Eos Management L.P. Buys Shares of 11,377 Vertiv Holdings Co. $VRT

Key Points

• Eos Management L.P. acquired 11,377 shares of Vertiv Holdings Co., valued at approximately $1.46 million, in the second quarter, as disclosed in a recent SEC filing.
• Analysts have a consensus rating of Moderate Buy for Vertiv, with an average target price of $160.30, reflecting strong performance and future expectations.
• Vertiv recently reported a 35.1% increase in quarterly revenue year-over-year, reaching $2.64 billion with an EPS of $0.95, surpassing analyst estimates.

Eos Management L.P. bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,377 shares of the company's stock, valued at approximately $1,461,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Mezzasalma Advisors LLC lifted its stake in shares of Vertiv by 5.4% in the 2nd quarter. Mezzasalma Advisors LLC now owns 23,436 shares of the company's stock worth $3,009,000 after purchasing an additional 1,194 shares during the period. Chicago Partners Investment Group LLC lifted its stake in shares of Vertiv by 19.3% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 4,988 shares of the company's stock worth $649,000 after purchasing an additional 806 shares during the period. Goldstein Advisors LLC bought a new position in shares of Vertiv in the 2nd quarter worth approximately $323,000. International Assets Investment Management LLC lifted its stake in shares of Vertiv by 10.6% in the 2nd quarter. International Assets Investment Management LLC now owns 10,302 shares of the company's stock worth $1,323,000 after purchasing an additional 989 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Vertiv in the 2nd quarter worth approximately $1,002,000. Institutional investors own 89.92% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Oppenheimer increased their price objective on shares of Vertiv from $151.00 to $190.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 14th. Zacks Research cut shares of Vertiv from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 2nd. Morgan Stanley reiterated an "overweight" rating on shares of Vertiv in a research note on Sunday, August 10th. Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective on the stock in a research note on Tuesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft set a $216.00 target price on shares of Vertiv and gave the stock a "buy" rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Vertiv presently has a consensus rating of "Moderate Buy" and an average target price of $160.30.

Vertiv Price Performance

NYSE VRT opened at $174.11 on Monday. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $184.44. The stock has a market cap of $66.49 billion, a price-to-earnings ratio of 83.31, a PEG ratio of 1.50 and a beta of 1.84. The company's 50 day moving average is $143.22 and its two-hundred day moving average is $120.52. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93.

Vertiv (NYSE:VRT - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. The company had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm's revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, 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 disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a dividend of $0.0375 per share. The ex-dividend date was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv's dividend payout ratio (DPR) is presently 7.18%.

Insider Activity at Vertiv

In other news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The shares were 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 in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction that occurred on 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 sale, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 180,952 shares of company stock worth $23,360,571. 5.01% of the stock is currently owned by corporate insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.