12,677 Shares in Vertiv Holdings Co. $VRT Bought by Park Avenue Securities LLC

Key Points

• Park Avenue Securities LLC acquired 12,677 shares of Vertiv Holdings Co. valued at approximately $1,628,000 during the 2nd quarter.
• Institutional investors now own 89.92% of Vertiv's stock, with several major funds increasing their positions significantly in recent quarters.
• Vertiv reported a 35.1% year-over-year revenue increase for its last quarter, exceeding analysts' expectations with earnings of $0.95 per share.

Park Avenue Securities LLC acquired a new stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 12,677 shares of the company's stock, valued at approximately $1,628,000.

A number of other large investors have also recently added to or reduced their stakes in VRT. Vanguard Group Inc. lifted its holdings in shares of Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after purchasing an additional 1,359,070 shares in the last quarter. Amundi raised its position in Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock valued at $469,490,000 after buying an additional 3,420,144 shares during the last quarter. Fred Alger Management LLC lifted its stake in Vertiv by 19.6% in the 1st quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock valued at $252,416,000 after acquiring an additional 572,545 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Vertiv by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock worth $205,085,000 after acquiring an additional 182,937 shares during the last quarter. Finally, 1832 Asset Management L.P. grew its stake in shares of Vertiv by 985.3% during the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock worth $166,183,000 after acquiring an additional 2,089,612 shares in the last quarter. Institutional investors own 89.92% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on VRT shares. Evercore ISI restated an "outperform" rating on shares of Vertiv in a report on Thursday, July 10th. UBS Group increased their price objective on shares of Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Roth Capital reaffirmed a "buy" rating and issued a $162.00 target price on shares of Vertiv in a research report on Thursday. Rothschild & Co Redburn initiated coverage on Vertiv in a research report on Wednesday, August 20th. They set a "neutral" rating and a $135.00 price target for the company. Finally, Citigroup boosted their price target on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Vertiv presently has a consensus rating of "Moderate Buy" and an average target price of $142.25.

Insider Activity at Vertiv

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the business's stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the sale, the director owned 133,333 shares of the company's stock, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by corporate insiders.

Vertiv Trading Down 1.4%

Vertiv stock opened at $139.68 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The stock has a 50-day simple moving average of $134.52 and a 200 day simple moving average of $111.00. The stock has a market capitalization of $53.34 billion, a P/E ratio of 66.83, a PEG ratio of 1.25 and a beta of 1.78. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.12. The company had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business's revenue was up 35.1% on a year-over-year basis. During the same period last year, the firm posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Analysts expect 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. Stockholders of record on Monday, September 15th were given a $0.0375 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv's dividend payout ratio is presently 7.18%.

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.

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