Rollins Financial Advisors LLC decreased its position in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 59.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,630 shares of the company’s stock after selling 2,363 shares during the period. Rollins Financial Advisors LLC’s holdings in Vertiv were worth $209,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in Vertiv by 3.2% in the first quarter. Envestnet Asset Management Inc. now owns 480,639 shares of the company’s stock valued at $34,702,000 after purchasing an additional 15,104 shares during the period. TD Private Client Wealth LLC raised its stake in shares of Vertiv by 37.5% during the 1st quarter. TD Private Client Wealth LLC now owns 510 shares of the company’s stock worth $37,000 after buying an additional 139 shares in the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of Vertiv by 12.4% during the 1st quarter. Crossmark Global Holdings Inc. now owns 3,275 shares of the company’s stock worth $236,000 after buying an additional 361 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Vertiv by 15.0% in the 1st quarter. Stratos Wealth Partners LTD. now owns 3,873 shares of the company’s stock valued at $280,000 after buying an additional 506 shares during the period. Finally, Leavell Investment Management Inc. boosted its stake in shares of Vertiv by 35.1% in the first quarter. Leavell Investment Management Inc. now owns 3,330 shares of the company’s stock valued at $240,000 after buying an additional 865 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Vertiv news, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction dated 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 sale, the insider directly owned 12,803 shares of the company’s stock, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the sale, the insider owned 18,848 shares of the company’s stock, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 180,952 shares of company stock worth $23,360,571 in the last ninety days. 5.01% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Vertiv Stock Down 1.9%
Shares of NYSE VRT opened at $179.63 on Monday. The firm’s 50-day moving average is $159.40 and its two-hundred day moving average is $133.16. The company has a market capitalization of $68.68 billion, a PE ratio of 67.79, a price-to-earnings-growth ratio of 1.46 and a beta of 1.87. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $202.45. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43.
Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $2.59 billion. During the same period last year, the company posted $0.76 EPS. 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. Equities analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.
Vertiv Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio is currently 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.
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