Sunpointe LLC Makes New Investment in Vertiv Holdings Co. $VRT

Sunpointe LLC bought a new position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,503 shares of the company's stock, valued at approximately $321,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VRT. Vanguard Group Inc. lifted its holdings in shares of Vertiv by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock worth $2,723,034,000 after purchasing an additional 1,359,070 shares during the last quarter. Amundi increased its position in Vertiv by 96.8% in the first quarter. Amundi now owns 6,951,773 shares of the company's stock worth $469,490,000 after buying an additional 3,420,144 shares during the period. Fred Alger Management LLC lifted its stake in Vertiv by 19.6% in the first quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock valued at $252,416,000 after buying an additional 572,545 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Vertiv by 6.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock valued at $205,085,000 after acquiring an additional 182,937 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Vertiv by 54.1% during the fourth 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 acquiring an additional 812,389 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Vertiv

In related news, insider Karsten Winther sold 41,654 shares of Vertiv 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 transaction, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the company's stock in a transaction dated 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 sale, the director owned 4,631 shares of the company's stock, valued at $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 2.63% of the company's stock.

Vertiv Trading Up 0.1%

Vertiv stock opened at $136.79 on Thursday. The company has a 50 day moving average price of $132.35 and a 200 day moving average price of $108.53. 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 Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84. The firm has a market capitalization of $52.24 billion, a price-to-earnings ratio of 65.45, a P/E/G ratio of 1.21 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, topping 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 business's revenue for the quarter was up 35.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, September 15th will be paid a $0.0375 dividend. 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 presently 7.18%.

Analysts Set New Price Targets

A number of research firms recently weighed in on VRT. Barclays set a $128.00 price objective on shares of Vertiv and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Evercore ISI restated an "outperform" rating on shares of Vertiv in a research note on Thursday, July 10th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Vertiv in a report on Friday, July 11th. JPMorgan Chase & Co. increased their price objective on Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Finally, Melius Research upgraded 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 research report on Tuesday, July 8th. Two 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average 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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