2,839 Vertiv Holdings Co. $VRT Shares Acquired by Wedmont Private Capital

Wedmont Private Capital grew its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 57.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,823 shares of the company’s stock after purchasing an additional 2,839 shares during the quarter. Wedmont Private Capital’s holdings in Vertiv were worth $1,907,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sankala Group LLC purchased a new position in shares of Vertiv during the fourth quarter valued at about $27,000. MidFirst Bank purchased a new stake in Vertiv in the fourth quarter worth about $31,000. Sachetta LLC boosted its position in Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after acquiring an additional 36 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in Vertiv by 60.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after acquiring an additional 49 shares in the last quarter. Finally, Burkett Financial Services LLC purchased a new position in shares of Vertiv during the 3rd quarter worth approximately $35,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vertiv

In related news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the sale, the director owned 16,500 shares of the company’s stock, valued at $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by company insiders.

Vertiv Price Performance

Shares of NYSE:VRT opened at $242.91 on Friday. The business has a fifty day moving average price of $260.50 and a 200-day moving average price of $290.04. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The company has a market capitalization of $93.52 billion, a PE ratio of 54.96, a PEG ratio of 0.91 and a beta of 2.05. Vertiv Holdings Co. has a 1-year low of $147.82 and a 1-year high of $379.93.

Vertiv (NYSE:VRT – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, equities analysts expect that Vertiv Holdings Co. will post 6.73 EPS for the current fiscal year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 14th were issued a dividend of $0.0625 per share. The ex-dividend date was Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Analyst Ratings Changes

VRT has been the subject of several research reports. KeyCorp decreased their target price on Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. UBS Group reissued a “buy” rating and set a $370.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Jefferies Financial Group reduced their target price on shares of Vertiv from $320.00 to $245.00 and set a “hold” rating on the stock in a research report on Thursday, July 30th. Wall Street Zen upgraded shares of Vertiv from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Finally, The Goldman Sachs Group dropped their price objective on shares of Vertiv from $352.00 to $301.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $337.67.

Check Out Our Latest Report on VRT

Vertiv Company Profile

(Free Report)

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.

Read More

Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRT – Free Report).

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

Receive News & Ratings for Vertiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertiv and related companies with MarketBeat.com's FREE daily email newsletter.