Naviter Wealth LLC Takes $294,000 Position in Vertiv Holdings Co. $VRT

Naviter Wealth LLC acquired a new stake in Vertiv Holdings Co. (NYSE:VRT) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,289 shares of the company’s stock, valued at approximately $294,000.

Other institutional investors also recently modified their holdings of the company. FengHe Fund Management Pte. Ltd. bought a new stake in shares of Vertiv in the 1st quarter valued at $33,389,000. Fox Run Management L.L.C. boosted its stake in shares of Vertiv by 449.9% in the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock valued at $1,556,000 after purchasing an additional 17,627 shares during the last quarter. Trilogy Capital Inc. bought a new stake in shares of Vertiv in the 2nd quarter valued at $2,790,000. Maxi Investments CY Ltd boosted its stake in shares of Vertiv by 160.3% in the 1st quarter. Maxi Investments CY Ltd now owns 26,025 shares of the company’s stock valued at $1,879,000 after purchasing an additional 16,025 shares during the last quarter. Finally, Balboa Wealth Partners boosted its stake in shares of Vertiv by 68.9% in the 1st quarter. Balboa Wealth Partners now owns 29,408 shares of the company’s stock valued at $2,123,000 after purchasing an additional 12,001 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on VRT shares. JPMorgan Chase & Co. increased their target price on shares of Vertiv from $127.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Melius Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating and increased their target price for the stock from $134.00 to $165.00 in a research note on Tuesday, July 8th. Wolfe Research reissued an “outperform” rating and set a $155.00 target price on shares of Vertiv in a research note on Thursday, July 10th. Oppenheimer increased their target price on shares of Vertiv from $151.00 to $190.00 and gave the stock an “outperform” rating in a research note on Tuesday. Finally, Barclays increased their target price on shares of Vertiv from $128.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and an average target price of $151.89.

Vertiv Stock Down 2.2%

Vertiv stock opened at $174.99 on Wednesday. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $184.44. The firm has a market capitalization of $66.82 billion, a price-to-earnings ratio of 83.73, a price-to-earnings-growth ratio of 1.57 and a beta of 1.84. The firm’s fifty day moving average price is $140.96 and its two-hundred day moving average price is $118.02. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates 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 period last year, the firm earned $0.67 earnings per share. The business’s quarterly revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is 7.18%.

Insider Buying and Selling at Vertiv

In other news, Director Steven Reinemund sold 100,000 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the sale, the director owned 133,333 shares in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the sale, the insider owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock valued at $23,360,571 over the last ninety days. 5.01% of the stock is currently owned by corporate insiders.

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.