Princeton Global Asset Management LLC Acquires 17,569 Shares of Vertiv Holdings Co. $VRT

by · The Cerbat Gem

Princeton Global Asset Management LLC boosted its holdings in Vertiv Holdings Co. (NYSE:VRTFree Report) by 8,784.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,769 shares of the company’s stock after acquiring an additional 17,569 shares during the period. Princeton Global Asset Management LLC’s holdings in Vertiv were worth $2,681,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in VRT. U.S. Capital Wealth Advisors LLC raised its position in shares of Vertiv by 3.4% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 19,247 shares of the company’s stock valued at $2,904,000 after purchasing an additional 630 shares during the period. Prentice Wealth Management LLC bought a new stake in shares of Vertiv during the 3rd quarter worth about $210,000. Redhawk Wealth Advisors Inc. acquired a new position in Vertiv in the 3rd quarter valued at about $738,000. Voya Investment Management LLC raised its holdings in Vertiv by 75.0% in the 3rd quarter. Voya Investment Management LLC now owns 1,153,998 shares of the company’s stock valued at $174,092,000 after acquiring an additional 494,534 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its position in Vertiv by 18.0% during the third quarter. Dynamic Advisor Solutions LLC now owns 9,414 shares of the company’s stock worth $1,420,000 after acquiring an additional 1,433 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Insider Transactions at Vertiv

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the completion of the transaction, the executive vice president directly owned 4,050 shares in the company, valued at $690,444. The trade was a 57.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.63% of the stock is owned by company insiders.

Vertiv Stock Performance

VRT opened at $159.72 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $202.45. The firm has a market cap of $61.07 billion, a P/E ratio of 60.27, a price-to-earnings-growth ratio of 1.24 and a beta of 2.03. The business’s fifty day moving average is $176.27 and its 200-day moving average is $147.64.

Vertiv (NYSE:VRTGet Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.25. The business had revenue of $2.68 billion during 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%. Vertiv’s revenue was up 29.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. Sell-side analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, November 25th were given a dividend of $0.0625 per share. The ex-dividend date was Tuesday, November 25th. This represents a $0.25 annualized dividend and a dividend yield of 0.2%. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio (DPR) is 9.43%.

Analyst Ratings Changes

Several research firms have recently commented on VRT. Morgan Stanley upped their target price on Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Wolfe Research lowered Vertiv from an “outperform” rating to a “peer perform” rating in a report on Tuesday, December 9th. Evercore ISI lifted their target price on Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. UBS Group boosted their target price on shares of Vertiv from $173.00 to $201.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Vertiv in a research report on Monday, December 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average price target of $180.48.

Read Our Latest Analysis on VRT

Vertiv Company Profile

(Free Report)

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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