King Luther Capital Management Corp Grows Stake in Vertiv Holdings Co. $VRT

Key Points

• King Luther Capital Management boosted its Vertiv stake by 116.4% in the fourth quarter, ending with 88,617 shares valued at about $14.36 million.
• Vertiv reported strong quarterly results, with EPS of $1.17 versus estimates of $1.00 and revenue of $2.65 billion, up 30.1% year over year.
• Despite the bullish operating picture, company insiders sold shares recently, including directors Edward L. Monser and Roger Fradin, while analysts currently rate the stock a Moderate Buy on average.

King Luther Capital Management Corp increased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 116.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,617 shares of the company's stock after purchasing an additional 47,662 shares during the quarter. King Luther Capital Management Corp's holdings in Vertiv were worth $14,357,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VRT. Park Place Capital Corp grew its holdings in Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company's stock valued at $29,000 after buying an additional 156 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Vertiv during the 4th quarter valued at approximately $29,000. Cullen Frost Bankers Inc. grew its holdings in Vertiv by 98.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company's stock valued at $30,000 after buying an additional 93 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Vertiv during the 3rd quarter valued at approximately $30,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new position in Vertiv during the 3rd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 89.92% of the company's stock.

Insider Activity at Vertiv

In related news, Director Edward L. Monser sold 77,294 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the completion of the sale, the director directly owned 16,500 shares of the company's stock, valued at approximately $4,050,585. This trade represents a 82.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Roger Fradin sold 101,666 shares of the firm's stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $252.13, for a total value of $25,633,048.58. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by company insiders.

Vertiv Price Performance

NYSE:VRT opened at $319.77 on Thursday. The firm has a market capitalization of $122.83 billion, a price-to-earnings ratio of 80.34, a PEG ratio of 1.40 and a beta of 2.09. Vertiv Holdings Co. has a 1 year low of $104.71 and a 1 year high of $379.93. The business has a 50 day simple moving average of $304.01 and a 200-day simple moving average of $233.17. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company's revenue for the quarter was up 30.1% on a year-over-year basis. During the same period last year, the company earned $0.64 EPS. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Equities analysts forecast that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv's dividend payout ratio (DPR) is presently 6.28%.

Analyst Upgrades and Downgrades

VRT has been the subject of several research analyst reports. Wall Street Zen cut Vertiv from a "strong-buy" rating to a "buy" rating in a report on Sunday, May 10th. HSBC initiated coverage on Vertiv in a report on Wednesday, March 25th. They set a "buy" rating and a $325.00 price target for the company. Mizuho set a $380.00 price target on Vertiv in a report on Thursday, May 21st. Oppenheimer raised their price target on Vertiv from $330.00 to $353.00 and gave the company an "outperform" rating in a report on Thursday, May 21st. Finally, Loop Capital initiated coverage on Vertiv in a research note on Thursday, May 14th. They issued a "buy" rating and a $500.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $322.32.

Vertiv Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company's product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.

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