Nicola Wealth Management LTD. Acquires New Stake in Vertiv Holdings Co. $VRT

Key Points

• Nicola Wealth Management LTD. acquired a new stake in Vertiv Holdings Co., purchasing 16,000 shares valued at approximately $1,155,000.
• Vertiv reported quarterly earnings of $0.95 EPS, exceeding analysts’ estimates, and had a revenue increase of 35.1% year-over-year.
• The company recently announced a quarterly dividend of $0.0375 per share, with an annualized dividend yield of 0.1%.

Nicola Wealth Management LTD. acquired a new stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 16,000 shares of the company's stock, valued at approximately $1,155,000.

Other large investors have also made changes to their positions in the company. Ibex Wealth Advisors lifted its position in Vertiv by 10.5% during the first quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock worth $5,324,000 after buying an additional 6,989 shares during the period. FengHe Fund Management Pte. Ltd. purchased a new position in Vertiv during the first quarter worth about $33,389,000. Viking Fund Management LLC lifted its position in Vertiv by 123.5% during the first quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock worth $2,744,000 after buying an additional 21,000 shares during the period. Outlook Wealth Advisors LLC purchased a new position in Vertiv during the first quarter worth about $475,000. Finally, Fox Run Management L.L.C. lifted its position in Vertiv by 449.9% during the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company's stock worth $1,556,000 after buying an additional 17,627 shares during the period. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Stock Performance

Vertiv stock opened at $135.51 on Friday. The stock's 50-day moving average is $131.59 and its 200-day moving average is $107.36. The company has a market cap of $51.75 billion, a price-to-earnings ratio of 64.84, a price-to-earnings-growth ratio of 1.21 and a beta of 1.78. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $155.84.

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

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, September 15th will be paid a $0.0375 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv's dividend payout ratio (DPR) is 7.18%.

Insider Buying and Selling

In other news, insider Paul Ryan sold 22,218 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the sale, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction dated 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 owned 4,631 shares of the company's stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock worth $23,360,571 in the last ninety days. 2.63% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on VRT shares. Barclays set a $128.00 target price on Vertiv and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. UBS Group increased their target price on Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. The Goldman Sachs Group reiterated a "buy" rating on shares of Vertiv in a research report on Friday, July 11th. Morgan Stanley reiterated an "overweight" rating on shares of Vertiv in a research report on Sunday, August 10th. Finally, Bank of America increased their target price on Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $142.00.

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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