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

Key Points

• Alta Advisers Ltd acquired 1,863 shares of Vertiv Holdings Co. valued at approximately $239,000 during Q2, indicating growing interest from institutional investors.
• Insider transactions showed a significant decrease in holdings, with director Jakki L. Haussler selling 15,680 shares and Paul Ryan selling 22,218 shares, representing decreases of 77.20% and 63.44% respectively.
• Vertiv's recent quarterly earnings exceeded expectations, reporting $0.95 EPS and $2.64 billion in revenue, reflective of a 35.1% year-over-year revenue increase.

Alta Advisers Ltd purchased a new position in Vertiv Holdings Co. (NYSE:VRT - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,863 shares of the company's stock, valued at approximately $239,000.

Other hedge funds also recently modified their holdings of the company. GW&K Investment Management LLC bought a new stake in shares of Vertiv in the 1st quarter worth approximately $26,000. SouthState Corp bought a new stake in shares of Vertiv in the 1st quarter worth approximately $27,000. North Star Investment Management Corp. raised its holdings in shares of Vertiv by 4,120.0% in the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after purchasing an additional 412 shares during the period. Sachetta LLC raised its holdings in shares of Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company's stock worth $32,000 after purchasing an additional 317 shares during the period. Finally, Banque Transatlantique SA bought a new stake in shares of Vertiv in the 1st quarter worth approximately $33,000. Institutional investors own 89.92% of the company's stock.

Insider Activity

In other news, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction on 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 completion of the transaction, the director directly owned 4,631 shares in the company, valued at $573,873.52. The trade was a 77.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Paul Ryan sold 22,218 shares of the company's stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the transaction, the insider owned 12,803 shares of the company's stock, valued at $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock valued at $23,360,571 over the last 90 days. Company insiders own 2.63% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Rothschild & Co Redburn assumed coverage on shares of Vertiv in a report on Wednesday, August 20th. They set a "neutral" rating and a $135.00 target price on the stock. Cfra Research raised shares of Vertiv to a "moderate buy" rating in a report on Tuesday, October 7th. Oppenheimer boosted their target price on shares of Vertiv from $140.00 to $151.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Barclays boosted their target price on shares of Vertiv from $128.00 to $145.00 and gave the company an "equal weight" rating in a report on Wednesday, October 1st. Finally, The Goldman Sachs Group set a $159.00 target price on shares of Vertiv in a report on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Vertiv presently has a consensus rating of "Moderate Buy" and a consensus target price of $149.84.

Vertiv Stock Up 0.1%

VRT opened at $169.09 on Friday. The company has a fifty day moving average price of $139.45 and a 200-day moving average price of $116.61. The firm has a market capitalization of $64.57 billion, a P/E ratio of 80.90, a price-to-earnings-growth ratio of 1.48 and a beta of 1.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $183.11.

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

Vertiv Dividend Announcement

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

About Vertiv

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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