Thompson Davis & CO. Inc. Buys New Position in Vertiv Holdings Co. $VRT

Thompson Davis & CO. Inc. purchased a new position in shares of Vertiv Holdings Co. (NYSE:VRT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,000 shares of the company’s stock, valued at approximately $385,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Avion Wealth boosted its stake in Vertiv by 99.1% during the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after buying an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A acquired a new stake in shares of Vertiv during the 2nd quarter valued at about $32,000. DiNuzzo Private Wealth Inc. increased its stake in Vertiv by 780.0% in the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock valued at $34,000 after acquiring an additional 234 shares during the period. University of Texas Texas AM Investment Management Co. acquired a new position in Vertiv in the second quarter worth about $37,000. Finally, Garde Capital Inc. lifted its stake in Vertiv by 1,886.7% during the second quarter. Garde Capital Inc. now owns 298 shares of the company’s stock worth $38,000 after purchasing an additional 283 shares during the period. 89.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Evercore ISI upped their price target on Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Cowen set a $210.00 price objective on Vertiv in a research note on Thursday, October 23rd. Oppenheimer upped their target price on shares of Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $216.00 price target on shares of Vertiv and gave the company a “buy” rating in a report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Trading Down 4.5%

Shares of VRT opened at $165.57 on Thursday. The stock’s fifty day simple moving average is $162.65 and its 200-day simple moving average is $134.81. The firm has a market capitalization of $63.31 billion, a PE ratio of 63.01, a price-to-earnings-growth ratio of 1.45 and a beta of 1.87. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $202.45. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. Vertiv’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were paid a $0.0375 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Insider Transactions at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction on 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 transaction, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the 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 of the company’s stock, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 139,298 shares of company stock valued at $17,770,188 over the last three months. Company 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.