Janney Montgomery Scott LLC Sells 30,861 Shares of Vertiv Holdings Co. $VRT

Janney Montgomery Scott LLC trimmed its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 17.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 144,081 shares of the company’s stock after selling 30,861 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vertiv were worth $18,501,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Presidio Capital Management LLC grew 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 valued at $772,000 after buying an additional 80 shares during the period. Grandview Asset Management LLC boosted its position in shares of Vertiv by 2.8% in 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. Cigna Investments Inc. New boosted its position in shares of Vertiv by 3.5% in the second quarter. Cigna Investments Inc. New now owns 3,755 shares of the company’s stock worth $482,000 after purchasing an additional 127 shares during the period. Commerce Bank boosted its position in shares of Vertiv by 0.7% during the first quarter. Commerce Bank now owns 20,739 shares of the company’s stock worth $1,497,000 after acquiring an additional 134 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its position in shares of Vertiv by 37.5% during the first quarter. TD Private Client Wealth LLC now owns 510 shares of the company’s stock worth $37,000 after acquiring an additional 139 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Insider Activity at Vertiv

In related news, insider Karsten Winther sold 41,654 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the transaction, the insider directly owned 18,848 shares of the company’s stock, valued at $2,529,590.08. This trade represents a 68.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the transaction, the director directly owned 4,631 shares of the company’s stock, valued at $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 2.63% of the company’s stock.

Vertiv Trading Up 0.1%

NYSE VRT opened at $161.72 on Friday. The company’s 50-day moving average price is $136.81 and its 200-day moving average price is $113.26. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The stock has a market cap of $61.75 billion, a PE ratio of 77.38, a PEG ratio of 1.43 and a beta of 1.84. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $168.99.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the prior year, the business earned $0.67 EPS. The firm’s quarterly revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were given a $0.0375 dividend. This represents a $0.15 annualized dividend 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 7.18%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on VRT shares. Mizuho upped their target price on shares of Vertiv from $125.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 16th. Rothschild & Co Redburn started coverage on shares of Vertiv in a research report on Wednesday, August 20th. They set a “neutral” rating and a $135.00 target price for the company. JPMorgan Chase & Co. upped their target price on shares of Vertiv from $127.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. William Blair initiated coverage on shares of Vertiv in a research note on Monday, July 28th. They set an “outperform” rating on the stock. Finally, Evercore ISI reaffirmed an “outperform” rating on shares of Vertiv in a research note on Thursday, July 10th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $144.95.

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.