Apollon Wealth Management LLC increased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 19.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,930 shares of the company’s stock after buying an additional 3,668 shares during the period. Apollon Wealth Management LLC’s holdings in Vertiv were worth $2,944,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Vertiv by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock worth $2,723,034,000 after buying an additional 1,359,070 shares during the period. Amundi boosted its position in Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after buying an additional 3,420,144 shares during the period. Fred Alger Management LLC boosted its position in Vertiv by 19.6% during the 1st quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company’s stock worth $252,416,000 after buying an additional 572,545 shares during the period. Dimensional Fund Advisors LP boosted its position in Vertiv by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company’s stock worth $205,085,000 after buying an additional 182,937 shares during the period. Finally, 1832 Asset Management L.P. boosted its position in Vertiv by 985.3% during the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock worth $166,183,000 after buying an additional 2,089,612 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on VRT shares. Rothschild & Co Redburn started coverage on shares of Vertiv in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 price target on the stock. Cfra Research upgraded shares of Vertiv to a “moderate buy” rating in a research report on Tuesday, October 7th. The Goldman Sachs Group set a $159.00 price target on shares of Vertiv in a research report on Monday, September 29th. Roth Capital restated a “buy” rating and issued a $162.00 price target on shares of Vertiv in a research report on Thursday, September 25th. Finally, Melius Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating and boosted their price target for the stock from $134.00 to $165.00 in a research report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and a consensus price target of $149.84.
Vertiv Stock Performance
NYSE:VRT opened at $169.09 on Monday. The company has a fifty day moving average of $139.45 and a 200-day moving average of $116.89. The firm has a market capitalization of $64.57 billion, a P/E ratio of 80.90, a P/E/G ratio of 1.48 and a beta of 1.84. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $183.11.
Vertiv (NYSE:VRT – Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.12. The company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. Vertiv’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current 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 paid a $0.0375 dividend. The ex-dividend date was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is currently 7.18%.
Insider Activity at Vertiv
In other news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction 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 completion of the sale, the insider owned 12,803 shares in the company, valued at $1,630,334.02. The trade was a 63.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the sale, the director owned 133,333 shares of the company’s stock, valued at $17,095,957.26. This trade represents a 42.86% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 180,952 shares of company stock worth $23,360,571. 5.01% of the stock is owned by insiders.
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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