OFI Invest Asset Management Cuts Stake in Vertiv Holdings Co. $VRT

Key Points

• OFI Invest Asset Management reduced its stake in Vertiv Holdings Co. by 22.8% in Q2, selling 90,258 shares and now owns about 0.08% of the company, valued at $39.3 million.
• Insider trading activity included a significant sale by Karsten Winther, who sold 41,654 shares for over $5.5 million, reducing his ownership by 68.85%.
• Several analysts have raised price targets for Vertiv, with Melius Research increasing its target from $134 to $165, reflecting a strong consensus rating for the stock.

OFI Invest Asset Management reduced its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 22.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 306,280 shares of the company's stock after selling 90,258 shares during the quarter. OFI Invest Asset Management owned about 0.08% of Vertiv worth $39,329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Presidio Capital Management LLC grew its holdings in Vertiv by 1.3% during the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company's stock valued at $772,000 after buying an additional 80 shares in the last quarter. Grandview Asset Management LLC grew its holdings in Vertiv by 2.8% during the 2nd quarter. Grandview Asset Management LLC now owns 3,536 shares of the company's stock valued at $454,000 after buying an additional 96 shares in the last quarter. Ameriflex Group Inc. grew its holdings in Vertiv by 14.9% during the 2nd quarter. Ameriflex Group Inc. now owns 770 shares of the company's stock valued at $95,000 after buying an additional 100 shares in the last quarter. Cigna Investments Inc. New grew its holdings in Vertiv by 3.5% during the 2nd quarter. Cigna Investments Inc. New now owns 3,755 shares of the company's stock valued at $482,000 after buying an additional 127 shares in the last quarter. Finally, Commerce Bank grew its holdings in Vertiv by 0.7% during the 1st quarter. Commerce Bank now owns 20,739 shares of the company's stock valued at $1,497,000 after buying an additional 134 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Karsten Winther sold 41,654 shares of the business's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the sale, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the sale, the director owned 4,631 shares in the company, valued at $573,873.52. The trade was 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 over the last ninety days. Insiders own 2.63% of the company's stock.

Analysts Set New Price Targets

VRT has been the subject of a number of recent research reports. Melius Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating and raised their target price for the company from $134.00 to $165.00 in a report on Tuesday, July 8th. Evercore ISI raised their target price on shares of Vertiv from $165.00 to $180.00 and gave the company an "outperform" rating in a report on Monday, October 6th. Morgan Stanley reissued an "overweight" rating on shares of Vertiv in a report on Sunday, August 10th. Rothschild & Co Redburn initiated coverage on shares of Vertiv in a report on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 target price for the company. Finally, The Goldman Sachs Group set a $159.00 target price on shares of Vertiv in a report on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $149.84.

Vertiv Stock Up 0.1%

NYSE:VRT opened at $169.09 on Friday. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $183.11. The company has a market cap of $64.57 billion, a price-to-earnings ratio of 80.90, a price-to-earnings-growth ratio of 1.48 and a beta of 1.84. The stock has a fifty day simple moving average of $139.45 and a 200-day simple moving average of $116.61. 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 (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.12. The firm had revenue of $2.64 billion during 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 firm's quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv's payout ratio is 7.18%.

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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