Thompson Davis & CO. Inc. Purchases Shares of 3,000 Vertiv Holdings Co. $VRT

Thompson Davis & CO. Inc. acquired a new stake in Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,000 shares of the company’s stock, valued at approximately $385,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VRT. Presidio Capital Management LLC lifted its position in Vertiv by 1.3% during the second quarter. Presidio Capital Management LLC now owns 6,010 shares of the company’s stock worth $772,000 after acquiring an additional 80 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its stake in shares of Vertiv by 4.0% during the second quarter. Glass Jacobson Investment Advisors llc now owns 2,218 shares of the company’s stock worth $285,000 after purchasing an additional 86 shares during the period. Grandview Asset Management LLC increased its stake in shares of Vertiv by 2.8% during the second quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock worth $454,000 after purchasing an additional 96 shares during the period. Ameriflex Group Inc. lifted its holdings in Vertiv by 14.9% during the 2nd quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock worth $95,000 after purchasing an additional 100 shares during the last quarter. Finally, Avion Wealth boosted its stake in Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after purchasing an additional 106 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Down 4.5%

Shares of NYSE VRT opened at $165.57 on Thursday. The company has a market cap of $63.31 billion, a price-to-earnings ratio of 63.01, a PEG ratio of 1.45 and a beta of 1.87. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $202.45. The stock has a 50-day moving average price of $162.65 and a two-hundred day moving average price of $134.81.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) 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 in the prior year, the company earned $0.76 EPS. The firm’s quarterly revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were paid a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Insider Activity

In related news, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 139,298 shares of company stock valued at $17,770,188 over the last quarter. 2.63% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on VRT. Weiss Ratings downgraded shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, November 7th. Rothschild Redb upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Evercore ISI increased 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. Mizuho boosted their price target on Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Finally, Glj Research assumed coverage on shares of Vertiv in a research note on Tuesday, August 19th. They set a “sell” rating and a $112.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average target price of $177.81.

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.