Drive Wealth Management LLC bought a new position in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 1,662 shares of the company’s stock, valued at approximately $269,000.
Other institutional investors also recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Vertiv during the 4th quarter worth $29,000. Park Place Capital Corp boosted its position in shares of Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after purchasing an additional 156 shares in the last quarter. Quent Capital LLC purchased a new stake in shares of Vertiv during the 3rd quarter worth $30,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Vertiv during the 3rd quarter worth $30,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Vertiv during the 3rd quarter worth $31,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Vertiv
In related news, Director Roger Fradin sold 101,667 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $253.42, for a total value of $25,764,451.14. Following the completion of the transaction, the director owned 40,000 shares of the company’s stock, valued at approximately $10,136,800. The trade was a 71.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Steven Reinemund sold 65,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $253.95, for a total transaction of $16,506,750.00. Following the completion of the transaction, the director directly owned 68,333 shares of the company’s stock, valued at $17,353,165.35. The trade was a 48.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 489,761 shares of company stock worth $123,356,815 in the last ninety days. Company insiders own 1.10% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on VRT
Vertiv Trading Down 0.1%
NYSE:VRT opened at $367.37 on Wednesday. The stock has a fifty day simple moving average of $286.38 and a 200-day simple moving average of $221.67. Vertiv Holdings Co. has a 52-week low of $100.90 and a 52-week high of $371.99. The company has a market capitalization of $141.11 billion, a PE ratio of 92.31, a price-to-earnings-growth ratio of 1.58 and a beta of 2.09. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.
Vertiv (NYSE:VRT – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the previous year, the company posted $0.64 EPS. The firm’s revenue for the quarter was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, equities research analysts expect that Vertiv Holdings Co. will post 6.42 earnings per share for the current fiscal year.
Vertiv Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were paid a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is presently 6.28%.
Vertiv Profile
Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.
The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.
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