Petrus Trust Company LTA Invests $486,000 in Vertiv Holdings Co. $VRT

Key Points

• Petrus Trust Company LTA has acquired a stake in Vertiv Holdings Co. by purchasing 6,725 shares valued at approximately $486,000.
• Insider sales have been significant, with insider Karsten Winther selling 41,654 shares for over $5.5 million, resulting in a 68.85% decrease in their ownership.
• Vertiv recently reported strong earnings, with a 35.1% year-over-year revenue increase, and has announced a quarterly dividend of $0.0375 per share.

Petrus Trust Company LTA bought a new stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm bought 6,725 shares of the company's stock, valued at approximately $486,000.

Several other institutional investors have also recently bought and sold shares of VRT. Vanguard Group Inc. boosted its holdings in Vertiv by 3.7% during the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares during the period. Amundi lifted 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. Dimensional Fund Advisors LP boosted its stake in Vertiv by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock valued at $205,085,000 after purchasing an additional 182,937 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Vertiv by 54.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock valued at $263,000,000 after purchasing an additional 812,389 shares during the period. Finally, 1832 Asset Management L.P. grew its holdings in Vertiv by 985.3% in the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock valued at $166,183,000 after buying an additional 2,089,612 shares during the last quarter. Institutional investors own 89.92% of the company's stock.

Insider Buying and Selling at Vertiv

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the sale, the director directly owned 133,333 shares of the company's stock, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction that occurred 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 transaction, the insider owned 18,848 shares of the company's stock, valued at $2,529,590.08. This trade represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 165,272 shares of company stock valued at $21,417,505. 5.01% of the stock is currently owned by corporate insiders.

Vertiv Stock Performance

VRT stock traded down $1.68 during midday trading on Friday, hitting $124.02. The stock had a trading volume of 7,717,454 shares, compared to its average volume of 5,877,568. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The stock has a 50-day simple moving average of $131.26 and a 200 day simple moving average of $106.53. The firm has a market capitalization of $47.36 billion, a price-to-earnings ratio of 37.13, a P/E/G ratio of 1.09 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business's revenue was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.0375 per share. 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 dividend payout ratio (DPR) is currently 7.18%.

Analyst Ratings Changes

A number of research analysts have recently commented on VRT shares. Royal Bank Of Canada upped their price target on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. UBS Group boosted their target price on shares of Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Roth Capital boosted their target price on shares of Vertiv from $100.00 to $157.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 target price for the company in a research note on Tuesday, July 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Two research 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

Vertiv 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.