WealthBridge Capital Management LLC Buys 954 Shares of Vertiv Holdings Co. $VRT

by · The Cerbat Gem

WealthBridge Capital Management LLC increased its position in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 30.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,057 shares of the company’s stock after acquiring an additional 954 shares during the quarter. WealthBridge Capital Management LLC’s holdings in Vertiv were worth $521,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VRT. GW&K Investment Management LLC purchased a new stake in shares of Vertiv in the first quarter worth $26,000. SouthState Corp purchased a new position in shares of Vertiv during the 1st quarter valued at $27,000. Avion Wealth boosted its holdings in Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after buying an additional 106 shares during the period. OLD Point Trust & Financial Services N A purchased a new stake in Vertiv in the 2nd quarter worth $32,000. Finally, Banque Transatlantique SA purchased a new stake in Vertiv in the 1st quarter worth $33,000. Institutional investors own 89.92% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 139,298 shares of company stock valued at $17,770,188 in the last three months. Corporate insiders own 2.63% of the company’s stock.

Vertiv Stock Performance

NYSE VRT opened at $159.77 on Friday. 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 Holdings Co. has a 1-year low of $53.60 and a 1-year high of $202.45. The business has a 50 day simple moving average of $167.69 and a two-hundred day simple moving average of $138.15. The stock has a market capitalization of $61.09 billion, a PE ratio of 60.29, a P/E/G ratio of 1.30 and a beta of 1.87.

Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the prior year, the firm earned $0.76 EPS. The company’s revenue for the quarter 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. On average, research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.2%. This is an increase from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. Vertiv’s dividend payout ratio (DPR) is 4.15%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on VRT. Rothschild & Co Redburn began coverage on Vertiv in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 price objective on the stock. Rothschild Redb raised Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Cfra Research raised Vertiv to a “moderate buy” rating in a report on Tuesday, October 7th. Morgan Stanley increased their price objective on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Finally, Cowen set a $210.00 price objective on shares of Vertiv in a research report on Thursday, October 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Vertiv presently has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Check Out Our Latest Stock Report on Vertiv

Vertiv Company Profile

(Free Report)

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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