Vertiv Holdings Co. $VRT Shares Purchased by Spire Wealth Management

Spire Wealth Management increased its position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 335.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,324 shares of the company’s stock after buying an additional 26,446 shares during the quarter. Spire Wealth Management’s holdings in Vertiv were worth $5,561,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. lifted its stake in Vertiv by 1,560.0% in the third quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock valued at $25,000 after buying an additional 156 shares during the last quarter. Promus Capital LLC purchased a new position in shares of Vertiv during the second quarter worth approximately $26,000. Pacer Advisors Inc. grew its position in shares of Vertiv by 67.6% during the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after acquiring an additional 69 shares during the last quarter. True Wealth Design LLC increased its holdings in shares of Vertiv by 54.0% in the 3rd quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares during the period. Finally, Park Place Capital Corp raised its position in Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Ratings Changes

VRT has been the subject of a number of recent research reports. Roth Mkm reiterated a “buy” rating and set a $275.00 price target on shares of Vertiv in a research note on Thursday, February 12th. HSBC began coverage on shares of Vertiv in a research note on Wednesday. They issued a “buy” rating and a $325.00 price objective on the stock. Mizuho upped their target price on shares of Vertiv from $198.00 to $290.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Citigroup increased their target price on shares of Vertiv from $220.00 to $286.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, The Goldman Sachs Group raised their price target on Vertiv from $204.00 to $277.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $235.26.

Check Out Our Latest Research Report on Vertiv

Vertiv Stock Performance

NYSE:VRT opened at $251.07 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.55 and a quick ratio of 1.22. The firm has a market cap of $96.06 billion, a price-to-earnings ratio of 73.63, a price-to-earnings-growth ratio of 1.27 and a beta of 2.02. The firm’s fifty day moving average price is $231.64 and its 200 day moving average price is $190.15. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $282.05.

Vertiv (NYSE:VRTGet Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.07. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.89 billion. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. Vertiv’s quarterly revenue was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.99 EPS. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. On average, sell-side analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were given a $0.0625 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 7.33%.

Insider Transactions at Vertiv

In other news, Director Roger Fradin sold 101,666 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $252.13, for a total transaction of $25,633,048.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Anders Karlborg sold 30,487 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $246.92, for a total value of $7,527,850.04. Following the completion of the sale, the executive vice president directly owned 34,746 shares of the company’s stock, valued at $8,579,482.32. This represents a 46.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 489,761 shares of company stock valued at $123,356,815 over the last 90 days. Insiders own 2.63% of the company’s stock.

About Vertiv

(Free Report)

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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