Tripletail Wealth Management LLC Makes New $660,000 Investment in Vertiv Holdings Co. $VRT

Tripletail Wealth Management LLC purchased a new stake in Vertiv Holdings Co. (NYSE:VRT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,707 shares of the company’s stock, valued at approximately $660,000. Vertiv accounts for 1.0% of Tripletail Wealth Management LLC’s investment portfolio, making the stock its 24th biggest position.

A number of other institutional investors also recently modified their holdings of the company. Avion Wealth grew its holdings in shares of Vertiv by 99.1% during the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after buying an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A acquired a new position in Vertiv during the 2nd quarter worth approximately $32,000. DiNuzzo Private Wealth Inc. grew its stake in shares of Vertiv by 780.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after acquiring an additional 234 shares in the last quarter. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Vertiv in the second quarter valued at approximately $37,000. Finally, Garde Capital Inc. lifted its position in shares of Vertiv by 1,886.7% in the second quarter. Garde Capital Inc. now owns 298 shares of the company’s stock worth $38,000 after purchasing an additional 283 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

VRT has been the subject of a number of analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $204.00 target price on shares of Vertiv in a research report on Tuesday. Rothschild & Co Redburn assumed coverage on shares of Vertiv in a research note on Wednesday, August 20th. They set a “neutral” rating and a $135.00 price objective for the company. UBS Group raised their price objective on Vertiv from $173.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. KGI Securities upgraded Vertiv from a “hold” rating to an “outperform” rating in a report on Thursday, October 23rd. Finally, Wolfe Research cut Vertiv from an “outperform” rating to a “peer perform” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv has an average rating of “Moderate Buy” and an average target price of $180.48.

Vertiv Price Performance

Shares of NYSE VRT opened at $185.25 on Tuesday. The business’s 50 day moving average price is $175.78 and its two-hundred day moving average price is $144.56. The company has a market cap of $70.83 billion, a PE ratio of 69.90, a price-to-earnings-growth ratio of 1.53 and a beta of 2.03. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $202.45.

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, beating analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same period last year, the firm posted $0.76 earnings per share. The business’s revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. On average, analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The business 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 dividend on an annualized basis and a yield of 0.1%. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, November 25th. Vertiv’s dividend payout ratio (DPR) is presently 9.43%.

Insider Activity at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the transaction, the executive vice president directly owned 4,050 shares of the company’s stock, valued at $690,444. This represents a 57.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.01% of the stock is currently owned by corporate insiders.

Vertiv Company 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.