Grassi Investment Management Boosts Stake in Vertiv Holdings Co. $VRT

Grassi Investment Management boosted its stake in Vertiv Holdings Co. (NYSE:VRT) by 7.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 51,435 shares of the company’s stock after acquiring an additional 3,535 shares during the period. Grassi Investment Management’s holdings in Vertiv were worth $6,605,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in VRT. Ibex Wealth Advisors lifted its holdings in Vertiv by 10.5% in the 1st quarter. Ibex Wealth Advisors now owns 73,739 shares of the company’s stock valued at $5,324,000 after purchasing an additional 6,989 shares in the last quarter. FengHe Fund Management Pte. Ltd. purchased a new position in Vertiv in the 1st quarter valued at about $33,389,000. Outlook Wealth Advisors LLC purchased a new position in shares of Vertiv during the first quarter valued at approximately $475,000. Fox Run Management L.L.C. lifted its stake in shares of Vertiv by 449.9% during the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock valued at $1,556,000 after buying an additional 17,627 shares during the period. Finally, Maxi Investments CY Ltd lifted its stake in shares of Vertiv by 160.3% during the first quarter. Maxi Investments CY Ltd now owns 26,025 shares of the company’s stock valued at $1,879,000 after buying an additional 16,025 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on VRT shares. Mizuho increased their price target on Vertiv from $125.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 16th. Roth Capital reiterated a “buy” rating and set a $162.00 target price on shares of Vertiv in a research report on Thursday, September 25th. Citigroup increased their target price on Vertiv from $130.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. Melius upgraded shares of Vertiv from a “hold” rating to a “buy” rating and set a $165.00 price objective on the stock in a report on Tuesday, July 8th. Finally, UBS Group increased their price objective on shares of Vertiv from $135.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $144.95.

Insider Buying and Selling

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction dated 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 transaction, the insider directly owned 12,803 shares of the company’s stock, valued at $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the transaction, the insider directly owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is owned by company insiders.

Vertiv Stock Performance

Vertiv stock opened at $160.45 on Friday. The stock’s 50-day moving average is $137.27 and its 200-day moving average is $113.78. The company has a market cap of $61.27 billion, a price-to-earnings ratio of 76.77, a price-to-earnings-growth ratio of 1.42 and a beta of 1.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $168.99.

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

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given a $0.0375 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) 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.