Gallacher Capital Management LLC Purchases New Shares in Vertiv Holdings Co. $VRT

Gallacher Capital Management LLC acquired a new position in Vertiv Holdings Co. (NYSE:VRT - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,000 shares of the company's stock, valued at approximately $257,000.

A number of other hedge funds have also recently modified their holdings of the business. Parallel Advisors LLC grew its position in shares of Vertiv by 21.0% in the 2nd quarter. Parallel Advisors LLC now owns 4,152 shares of the company's stock worth $533,000 after buying an additional 722 shares during the period. Peak Financial Advisors LLC purchased a new position in Vertiv during the 2nd quarter valued at about $560,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Vertiv by 68.6% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 762 shares of the company's stock worth $98,000 after acquiring an additional 310 shares in the last quarter. Trinity Financial Advisors LLC purchased a new stake in Vertiv in the second quarter worth about $531,000. Finally, Garde Capital Inc. increased its stake in shares of Vertiv by 1,886.7% during the second quarter. Garde Capital Inc. now owns 298 shares of the company's stock valued at $38,000 after purchasing an additional 283 shares in the last quarter. Institutional investors own 89.92% of the company's stock.

Vertiv Stock Performance

Shares of NYSE VRT opened at $138.55 on Tuesday. 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 Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84. The firm has a market capitalization of $52.91 billion, a price-to-earnings ratio of 66.29, a price-to-earnings-growth ratio of 1.19 and a beta of 1.78. The firm has a 50 day moving average of $131.97 and a 200 day moving average of $108.14.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.12. The business 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 company's revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, research analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

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

Insider Buying and Selling

In other news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the transaction, the director directly owned 4,631 shares of the company's stock, valued at $573,873.52. The trade was a 77.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider directly owned 12,803 shares of the company's stock, valued at $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock worth $23,360,571 over the last ninety days. 2.63% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Oppenheimer boosted their price target on Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. The Goldman Sachs Group reiterated a "buy" rating on shares of Vertiv in a research note on Friday, July 11th. Royal Bank Of Canada increased their target price on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Evercore ISI restated an "outperform" rating on shares of Vertiv in a report on Thursday, July 10th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Vertiv in a research note on Sunday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $142.00.

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.

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