Atika Capital Management LLC Acquires 134,149 Shares of Vertiv Holdings Co. $VRT

Key Points

• Atika Capital Management LLC increased its position in Vertiv Holdings Co. by 38.0%, now holding 487,100 shares valued at approximately $35.17 million, making it the firm's third-largest position.
• Research analysts have a consensus rating of "Moderate Buy" for Vertiv, with an average price target of $142.00, reflecting strong institutional interest and positive growth forecasts.
• Vertiv recently raised its dividend to $0.0375 per share, representing a significant yield increase from its previous dividend, as the company shows strong revenue growth in the latest earnings report.

Atika Capital Management LLC boosted its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 38.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 487,100 shares of the company's stock after acquiring an additional 134,149 shares during the quarter. Vertiv comprises about 4.9% of Atika Capital Management LLC's investment portfolio, making the stock its 3rd biggest holding. Atika Capital Management LLC owned 0.13% of Vertiv worth $35,169,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Ibex Wealth Advisors boosted its position in Vertiv by 10.5% during the first quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock worth $5,324,000 after purchasing an additional 6,989 shares during the period. Gallo Partners LP bought a new stake in Vertiv during the fourth quarter worth approximately $1,826,000. FengHe Fund Management Pte. Ltd. bought a new stake in Vertiv during the first quarter worth approximately $33,389,000. Viking Fund Management LLC boosted its position in Vertiv by 123.5% during the first quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock worth $2,744,000 after purchasing an additional 21,000 shares during the period. Finally, Outlook Wealth Advisors LLC bought a new stake in Vertiv during the first quarter worth approximately $475,000. 89.92% of the stock is currently owned by institutional investors.

Vertiv Trading Down 0.5%

VRT stock traded down $0.5830 during midday trading on Friday, reaching $125.9970. The stock had a trading volume of 5,613,599 shares, compared to its average volume of 7,845,569. The business has a fifty day simple moving average of $129.89 and a two-hundred day simple moving average of $105.74. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The firm has a market cap of $48.11 billion, a price-to-earnings ratio of 60.29, a PEG ratio of 1.12 and a beta of 1.77. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve 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 (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.12. The company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The company's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, research analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 26th. Stockholders of record on Tuesday, June 17th were paid a dividend of $0.0375 per share. The ex-dividend date was Monday, June 16th. This represents a dividend yield of 14.0%. This is an increase from Vertiv's previous dividend of $0.01. Vertiv's dividend payout ratio (DPR) is currently 7.18%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VRT. UBS Group increased their price objective on Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Morgan Stanley reissued an "overweight" rating on shares of Vertiv in a research report on Sunday, August 10th. Mizuho increased their price objective on Vertiv from $125.00 to $150.00 and gave the company an "outperform" rating in a research report on Wednesday, July 16th. Roth Capital increased their price objective on Vertiv from $100.00 to $157.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Finally, Melius raised Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective for the company in a research report on Tuesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company 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 company'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 transaction of $5,590,383.34. Following the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Stephen Liang sold 43,683 shares of the company's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $115.83, for a total value of $5,059,801.89. Following the sale, the executive vice president owned 9,551 shares in the company, valued at approximately $1,106,292.33. This represents a 82.06% decrease in their position. The disclosure for this sale can be found here. Corporate 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.