Boothbay Fund Management LLC Has $8.13 Million Stock Position in Vertiv Holdings Co. $VRT

Key Points

• Boothbay Fund Management LLC increased its stake in Vertiv Holdings Co. by 45.9%, now owning 112,626 shares valued at $8.13 million after acquiring an additional 35,415 shares in the first quarter.
• Insiders have significantly reduced their holdings, with EVP Stephen Liang selling 43,683 shares and Director Steven Reinemund selling 100,000 shares, marking an 82.06% and 42.86% decrease in ownership, respectively.
• Analysts have a consensus rating of "Moderate Buy" for Vertiv stock, with a target price increase ranging from $142 to $165, reflecting a positive outlook following recent earnings results.

Boothbay Fund Management LLC boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 45.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 112,626 shares of the company's stock after purchasing an additional 35,415 shares during the period. Boothbay Fund Management LLC's holdings in Vertiv were worth $8,132,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. GW&K Investment Management LLC acquired a new stake in shares of Vertiv during the first quarter valued at approximately $26,000. SouthState Corp acquired a new stake in shares of Vertiv during the first quarter valued at approximately $27,000. North Star Investment Management Corp. raised its holdings 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 acquiring an additional 412 shares during the period. Sachetta LLC raised its holdings 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 acquiring an additional 317 shares during the period. Finally, Banque Transatlantique SA acquired a new stake in shares of Vertiv during the first quarter valued at approximately $33,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VRT. The Goldman Sachs Group restated a "buy" rating on shares of Vertiv in a report on Friday, July 11th. Wall Street Zen upgraded shares of Vertiv from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 21st. Mizuho upped their price objective on shares of Vertiv from $125.00 to $150.00 and gave the company an "outperform" rating in a research note on Wednesday, July 16th. Barclays set a $128.00 price objective on shares of Vertiv and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Finally, Rothschild Redb upgraded shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. 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 given a Sell rating to the company. According to data from MarketBeat.com, Vertiv currently has an average rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Stock Down 1.3%

Shares of VRT traded down $1.68 during mid-day trading on Friday, hitting $124.02. 7,717,454 shares of the company's stock were exchanged, compared to its average volume of 5,678,286. The firm has a fifty day moving average of $131.26 and a two-hundred day moving average of $106.53. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $155.84. The stock has a market cap of $47.36 billion, a price-to-earnings ratio of 59.34, a P/E/G ratio of 1.09 and a beta of 1.78. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly 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 company 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%. Vertiv's quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, September 15th. Vertiv's dividend payout ratio (DPR) is presently 7.18%.

Insider Transactions at Vertiv

In related news, Director Steven Reinemund sold 100,000 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the sale, the director owned 133,333 shares in the company, valued at $17,095,957.26. This trade represents a 42.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider owned 12,803 shares of the company's stock, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 165,272 shares of company stock valued at $21,417,505. Company insiders own 2.63% of the company's stock.

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.