NorthCrest Asset Manangement LLC Has $823,000 Holdings in Vertiv Holdings Co. $VRT

NorthCrest Asset Manangement LLC cut its position in shares of Vertiv Holdings Co. (NYSE:VRT) by 3.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,440 shares of the company’s stock after selling 264 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in Vertiv were worth $823,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. GW&K Investment Management LLC acquired a new stake in shares of Vertiv during the first quarter worth $26,000. SouthState Corp acquired a new stake in shares of Vertiv during the first quarter worth $27,000. North Star Investment Management Corp. increased its position in shares of Vertiv by 4,120.0% during the first quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock worth $30,000 after buying an additional 412 shares during the period. Sachetta LLC increased its position in shares of Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company’s stock worth $32,000 after buying an additional 317 shares during the period. Finally, Banque Transatlantique SA acquired a new stake in shares of Vertiv during the first quarter worth $33,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of the business’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the transaction, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the transaction, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock valued at $23,360,571 over the last three months. Corporate insiders own 2.63% of the company’s stock.

Wall Street Analysts Forecast Growth

VRT has been the subject of several recent analyst reports. Citigroup increased their price objective on shares of Vertiv from $130.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. Evercore ISI restated an “outperform” rating on shares of Vertiv in a report on Thursday, July 10th. Wall Street Zen upgraded shares of Vertiv from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 21st. Redburn Atlantic upgraded shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. Finally, Royal Bank Of Canada raised their price target on shares of Vertiv from $143.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $142.00.

Vertiv Stock Up 1.4%

Shares of NYSE VRT opened at $143.99 on Friday. The stock has a market capitalization of $54.99 billion, a P/E ratio of 68.90, a P/E/G ratio of 1.25 and a beta of 1.78. The company has a 50-day moving average price of $133.18 and a 200-day moving average price of $109.32. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $155.84. 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 (NYSE:VRT) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. The firm had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business’s revenue was up 35.1% on a year-over-year basis. During the same period last year, the company earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Announces Dividend

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

Vertiv 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.