Alyeska Investment Group L.P. Purchases 186,981 Shares of Vertiv Holdings Co. $VRT

Key Points

• Alyeska Investment Group L.P. increased its stake in Vertiv Holdings Co. by 31.5%, owning 779,922 shares valued at approximately $56.31 million after acquiring an additional 186,981 shares.
• Vertiv reported earnings per share of $0.95 for the recent quarter, exceeding the expected $0.83 and marking a 35.1% revenue increase year-over-year.
• Wall Street analysts maintain a consensus rating of "Moderate Buy" for Vertiv, with a price target averaging $142.00, indicating positive growth potential.

Alyeska Investment Group L.P. grew its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 31.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 779,922 shares of the company's stock after purchasing an additional 186,981 shares during the period. Alyeska Investment Group L.P. owned approximately 0.20% of Vertiv worth $56,310,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VRT. GW&K Investment Management LLC acquired a new stake in shares of Vertiv in the first quarter valued at about $26,000. SouthState Corp acquired a new stake in shares of Vertiv in the 1st quarter valued at $27,000. North Star Investment Management Corp. boosted its stake in shares of Vertiv by 4,120.0% during the first quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock valued at $30,000 after purchasing an additional 412 shares in the last quarter. Sachetta LLC boosted its stake in shares of Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after purchasing an additional 317 shares in the last quarter. Finally, Colonial Trust Co SC lifted its position in shares of Vertiv by 211.9% in the 4th quarter. Colonial Trust Co SC now owns 315 shares of the company's stock worth $36,000 after purchasing an additional 214 shares during the period. Institutional investors and hedge funds own 89.92% of the company's stock.

Analyst Upgrades and Downgrades

VRT has been the topic of a number of research reports. Zacks Research raised Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. Melius Research raised Vertiv from a "hold" rating to a "strong-buy" rating and upped their target price for the company from $134.00 to $165.00 in a report on Tuesday, July 8th. Bank of America upped their price objective on Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Royal Bank Of Canada increased their target price on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Finally, Wall Street Zen upgraded Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. Two research 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 company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $142.00.

Insider Activity at Vertiv

In related news, insider Karsten Winther sold 41,654 shares of the company's stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the transaction, the insider directly owned 18,848 shares of the company's stock, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the company's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director directly owned 133,333 shares in the company, valued at $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 165,272 shares of company stock valued at $21,417,505. 2.63% of the stock is owned by corporate insiders.

Vertiv Stock Down 1.3%

Vertiv stock traded down $1.68 during trading hours on Friday, hitting $124.02. 7,717,454 shares of the stock traded hands, compared to its average volume of 5,678,286. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The firm's 50-day moving average price is $131.26 and its two-hundred day moving average price is $106.53. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $155.84. The company has a market cap of $47.36 billion, a PE ratio of 59.34, a PEG ratio of 1.09 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly 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. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. During the same period in the previous year, the firm posted $0.67 EPS. The business's revenue for the quarter was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, September 15th will be given a $0.0375 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv's dividend payout ratio is 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.