Vertiv Holdings Co. $VRT Stake Boosted by Spire Wealth Management

Spire Wealth Management boosted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 110.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,878 shares of the company’s stock after purchasing an additional 4,128 shares during the quarter. Spire Wealth Management’s holdings in Vertiv were worth $1,188,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Financial Management Professionals Inc. boosted its holdings in shares of Vertiv by 1,560.0% in the 3rd 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 period. Promus Capital LLC bought a new position in Vertiv in the second quarter worth about $26,000. Pacer Advisors Inc. lifted its holdings in Vertiv by 67.6% in 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. Avion Wealth boosted its stake in Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after acquiring an additional 106 shares during the period. Finally, True Wealth Design LLC grew its holdings in shares of Vertiv by 54.0% during the third quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Insider Buying and Selling at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the sale, the executive vice president owned 4,050 shares in the company, valued at $690,444. This represents a 57.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 2.63% of the stock is currently owned by company insiders.

Vertiv Stock Up 1.8%

VRT stock opened at $163.64 on Friday. The firm’s 50-day moving average is $171.53 and its two-hundred day moving average is $153.14. The company has a market capitalization of $62.56 billion, a price-to-earnings ratio of 61.75, a price-to-earnings-growth ratio of 1.02 and a beta of 2.06. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $202.45. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83.

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

Vertiv Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th were paid a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio (DPR) is presently 9.43%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on VRT shares. KGI Securities raised Vertiv from a “hold” rating to an “outperform” rating in a report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft set a $216.00 target price on Vertiv and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Morgan Stanley boosted their price target on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Citigroup increased their price objective on shares of Vertiv from $198.00 to $220.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Finally, UBS Group boosted their target price on shares of Vertiv from $173.00 to $201.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $181.38.

About Vertiv

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.