7,777 Shares in Vertiv Holdings Co. $VRT Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. bought a new stake in Vertiv Holdings Co. (NYSE:VRT) in the second quarter, HoldingsChannel reports. The fund bought 7,777 shares of the company’s stock, valued at approximately $999,000.

Several other institutional investors also recently added to or reduced their stakes in the company. Richard W. Paul & Associates LLC increased its holdings in shares of Vertiv by 0.9% in the 2nd quarter. Richard W. Paul & Associates LLC now owns 8,804 shares of the company’s stock valued at $1,130,000 after acquiring an additional 79 shares during the period. Presidio Capital Management LLC grew its position in Vertiv by 1.3% during the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock worth $772,000 after purchasing an additional 80 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its stake in Vertiv by 4.0% in the second quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock valued at $285,000 after purchasing an additional 86 shares during the period. Grandview Asset Management LLC raised its holdings in shares of Vertiv by 2.8% in the second quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock valued at $454,000 after buying an additional 96 shares during the last quarter. Finally, Ameriflex Group Inc. boosted its stake in shares of Vertiv by 14.9% during the second quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock worth $95,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

NYSE VRT opened at $161.55 on Tuesday. 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 business has a fifty day moving average of $177.07 and a 200-day moving average of $146.85. The stock has a market cap of $61.77 billion, a price-to-earnings ratio of 60.96, a price-to-earnings-growth ratio of 1.30 and a beta of 2.03.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The firm 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%. Vertiv’s revenue was up 29.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, analysts predict 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 will be paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th will be issued a $0.0625 dividend. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.2%. Vertiv’s dividend payout ratio (DPR) is 9.43%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on VRT shares. Deutsche Bank Aktiengesellschaft set a $216.00 price objective on Vertiv and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Morgan Stanley boosted their price objective on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. The Goldman Sachs Group upped their price objective on shares of Vertiv from $182.00 to $204.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Finally, Wolfe Research cut shares of Vertiv from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, December 9th. Two analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and an average target price of $180.48.

Insider Buying and Selling at Vertiv

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of Vertiv 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 transaction, the executive vice president directly owned 4,050 shares of the company’s stock, valued at $690,444. The trade was a 57.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.63% of the stock is owned by corporate insiders.

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.