Alpine Global Management LLC Acquires New Holdings in Vertiv Holdings Co. $VRT

Key Points

• Alpine Global Management LLC has acquired a new position in Vertiv Holdings Co., purchasing 3,513 shares valued at approximately $254,000.
• Institutional investments in Vertiv have surged, with multiple funds like Vanguard Group Inc. and 1832 Asset Management L.P. increasing their stakes significantly in the first quarter.
• Vertiv has recently declared a dividend of $0.0375, reflecting a positive change and a yield of 14.0%, with a consistent quarterly revenue increase of 35.1% year-over-year.

Alpine Global Management LLC purchased a new stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,513 shares of the company's stock, valued at approximately $254,000.

Other institutional investors have also recently made changes to their positions in the company. Colonial Trust Co SC lifted its holdings in shares of Vertiv by 211.9% in the 4th quarter. Colonial Trust Co SC now owns 315 shares of the company's stock valued at $36,000 after acquiring an additional 214 shares during the last quarter. Ameriflex Group Inc. bought a new position in shares of Vertiv in the 4th quarter valued at about $37,000. GW&K Investment Management LLC bought a new position in shares of Vertiv in the 1st quarter valued at about $26,000. SouthState Corp bought a new position in shares of Vertiv in the 1st quarter valued at about $27,000. Finally, BNP Paribas bought a new position in shares of Vertiv in the 4th quarter valued at about $45,000. Institutional investors own 89.92% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on VRT shares. Bank of America raised their price objective on shares of Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a research note on Thursday, July 17th. UBS Group raised 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. Redburn Atlantic raised shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Zacks Research raised shares of Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. Finally, Melius raised shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective for the company in a research note on Tuesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $142.00.

Vertiv Trading Down 4.9%

Shares of NYSE:VRT traded down $6.53 during trading on Monday, reaching $127.70. 6,363,320 shares of the company were exchanged, compared to its average volume of 5,898,191. The firm has a market capitalization of $48.76 billion, a PE ratio of 61.10, a P/E/G ratio of 1.13 and a beta of 1.78. The business's fifty day simple moving average is $131.19 and its 200-day simple moving average is $106.06. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84. 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 (NYSE:VRT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. The business had revenue of $2.64 billion for 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 company's quarterly revenue was up 35.1% compared to the same quarter last year. During the same period last year, the company posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 26th. Stockholders of record on Tuesday, June 17th were given a dividend of $0.0375 per share. This represents a dividend yield of 14.0%. This is a boost from Vertiv's previous dividend of $0.01. The ex-dividend date of this dividend was Monday, June 16th. Vertiv's dividend payout ratio is 7.18%.

Insider Activity at Vertiv

In related news, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Paul Ryan sold 22,218 shares of Vertiv 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 transaction, the insider directly owned 12,803 shares in the company, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 208,955 shares of company stock valued at $26,477,307. 5.01% of the stock is owned by insiders.

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.