Anson Funds Management LP Acquires 8,089 Shares of Vertiv Holdings Co. $VRT

Key Points

• Anson Funds Management LP increased its stake in Vertiv Holdings Co. by 80.9% in the 1st quarter, owning a total of 18,089 shares valued at $1,306,000.
• Insider Paul Ryan sold 22,218 shares of Vertiv stock, representing a 63.44% decrease in his position, while another insider, Steven Reinemund, sold 100,000 shares, decreasing his position by 42.86%.
• Vertiv recently announced a quarterly dividend of $0.0375 per share, equating to a 0.1% dividend yield, with the payout occurring on September 25th.

Anson Funds Management LP lifted its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 80.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,089 shares of the company's stock after acquiring an additional 8,089 shares during the period. Anson Funds Management LP's holdings in Vertiv were worth $1,306,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VRT. Strs Ohio acquired a new position in Vertiv in the 1st quarter valued at approximately $36,212,000. Foresight Group Ltd Liability Partnership bought a new stake in shares of Vertiv in the 1st quarter valued at $380,000. Rollins Financial Advisors LLC boosted its stake in shares of Vertiv by 9.4% in the 1st quarter. Rollins Financial Advisors LLC now owns 3,993 shares of the company's stock valued at $288,000 after purchasing an additional 344 shares during the last quarter. Westbourne Investments Inc. bought a new stake in shares of Vertiv in the 1st quarter valued at $344,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Vertiv by 51.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,243 shares of the company's stock valued at $234,000 after purchasing an additional 1,096 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Vertiv

In other news, Director Steven Reinemund sold 100,000 shares of the company's stock in a transaction dated 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 sale, the director directly owned 133,333 shares of the company's stock, valued at $17,095,957.26. This represents a 42.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction dated 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 sale, the insider directly owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock valued at $23,360,571 over the last quarter. Company insiders own 5.01% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on VRT. Melius Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating and upped their price objective for the company from $134.00 to $165.00 in a research note on Tuesday, July 8th. Citigroup upped their price objective on shares of Vertiv from $130.00 to $149.00 and gave the company a "buy" rating in a research note on Monday, July 14th. Rothschild Redb raised shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Mizuho increased their target price on shares of Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 16th. Finally, JPMorgan Chase & Co. increased their target price on shares of Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Vertiv currently has an average rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Price Performance

Vertiv stock traded up $6.84 during mid-day trading on Monday, hitting $141.64. 4,112,942 shares of the company traded hands, compared to its average volume of 8,986,468. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $155.84. The stock has a market cap of $54.09 billion, a price-to-earnings ratio of 67.81, a price-to-earnings-growth ratio of 1.19 and a beta of 1.78. 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 fifty day moving average price of $131.73 and a 200-day moving average price of $107.83.

Vertiv (NYSE:VRT - Get Free Report) last announced 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. 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 analysts' expectations of $2.36 billion. During the same quarter in the prior year, the company earned $0.67 EPS. The firm'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. On average, equities analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be issued a $0.0375 dividend. The ex-dividend date 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 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.