Public Employees Retirement System of Ohio Purchases 42,169 Shares of Vertiv Holdings Co. $VRT

Key Points

• The Public Employees Retirement System of Ohio increased its stake in Vertiv Holdings Co. by 21.9%, acquiring an additional 42,169 shares, bringing its total ownership to 234,319 shares valued at approximately $30 million.
• Analysts have a consensus rating of "Moderate Buy" for Vertiv, with multiple firms upgrading their ratings, including Melius Research raising its price target from $134 to $165.
• Vertiv recently announced a quarterly dividend of $0.0375 per share, representing an annualized yield of 0.1%, with the ex-dividend date set for September 15th.

Public Employees Retirement System of Ohio grew its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 21.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 234,319 shares of the company's stock after buying an additional 42,169 shares during the period. Public Employees Retirement System of Ohio owned 0.06% of Vertiv worth $30,089,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VRT. Presidio Capital Management LLC boosted its stake in Vertiv by 1.3% in the 2nd quarter. Presidio Capital Management LLC now owns 6,010 shares of the company's stock worth $772,000 after purchasing an additional 80 shares in the last quarter. Cigna Investments Inc. New boosted its stake in Vertiv by 3.5% in the 2nd quarter. Cigna Investments Inc. New now owns 3,755 shares of the company's stock worth $482,000 after purchasing an additional 127 shares in the last quarter. Commerce Bank boosted its stake in Vertiv by 0.7% in the 1st quarter. Commerce Bank now owns 20,739 shares of the company's stock worth $1,497,000 after purchasing an additional 134 shares in the last quarter. TD Private Client Wealth LLC boosted 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 purchasing an additional 139 shares in the last quarter. Finally, Forum Financial Management LP boosted its stake in Vertiv by 5.4% in the 1st quarter. Forum Financial Management LP now owns 2,852 shares of the company's stock worth $206,000 after purchasing an additional 147 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on VRT shares. Redburn Atlantic upgraded shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. The Goldman Sachs Group reiterated a "buy" rating on shares of Vertiv in a research note on Friday, July 11th. Glj Research assumed coverage on shares of Vertiv in a research note on Tuesday, August 19th. They set a "sell" rating and a $112.00 price objective for the company. Melius Research upgraded shares of Vertiv from a "hold" rating to a "strong-buy" rating and lifted their price objective for the company from $134.00 to $165.00 in a research note on Tuesday, July 8th. Finally, Wall Street Zen upgraded shares of Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $142.00.

Vertiv Stock Performance

Shares of NYSE VRT opened at $141.76 on Thursday. 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 market cap of $54.13 billion, a price-to-earnings ratio of 67.83, a PEG ratio of 1.26 and a beta of 1.78. The company has a 50 day simple moving average of $134.35 and a two-hundred day simple moving average of $110.57. 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 posted its earnings results 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 analyst estimates of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business's quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, September 15th will be 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 is Monday, September 15th. Vertiv's payout ratio is 7.18%.

Insider Activity

In other news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the transaction, the director directly owned 4,631 shares of the company's stock, valued at $573,873.52. The trade was a 77.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the transaction, the insider directly owned 18,848 shares of the company's stock, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock valued at $23,360,571 in the last quarter. Company insiders own 2.63% of the company's stock.

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.

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