1,863 Shares in Vertiv Holdings Co. $VRT Bought by Alta Advisers Ltd

Alta Advisers Ltd bought a new position in Vertiv Holdings Co. (NYSE:VRT) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,863 shares of the company’s stock, valued at approximately $239,000.

Several other institutional investors have also added to or reduced their stakes in the business. Presidio Capital Management LLC boosted 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 Vertiv by 2.8% during the second quarter. Grandview Asset Management LLC now owns 3,536 shares of the company’s stock valued at $454,000 after buying an additional 96 shares during the period. Ameriflex Group Inc. boosted its position in Vertiv by 14.9% during the second quarter. Ameriflex Group Inc. now owns 770 shares of the company’s stock valued at $95,000 after buying an additional 100 shares during the period. Cigna Investments Inc. New boosted its position in Vertiv by 3.5% during the second quarter. Cigna Investments Inc. New now owns 3,755 shares of the company’s stock valued at $482,000 after buying an additional 127 shares during the period. Finally, Commerce Bank boosted its position in Vertiv by 0.7% during the first quarter. Commerce Bank now owns 20,739 shares of the company’s stock valued at $1,497,000 after buying an additional 134 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction dated 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Steven Reinemund sold 100,000 shares of the stock in a transaction dated Tuesday, August 26th. The stock was 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 directly owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock valued at $23,360,571 in the last three months. Corporate insiders own 2.63% of the company’s stock.

Analyst Ratings Changes

VRT has been the subject of several analyst reports. The Goldman Sachs Group set a $159.00 price target on shares of Vertiv in a research report on Monday, September 29th. Morgan Stanley restated an “overweight” rating on shares of Vertiv in a research report on Sunday, August 10th. Glj Research assumed coverage on shares of Vertiv in a research report on Tuesday, August 19th. They set a “sell” rating and a $112.00 price target for the company. Evercore ISI upped their price objective on shares of Vertiv from $165.00 to $180.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Finally, Zacks Research downgraded shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and a consensus price target of $149.84.

Vertiv Stock Performance

Shares of NYSE:VRT opened at $169.09 on Friday. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $183.11. The company has a market cap of $64.57 billion, a price-to-earnings ratio of 80.90, a price-to-earnings-growth ratio of 1.48 and a beta of 1.84. The company has a 50-day moving average price of $139.45 and a 200-day moving average price of $116.61. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the prior year, the firm earned $0.67 earnings per share. Vertiv’s revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, equities analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

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

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.