Lecap Asset Management Ltd. Has $218,000 Stock Position in Vertiv Holdings Co. $VRT

Key Points

• Lecap Asset Management Ltd. significantly reduced its stake in Vertiv Holdings Co. by 94.9%, now holding only 1,696 shares valued at $218,000.
• In the second quarter, several institutional investors increased their positions in Vertiv, contributing to a total of 89.92% of the company's stock held by such entities.
• Vertiv's recent earnings report showed $0.95 EPS for the quarter, exceeding analyst expectations, with a revenue growth of 35.1% year-over-year.

Lecap Asset Management Ltd. decreased its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 94.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,696 shares of the company's stock after selling 31,501 shares during the quarter. Lecap Asset Management Ltd.'s holdings in Vertiv were worth $218,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Presidio Capital Management LLC boosted its position in shares of Vertiv by 1.3% in the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company's stock valued at $772,000 after purchasing an additional 80 shares during the period. Grandview Asset Management LLC boosted its position in shares of Vertiv by 2.8% in the 2nd quarter. Grandview Asset Management LLC now owns 3,536 shares of the company's stock valued at $454,000 after purchasing an additional 96 shares during the period. Cigna Investments Inc. New boosted its position in shares of Vertiv by 3.5% in the 2nd quarter. Cigna Investments Inc. New now owns 3,755 shares of the company's stock valued at $482,000 after purchasing an additional 127 shares during the period. Commerce Bank boosted its position in shares of Vertiv by 0.7% in the 1st quarter. Commerce Bank now owns 20,739 shares of the company's stock valued at $1,497,000 after purchasing an additional 134 shares during the period. Finally, TD Private Client Wealth LLC lifted its stake in Vertiv by 37.5% in the 1st quarter. TD Private Client Wealth LLC now owns 510 shares of the company's stock worth $37,000 after acquiring an additional 139 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Stock Performance

VRT opened at $160.45 on Friday. The firm has a market capitalization of $61.27 billion, a P/E ratio of 76.77, a price-to-earnings-growth ratio of 1.42 and a beta of 1.84. The stock's 50 day moving average price is $137.27 and its two-hundred day moving average price is $113.78. 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 Holdings Co. has a 12-month low of $53.60 and a 12-month high of $168.99.

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

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv's dividend payout ratio (DPR) is presently 7.18%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. The Goldman Sachs Group set a $159.00 price objective on Vertiv in a research note on Monday, September 29th. Melius raised Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective for the company in a research note on Tuesday, July 8th. Roth Capital reissued a "buy" rating and issued a $162.00 price objective on shares of Vertiv in a research note on Thursday, September 25th. Rothschild & Co Redburn assumed coverage on Vertiv in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 price objective for the company. Finally, Rothschild Redb raised Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $144.95.

Insider Transactions at Vertiv

In related news, insider Karsten Winther sold 41,654 shares of the business's stock in a transaction 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 owned 18,848 shares of the company's stock, valued at $2,529,590.08. The trade was a 68.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the sale, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock worth $23,360,571 over the last quarter. 2.63% of the stock is owned by company insiders.

About Vertiv

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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