Vertiv Holdings Co. $VRT Shares Acquired by Cooperman Leon G

Key Points

• Cooperman Leon G has increased its holdings in Vertiv Holdings Co. by 2.8%, now owning 2,157,789 shares valued at approximately $155.79 million, which constitutes about 6.2% of its investment portfolio.
• Multiple large institutional investors have acquired new stakes or significantly increased their positions in Vertiv, leading to institutional ownership reaching nearly 90% of the company's stock.
• Vertiv's stock was recently upgraded by several brokerages, with a consensus rating of "Moderate Buy" and an average price target of $142.00.

Cooperman Leon G increased its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 2.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,157,789 shares of the company's stock after purchasing an additional 57,789 shares during the period. Vertiv makes up approximately 6.2% of Cooperman Leon G's holdings, making the stock its 4th biggest position. Cooperman Leon G owned 0.57% of Vertiv worth $155,792,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VRT. Vanguard Group Inc. lifted its stake in Vertiv by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares during the period. Dimensional Fund Advisors LP lifted its stake in Vertiv by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock valued at $205,085,000 after acquiring an additional 182,937 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Vertiv by 54.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock valued at $263,000,000 after acquiring an additional 812,389 shares during the period. 1832 Asset Management L.P. lifted its stake in Vertiv by 985.3% during the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock valued at $166,183,000 after acquiring an additional 2,089,612 shares during the period. Finally, New South Capital Management Inc. lifted its stake in Vertiv by 1.7% during the 1st quarter. New South Capital Management Inc. now owns 2,110,392 shares of the company's stock valued at $152,370,000 after acquiring an additional 34,643 shares during the period. Institutional investors own 89.92% of the company's stock.

Insider Buying and Selling at Vertiv

In related news, Director Steven Reinemund sold 100,000 shares of the stock in a transaction that occurred on 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 transaction, the director owned 133,333 shares in the company, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Karsten Winther sold 41,654 shares of the company's stock in a transaction that occurred on Thursday, August 14th. The stock was 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 owned 18,848 shares in the company, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 208,955 shares of company stock worth $26,477,307 in the last 90 days. Corporate insiders own 2.63% of the company's stock.

Vertiv Trading Down 0.0%

Shares of VRT traded down $0.01 during trading hours on Thursday, reaching $125.59. 4,597,451 shares of the company traded hands, compared to its average volume of 9,043,570. The firm has a market cap of $47.96 billion, a price-to-earnings ratio of 60.09, a PEG ratio of 1.13 and a beta of 1.78. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The stock's fifty day moving average price is $131.30 and its 200 day moving average price is $106.32.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. The company had revenue of $2.64 billion during 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%. The firm's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, September 15th will be issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv's dividend payout ratio is 7.18%.

Wall Street Analysts Forecast Growth

VRT has been the topic of several research analyst reports. Zacks Research upgraded shares of Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. The Goldman Sachs Group restated a "buy" rating on shares of Vertiv in a research note on Friday, July 11th. Bank of America upped their target price on shares of Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Mizuho upped their price target on shares of Vertiv from $125.00 to $150.00 and gave the company an "outperform" rating in a research report on Wednesday, July 16th. Finally, UBS Group upped their price target on shares of Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Vertiv currently has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

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.