Paloma Partners Management Co Invests $1.62 Million in Vertiv Holdings Co. $VRT

Key Points

• Paloma Partners Management Co acquired 22,500 shares of Vertiv Holdings Co, valued at approximately $1.62 million, indicating increasing institutional interest in the company.
• Vertiv's stock is currently down 4.9%, with a 12-month range between a low of $53.60 and a high of $155.84, and it has a market cap of $48.76 billion.
• The company recently announced a dividend increase from $0.01 to $0.0375 per share, reflecting a dividend yield of 14.0% and a low payout ratio of 7.18%.

Paloma Partners Management Co acquired a new position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 22,500 shares of the company's stock, valued at approximately $1,624,000.

A number of other large investors also recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC boosted its position in Vertiv by 3.1% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 3,226 shares of the company's stock valued at $367,000 after buying an additional 97 shares during the period. Ellevest Inc. lifted its position in Vertiv by 5.9% during the 4th quarter. Ellevest Inc. now owns 2,393 shares of the company's stock worth $272,000 after acquiring an additional 133 shares during the period. Commerce Bank boosted its holdings in shares of Vertiv by 0.7% in the first quarter. Commerce Bank now owns 20,739 shares of the company's stock valued at $1,497,000 after acquiring an additional 134 shares in the last quarter. TD Private Client Wealth LLC grew its holdings in Vertiv by 37.5% during the first quarter. TD Private Client Wealth LLC now owns 510 shares of the company's stock worth $37,000 after acquiring an additional 139 shares during the period. Finally, Forum Financial Management LP lifted its position in shares of Vertiv by 5.4% during the 1st quarter. Forum Financial Management LP now owns 2,852 shares of the company's stock valued at $206,000 after acquiring an additional 147 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VRT. Mizuho raised their price objective on shares of Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 16th. Evercore ISI restated an "outperform" rating on shares of Vertiv in a research note on Thursday, July 10th. Oppenheimer boosted their price objective on shares of Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Citigroup lifted their price target on shares of Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Finally, Zacks Research upgraded Vertiv to a "strong-buy" rating in a report on Monday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Vertiv presently has a consensus rating of "Moderate Buy" and a consensus price target of $142.00.

Insider Buying and Selling

In other news, insider Karsten Winther sold 41,654 shares of the business's stock in a transaction on Thursday, August 14th. The shares were 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 in the company, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Stephen Liang sold 43,683 shares of the business's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the completion of the transaction, the executive vice president owned 9,551 shares in the company, valued at approximately $1,106,292.33. This trade represents a 82.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 208,955 shares of company stock worth $26,477,307 in the last quarter. Corporate insiders own 5.01% of the company's stock.

Vertiv Stock Up 1.3%

Shares of VRT stock traded up $1.55 on Wednesday, reaching $125.56. 4,034,738 shares of the company's stock traded hands, compared to its average volume of 5,560,951. The business's 50 day moving average price is $131.22 and its two-hundred day moving average price is $106.18. The company has a market capitalization of $47.95 billion, a P/E ratio of 38.19, a price-to-earnings-growth ratio of 1.13 and a beta of 1.78. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.12. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. Vertiv's revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter last year, the firm earned $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 Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 26th. Investors of record on Tuesday, June 17th were given a $0.0375 dividend. This represents a yield of 14.0%. This is a boost from Vertiv's previous dividend of $0.01. The ex-dividend date of this dividend was Monday, June 16th. Vertiv's dividend payout ratio (DPR) is currently 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.