Golden State Equity Partners Buys New Shares in Vertiv Holdings Co. $VRT

Key Points

• Golden State Equity Partners acquired a new stake in Vertiv Holdings Co., purchasing 1,790 shares valued at approximately $230,000 during the 2nd quarter.
• Vertiv reported a robust performance, with $2.64 billion in revenue for the quarter, surpassing expectations and showing a year-over-year increase of 35.1%.
• The company announced a quarterly dividend of $0.0375 per share, reflecting a 0.1% yield, to be paid on September 25th.

Golden State Equity Partners bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,790 shares of the company's stock, valued at approximately $230,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. CRA Financial Services LLC purchased a new position in Vertiv during the second quarter valued at $326,000. Kapitalo Investimentos Ltda lifted its position in Vertiv by 17.1% during the second quarter. Kapitalo Investimentos Ltda now owns 263,167 shares of the company's stock valued at $33,793,000 after purchasing an additional 38,500 shares in the last quarter. McGlone Suttner Wealth Management Inc. purchased a new position in Vertiv during the second quarter valued at $261,000. GAMMA Investing LLC lifted its position in Vertiv by 13.8% during the second quarter. GAMMA Investing LLC now owns 2,893 shares of the company's stock valued at $371,000 after purchasing an additional 351 shares in the last quarter. Finally, Clear Harbor Asset Management LLC lifted its position in Vertiv by 49.5% during the second quarter. Clear Harbor Asset Management LLC now owns 10,910 shares of the company's stock valued at $1,401,000 after purchasing an additional 3,610 shares in the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Vertiv Trading Down 6.0%

Shares of VRT stock opened at $142.79 on Wednesday. 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 50-day moving average price is $134.02 and its 200-day moving average price is $110.35. The stock has a market capitalization of $54.53 billion, a price-to-earnings ratio of 68.32, a price-to-earnings-growth ratio of 1.34 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. The business's revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

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

Insider Buying and Selling

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the business's stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the sale, the director directly owned 133,333 shares of the company's stock, valued at $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Karsten Winther sold 41,654 shares of the business'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 sale, the insider directly owned 18,848 shares in the company, valued at $2,529,590.08. The trade was a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 180,952 shares of company stock valued at $23,360,571. Insiders own 5.01% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on VRT shares. Redburn Atlantic upgraded Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Zacks Research upgraded Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. Glj Research started coverage on Vertiv in a research report on Tuesday, August 19th. They issued a "sell" rating and a $112.00 price objective on the stock. Melius upgraded Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective on the stock in a research report on Tuesday, July 8th. Finally, Rothschild & Co Redburn began coverage on Vertiv in a research report on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus 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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