Vertiv (NYSE:VRT) EVP Stephen Liang Sells 5,501 Shares

Vertiv Holdings Co. (NYSE:VRT) EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the completion of the sale, the executive vice president directly owned 4,050 shares in the company, valued at approximately $690,444. This trade represents a 57.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Vertiv Stock Up 0.3%

NYSE VRT traded up $0.59 on Tuesday, hitting $169.50. 8,569,778 shares of the stock were exchanged, compared to its average volume of 7,446,132. 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 Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $202.45. The company has a market cap of $64.81 billion, a PE ratio of 63.96, a PEG ratio of 1.37 and a beta of 1.87. The company has a 50-day moving average price of $168.96 and a 200-day moving average price of $139.81.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. The business had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company’s revenue was up 29.0% on a year-over-year basis. During the same period last year, the business earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, November 25th. This is an increase from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is 4.15%.

Institutional Investors Weigh In On Vertiv

Large investors have recently modified their holdings of the stock. Financial Management Professionals Inc. raised its position in Vertiv by 1,560.0% during the 3rd quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after buying an additional 156 shares during the last quarter. Pacer Advisors Inc. grew its stake in Vertiv by 67.6% in the 3rd quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock valued at $26,000 after acquiring an additional 69 shares during the last quarter. True Wealth Design LLC raised its position in shares of Vertiv by 54.0% during the 3rd quarter. True Wealth Design LLC now owns 194 shares of the company’s stock worth $29,000 after purchasing an additional 68 shares during the last quarter. Quent Capital LLC purchased a new position in Vertiv in the 3rd quarter valued at about $30,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Vertiv in the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on VRT shares. William Blair assumed coverage on shares of Vertiv in a report on Monday, July 28th. They issued an “outperform” rating for the company. TD Cowen upped their price objective on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Cowen set a $210.00 price objective on Vertiv in a report on Thursday, October 23rd. Oppenheimer lifted their target price on Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. upped their target price on Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $177.81.

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.