Ballentine Partners LLC Invests $372,000 in Vertiv Holdings Co. $VRT

Key Points

• Ballentine Partners LLC has invested approximately $372,000 in Vertiv Holdings Co., acquiring 2,894 shares during the second quarter, according to a recent SEC filing.
• A significant percentage of Vertiv's stock, approximately 89.92%, is held by institutional investors, indicating strong interest from larger financial entities.
• Analysts have mixed views on Vertiv, with ratings varying from "strong buy" to "sell," and an average target price set at $142.25.

Ballentine Partners LLC acquired a new position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,894 shares of the company's stock, valued at approximately $372,000.

Several other large investors have also modified their holdings of the stock. Cigna Investments Inc. New lifted its holdings in shares of Vertiv by 3.5% in the second quarter. Cigna Investments Inc. New now owns 3,755 shares of the company's stock valued at $482,000 after purchasing an additional 127 shares in the last quarter. Accurate Wealth Management LLC purchased a new stake in shares of Vertiv in the second quarter valued at $272,000. AM Investment Strategies LLC purchased a new stake in shares of Vertiv in the second quarter valued at $316,000. Compagnie Lombard Odier SCmA lifted its holdings in shares of Vertiv by 7.6% in the second quarter. Compagnie Lombard Odier SCmA now owns 3,560 shares of the company's stock valued at $457,000 after purchasing an additional 250 shares in the last quarter. Finally, Financial Partners Group Inc purchased a new stake in shares of Vertiv in the second quarter valued at $401,000. 89.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VRT shares. Redburn Atlantic upgraded Vertiv to a "hold" rating in a report on Wednesday, August 20th. Rothschild & Co Redburn started coverage on Vertiv in a report on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 target price for the company. Glj Research assumed coverage on Vertiv in a report on Tuesday, August 19th. They issued a "sell" rating and a $112.00 target price for the company. Zacks Research upgraded Vertiv to a "strong-buy" rating in a report on Monday, August 11th. Finally, Bank of America increased their price objective on Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 17th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Vertiv presently has an average rating of "Moderate Buy" and an average target price of $142.25.

Insider Buying and Selling at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the 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 transaction, the director directly owned 4,631 shares of the company's stock, valued at $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the sale, the insider directly owned 18,848 shares in the company, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 180,952 shares of company stock valued at $23,360,571. Corporate insiders own 2.63% of the company's stock.

Vertiv Trading Down 0.9%

Vertiv stock opened at $138.57 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. The company has a market capitalization of $52.92 billion, a price-to-earnings ratio of 66.30, a PEG ratio of 1.22 and a beta of 1.78. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $155.84. The company's fifty day moving average price is $134.71 and its two-hundred day moving average price is $111.56.

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

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv's dividend payout ratio is presently 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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