Kingstone Capital Partners Texas LLC Takes Position in Vertiv Holdings Co. $VRT

Key Points

• Kingstone Capital Partners Texas LLC has acquired a new stake in Vertiv Holdings Co., purchasing 48,336 shares valued at approximately $6.2 million in the second quarter.
• Multiple institutional investors, including Vanguard Group Inc. and Amundi, have increased their holdings in Vertiv, with 89.92% of the stock now owned by institutional investors and hedge funds.
• Vertiv's recent quarterly earnings surpassed expectations, with a reported $0.95 EPS and revenue of $2.64 billion, reflecting a 35.1% year-over-year increase.

Kingstone Capital Partners Texas LLC purchased a new stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 48,336 shares of the company's stock, valued at approximately $6,207,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Vertiv by 3.7% during the 1st 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 last quarter. Amundi raised its position in shares of Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock worth $469,490,000 after purchasing an additional 3,420,144 shares during the last quarter. Fred Alger Management LLC raised its position in shares of Vertiv by 19.6% during the 1st quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock worth $252,416,000 after purchasing an additional 572,545 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Vertiv by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock worth $205,085,000 after purchasing an additional 182,937 shares during the last quarter. Finally, 1832 Asset Management L.P. raised its position in shares of Vertiv by 985.3% during the 1st 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 last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the business's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the transaction, the director owned 133,333 shares in the company, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction on 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 completion of the transaction, the director owned 4,631 shares in the company, valued at $573,873.52. This represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by corporate insiders.

Vertiv Stock Up 1.4%

Shares of Vertiv stock opened at $143.99 on Friday. The company has a fifty day moving average price of $133.18 and a 200 day moving average price of $109.47. 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 twelve month low of $53.60 and a twelve month high of $155.84. The stock has a market cap of $54.99 billion, a price-to-earnings ratio of 68.90, a price-to-earnings-growth ratio of 1.27 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping 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 firm had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.36 billion. During the same period in the prior year, the company earned $0.67 EPS. The firm's revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be issued 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 payout ratio is currently 7.18%.

Wall Street Analyst Weigh In

VRT has been the subject of several research reports. Citigroup lifted their price objective on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Wolfe Research restated an "outperform" rating and set a $155.00 price objective on shares of Vertiv in a research report on Thursday, July 10th. JPMorgan Chase & Co. lifted their price objective on Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Roth Capital lifted their target price on shares of Vertiv from $100.00 to $157.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. Finally, Rothschild Redb raised shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Vertiv has an average rating of "Moderate Buy" and an average target price 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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