Capstone Capital Management Ltd Purchases 5,869 Shares of Vertiv Holdings Co. $VRT

Key Points

• Capstone Capital Management initiated a Vertiv position by purchasing 5,869 shares valued at approximately $1.42 million. Institutional investors collectively own 89.92% of Vertiv’s stock.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and a $335.67 price target, although several firms recently lowered their targets.
• Vertiv’s stock opened at $203.12, down 1.4%, while its latest quarterly results showed adjusted EPS of $1.52, beating estimates, and revenue growth of 24.1% year over year.

Capstone Capital Management Ltd acquired a new position in Vertiv Holdings Co. (NYSE:VRT - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,869 shares of the company's stock, valued at approximately $1,416,000.

Several other hedge funds have also bought and sold shares of VRT. State Street Corp lifted its position in shares of Vertiv by 4.5% in the second quarter. State Street Corp now owns 16,531,530 shares of the company's stock valued at $5,535,087,000 after acquiring an additional 704,970 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company's stock worth $1,270,428,000 after acquiring an additional 468,380 shares in the last quarter. Legal & General Group Plc raised its stake in Vertiv by 1.1% during the second quarter. Legal & General Group Plc now owns 2,138,967 shares of the company's stock valued at $716,169,000 after purchasing an additional 23,444 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Vertiv by 1.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company's stock valued at $678,890,000 after purchasing an additional 51,328 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Vertiv by 33.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company's stock valued at $604,059,000 after purchasing an additional 608,176 shares during the last quarter. Institutional investors own 89.92% of the company's stock.

Insider Buying and Selling

In other news, Director Edward Monser sold 15,287 shares of the company's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the sale, the director owned 16,500 shares of the company's stock, valued at $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have commented on VRT. The Goldman Sachs Group dropped their price objective on shares of Vertiv from $352.00 to $301.00 and set a "buy" rating for the company in a research note on Thursday, July 30th. Sanford C. Bernstein reissued an "outperform" rating on shares of Vertiv in a research note on Monday, September 28th. Oppenheimer reiterated an "outperform" rating and issued a $325.00 target price (down from $353.00) on shares of Vertiv in a research note on Thursday, July 30th. TD Cowen dropped their target price on shares of Vertiv from $387.00 to $356.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, HSBC decreased their price objective on Vertiv from $376.00 to $365.00 and set a "buy" rating for the company in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Vertiv presently has a consensus rating of "Moderate Buy" and a consensus price target of $335.67.

Vertiv Stock Down 1.4%

VRT stock opened at $203.12 on Wednesday. The company has a market capitalization of $78.20 billion, a P/E ratio of 45.95, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05. Vertiv Holdings Co. has a 12 month low of $147.82 and a 12 month high of $379.93. The firm's fifty day simple moving average is $252.84 and its 200-day simple moving average is $288.42. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. The business had revenue of $3.27 billion during the quarter, compared to analysts' expectations of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%. The company's revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, equities research analysts forecast that Vertiv Holdings Co. will post 6.71 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 14th. Vertiv's payout ratio is presently 5.66%.

About Vertiv

Vertiv Holdings Co NYSE: VRT designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company's offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.

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