Ieq Capital LLC Sells 4,857 Shares of Vertiv Holdings Co. $VRT

Key Points

• Ieq Capital LLC reduced its stake in Vertiv Holdings Co. by 11.9%, selling 4,857 shares, and now holds 36,027 shares valued at approximately $2.6 million.
• Director Steven Reinemund sold 100,000 shares of Vertiv, marking a 42.86% decrease in his position, while total insider sales reached over $26 million in the last 90 days.
• Analysts have a consensus rating of "Moderate Buy" on Vertiv stock, with price targets increasing from $130.00 to as high as $151.00 by various firms.

Ieq Capital LLC reduced its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 11.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,027 shares of the company's stock after selling 4,857 shares during the period. Ieq Capital LLC's holdings in Vertiv were worth $2,601,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VRT. 1832 Asset Management L.P. boosted its holdings in shares of Vertiv by 985.3% during the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock worth $166,183,000 after purchasing an additional 2,089,612 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Vertiv by 3.7% during the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock worth $2,723,034,000 after purchasing an additional 1,359,070 shares during the period. Nuveen LLC purchased a new stake in shares of Vertiv during the first quarter worth about $77,820,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Vertiv by 54.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock worth $263,000,000 after purchasing an additional 812,389 shares during the period. Finally, Voloridge Investment Management LLC boosted its holdings in shares of Vertiv by 370.7% during the fourth quarter. Voloridge Investment Management LLC now owns 607,384 shares of the company's stock worth $69,005,000 after purchasing an additional 478,350 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Rothschild Redb upgraded shares of Vertiv to a "hold" rating in a report on Wednesday, August 20th. Oppenheimer increased their price target on shares of Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Zacks Research raised shares of Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. Glj Research began coverage on shares of Vertiv in a research note on Tuesday, August 19th. They issued a "sell" rating and a $112.00 price target for the company. Finally, Mizuho increased their price target on shares of Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 16th. 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 stock. According to data from MarketBeat, Vertiv presently has an average rating of "Moderate Buy" and a consensus target price of $142.00.

Vertiv Stock Down 4.9%

Shares of NYSE VRT traded down $6.53 on Friday, reaching $127.70. 6,363,320 shares of the company's stock traded hands, compared to its average volume of 5,898,191. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $155.84. The business's 50 day simple moving average is $130.96 and its two-hundred day simple moving average is $105.92. The company has a market cap of $48.76 billion, a price-to-earnings ratio of 61.10, a price-to-earnings-growth ratio of 1.13 and a beta of 1.78. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93.

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

Vertiv Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 26th. Shareholders of record on Tuesday, June 17th were paid a dividend of $0.0375 per share. This is a positive change from Vertiv's previous dividend of $0.01. This represents a dividend yield of 14.0%. The ex-dividend date of this dividend was Monday, June 16th. Vertiv's payout ratio is 7.18%.

Insider Buying and Selling at Vertiv

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the firm's 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 completion of the transaction, the insider owned 18,848 shares of the company's stock, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven Reinemund sold 100,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were 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. This trade represents a 42.86% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 208,955 shares of company stock worth $26,477,307 over the last three months. Company insiders own 5.01% of the company's stock.

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.