Delta Investment Management LLC Has $884,000 Stake in Vertiv Holdings Co. $VRT

Delta Investment Management LLC boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 32.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,885 shares of the company’s stock after buying an additional 1,674 shares during the quarter. Delta Investment Management LLC’s holdings in Vertiv were worth $884,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of VRT. Western Wealth Management LLC acquired a new position in Vertiv during the first quarter worth $373,000. PDS Planning Inc acquired a new stake in shares of Vertiv in the first quarter valued at about $239,000. Transcend Capital Advisors LLC grew its position in shares of Vertiv by 52.6% in the first quarter. Transcend Capital Advisors LLC now owns 4,351 shares of the company’s stock valued at $314,000 after purchasing an additional 1,500 shares during the last quarter. Achmea Investment Management B.V. grew its position in shares of Vertiv by 42.5% in the first quarter. Achmea Investment Management B.V. now owns 64,984 shares of the company’s stock valued at $4,691,000 after purchasing an additional 19,387 shares during the last quarter. Finally, Copeland Capital Management LLC grew its position in shares of Vertiv by 547.6% in the first quarter. Copeland Capital Management LLC now owns 9,293 shares of the company’s stock valued at $671,000 after purchasing an additional 7,858 shares during the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Vertiv

In other Vertiv news, 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 transaction of $2,829,240.12. Following the transaction, the insider owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director owned 133,333 shares in the company, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 180,952 shares of company stock worth $23,360,571. 5.01% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on VRT shares. Oppenheimer raised their price target on Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday. Wolfe Research reissued an “outperform” rating and set a $155.00 target price on shares of Vertiv in a research report on Thursday, July 10th. JPMorgan Chase & Co. lifted their target price on Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. The Goldman Sachs Group set a $182.00 target price on Vertiv in a research report on Thursday. Finally, Weiss Ratings upgraded shares of Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $177.81.

Vertiv Price Performance

Shares of NYSE VRT opened at $185.87 on Monday. The company has a fifty day moving average price of $147.30 and a 200 day moving average price of $124.50. 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 Holdings Co. has a 1-year low of $53.60 and a 1-year high of $188.89. The firm has a market cap of $70.98 billion, a PE ratio of 70.14, a PEG ratio of 1.51 and a beta of 1.84.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $0.99 by $0.25. The firm had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio 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.