Glass Jacobson Investment Advisors llc Boosts Holdings in Vertiv Holdings Co. $VRT

Glass Jacobson Investment Advisors llc raised its position in Vertiv Holdings Co. (NYSE:VRT) by 4.0% in the 2nd quarter, Holdings Channel reports. The firm owned 2,218 shares of the company’s stock after buying an additional 86 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in Vertiv were worth $285,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GW&K Investment Management LLC purchased a new stake in shares of Vertiv in the first quarter worth $26,000. SouthState Corp bought a new position in Vertiv in the 1st quarter worth about $27,000. Avion Wealth raised its holdings in shares of Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after acquiring an additional 106 shares in the last quarter. Sachetta LLC raised its holdings in shares of Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company’s stock valued at $32,000 after acquiring an additional 317 shares in the last quarter. Finally, OLD Point Trust & Financial Services N A bought a new stake in shares of Vertiv during the 2nd quarter valued at about $32,000. Institutional investors own 89.92% of the company’s stock.

Insider Buying and Selling

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the sale, the insider directly owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock valued at $23,360,571 over the last quarter. Company insiders own 2.63% of the company’s stock.

Wall Street Analyst Weigh In

VRT has been the topic of several research analyst reports. Rothschild & Co Redburn initiated coverage on shares of Vertiv in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 price objective on the stock. Citigroup increased their price target on shares of Vertiv from $192.00 to $198.00 and gave the stock a “buy” rating in a report on Thursday. William Blair started coverage on shares of Vertiv in a research report on Monday, July 28th. They set an “outperform” rating on the stock. TD Cowen upped their target price on shares of Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Rothschild Redb upgraded Vertiv to a “hold” rating in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $177.81.

Vertiv Price Performance

VRT stock opened at $185.87 on Friday. The firm has a market cap of $70.98 billion, a P/E ratio of 70.14, a P/E/G ratio of 1.49 and a beta of 1.84. The firm’s fifty day moving average is $147.30 and its 200 day moving average is $124.14. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $188.89. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.35 and a current ratio of 1.83.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $2.59 billion. During the same period in the prior year, the business posted $0.76 earnings per share. The company’s revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were given a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Vertiv 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.