Alta Capital Management LLC Makes New Investment in Vertiv Holdings Co. $VRT

Alta Capital Management LLC acquired a new position in Vertiv Holdings Co. (NYSE:VRTFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,541 shares of the company’s stock, valued at approximately $326,000.

Other institutional investors have also added to or reduced their stakes in the company. FengHe Fund Management Pte. Ltd. bought a new position in Vertiv in the 1st quarter worth $33,389,000. Fox Run Management L.L.C. raised its holdings in Vertiv by 449.9% in the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock worth $1,556,000 after purchasing an additional 17,627 shares in the last quarter. Trilogy Capital Inc. bought a new position in Vertiv in the 2nd quarter worth $2,790,000. Maxi Investments CY Ltd raised its holdings in Vertiv by 160.3% in the 1st quarter. Maxi Investments CY Ltd now owns 26,025 shares of the company’s stock worth $1,879,000 after purchasing an additional 16,025 shares in the last quarter. Finally, Balboa Wealth Partners increased its stake in shares of Vertiv by 68.9% in the 1st quarter. Balboa Wealth Partners now owns 29,408 shares of the company’s stock worth $2,123,000 after acquiring an additional 12,001 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors.

Vertiv Stock Performance

Shares of VRT stock opened at $180.33 on Thursday. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $184.44. The company’s 50-day moving average is $141.77 and its 200 day moving average is $118.45. The company has a market capitalization of $68.86 billion, a price-to-earnings ratio of 86.28, a price-to-earnings-growth ratio of 1.51 and a beta of 1.84. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74.

Vertiv (NYSE:VRTGet Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating 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 the consensus estimate of $2.36 billion. During the same period in the prior year, the firm posted $0.67 EPS. Vertiv’s revenue for the quarter was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Sell-side analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were given a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio is 7.18%.

Analyst Ratings Changes

Several research analysts recently issued reports on VRT shares. Redburn Atlantic upgraded shares of Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Oppenheimer increased their price target on shares of Vertiv from $151.00 to $190.00 and gave the stock an “outperform” rating in a research note on Tuesday. Wall Street Zen upgraded shares of Vertiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 21st. William Blair started coverage on shares of Vertiv in a research note on Monday, July 28th. They issued an “outperform” rating for the company. Finally, Royal Bank Of Canada increased their price target on shares of Vertiv from $143.00 to $162.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $157.90.

Read Our Latest Stock Report on Vertiv

Insider Activity

In other news, Director Steven Reinemund sold 100,000 shares of the firm’s stock in a transaction dated 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 sale, the director owned 133,333 shares of the company’s stock, valued at $17,095,957.26. This trade represents a 42.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the sale, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 2.63% of the company’s stock.

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.

See Also

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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