Shorepoint Capital Partners LLC Takes $4.60 Million Position in Vertiv Holdings Co. $VRT

Shorepoint Capital Partners LLC acquired a new position in Vertiv Holdings Co. (NYSE:VRT) during the third quarter, Holdings Channel reports. The institutional investor acquired 30,456 shares of the company’s stock, valued at approximately $4,595,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Promus Capital LLC acquired a new position in shares of Vertiv in the 2nd quarter valued at $26,000. Avion Wealth boosted its stake in Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after purchasing an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A bought a new stake in Vertiv during the 2nd quarter worth about $32,000. DiNuzzo Private Wealth Inc. grew its stake in shares of Vertiv by 780.0% during the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after purchasing an additional 234 shares during the last quarter. Finally, University of Texas Texas AM Investment Management Co. bought a new position in Vertiv in the second quarter valued at about $37,000. 89.92% of the stock is owned by institutional investors.

Insider Buying and Selling at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $170.48, for a total transaction of $937,810.48. Following the sale, the executive vice president owned 4,050 shares in the company, valued at $690,444. This represents a 57.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 2.63% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on VRT shares. Cowen reiterated a “buy” rating and set a $211.00 target price on shares of Vertiv in a research report on Monday, December 1st. Weiss Ratings reissued a “buy (b)” rating on shares of Vertiv in a research note on Monday, December 8th. Deutsche Bank Aktiengesellschaft set a $216.00 target price on Vertiv and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Morgan Stanley increased their price target on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Finally, The Goldman Sachs Group boosted their price objective on shares of Vertiv from $182.00 to $204.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $180.48.

Vertiv Trading Up 0.2%

VRT opened at $161.55 on Tuesday. The firm’s fifty day simple moving average is $177.07 and its 200 day simple moving average is $146.85. The stock has a market capitalization of $61.77 billion, a P/E ratio of 60.96, a P/E/G ratio of 1.30 and a beta of 2.03. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $202.45.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same period in the previous year, the company posted $0.76 earnings per share. The company’s quarterly 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, research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

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

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.