesday, August 19th. They issued a “sell” rating and a $112.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have given a Hold rating and one has assigned 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 target price of $177.81.

Insider Buying and Selling at Vertiv

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the sale, the executive vice president owned 4,050 shares in the company, valued at approximately $690,444. The trade was a 57.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction dated 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 completion of the sale, the director directly owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 2.63% of the company’s stock.

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.