Blair William & Co. IL Increases Stock Position in Vertiv Holdings Co. $VRT

Key Points

• Blair William & Co. IL increased its stake in Vertiv Holdings Co. by 5.9% in Q2, now holding 43,259 shares valued at approximately $5.56 million.
• Insider trading activity included the sale of 41,654 shares by Karsten Winther, resulting in a 68.85% decrease in his ownership in the company.
• Analysts show strong support for Vertiv, with 18 buy ratings and a current consensus target price of $149.84.

Blair William & Co. IL boosted its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 5.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,259 shares of the company's stock after acquiring an additional 2,405 shares during the period. Blair William & Co. IL's holdings in Vertiv were worth $5,555,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VRT. GW&K Investment Management LLC purchased a new stake in Vertiv in the first quarter valued at $26,000. SouthState Corp purchased a new stake in Vertiv in the first quarter valued at $27,000. North Star Investment Management Corp. lifted its position in Vertiv by 4,120.0% in the first quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock valued at $30,000 after acquiring an additional 412 shares during the last quarter. Sachetta LLC lifted its position in Vertiv by 242.0% in the first quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after acquiring an additional 317 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new stake in Vertiv in the first quarter valued at $33,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Vertiv

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the company's 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 transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the company's stock in a transaction dated 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 sale, the director directly owned 4,631 shares in the company, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 180,952 shares of company stock valued at $23,360,571. 5.01% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have commented on VRT shares. William Blair started coverage on shares of Vertiv in a research note on Monday, July 28th. They issued an "outperform" rating on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Roth Capital restated a "buy" rating and issued a $162.00 price objective on shares of Vertiv in a research note on Thursday, September 25th. Wolfe Research restated an "outperform" rating and issued a $155.00 price objective on shares of Vertiv in a research note on Thursday, July 10th. Finally, Citigroup lifted their price objective on shares of Vertiv from $167.00 to $192.00 and gave the company a "buy" rating in a research note on Thursday. One investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $149.84.

Vertiv Trading Up 0.1%

Shares of Vertiv stock opened at $169.09 on Monday. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $183.11. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The company's 50-day simple moving average is $139.45 and its 200-day simple moving average is $116.89. The firm has a market cap of $64.57 billion, a price-to-earnings ratio of 80.90, a price-to-earnings-growth ratio of 1.48 and a beta of 1.84.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping 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 business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the previous year, the business posted $0.67 earnings per share. The business's revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The business 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 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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