TigerOak Management L.L.C. Buys Shares of 2,286 Vertiv Holdings Co. $VRT

Key Points

• TigerOak Management L.L.C. acquired 2,286 shares of Vertiv Holdings Co. for approximately $294,000 in the second quarter, indicating institutional interest in the company.
• Analysts have set new price targets for Vertiv, with JPMorgan raising it from $127.00 to $150.00 and Royal Bank of Canada increasing theirs from $143.00 to $162.00, reflecting a generally optimistic outlook.
• Insider trading activity was significant, with Paul Ryan selling 22,218 shares and Jakki L. Haussler selling 15,680 shares, both resulting in substantial decreases in their ownership stakes.

TigerOak Management L.L.C. bought a new stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,286 shares of the company's stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VRT. GW&K Investment Management LLC bought a new stake in shares of Vertiv during the first quarter valued at approximately $26,000. SouthState Corp bought a new stake in shares of Vertiv during the first quarter valued at approximately $27,000. North Star Investment Management Corp. increased its position in shares of Vertiv by 4,120.0% during the first quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock valued at $30,000 after acquiring an additional 412 shares in the last quarter. Sachetta LLC increased its position in shares of Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after acquiring an additional 317 shares in the last quarter. Finally, Banque Transatlantique SA bought a new stake in shares of Vertiv during the first quarter valued at approximately $33,000. Institutional investors own 89.92% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Rothschild & Co Redburn assumed coverage on shares of Vertiv in a research report on Wednesday, August 20th. They set a "neutral" rating and a $135.00 price target for the company. JPMorgan Chase & Co. raised their price target on shares of Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. William Blair assumed coverage on shares of Vertiv in a research report on Monday, July 28th. They set an "outperform" rating for the company. Royal Bank Of Canada raised their price target on shares of Vertiv from $143.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Finally, Oppenheimer raised their price target on shares of Vertiv from $140.00 to $151.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Two investment 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 currently has an average rating of "Moderate Buy" and an average target price of $142.00.

Insider Buying and Selling at Vertiv

In other news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the transaction, the insider owned 12,803 shares in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the transaction, the director owned 4,631 shares in the company, valued at $573,873.52. This represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by insiders.

Vertiv Trading Down 0.6%

Shares of VRT stock opened at $141.76 on Thursday. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month 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 firm's 50 day moving average is $134.35 and its 200 day moving average is $110.57. The stock has a market capitalization of $54.13 billion, a P/E ratio of 67.83, a P/E/G ratio of 1.26 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last issued its earnings results 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 company had revenue of $2.64 billion for 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 firm's quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the company posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, September 15th will be paid 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 is Monday, September 15th. Vertiv's dividend payout ratio (DPR) is currently 7.18%.

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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