Vertiv Holdings Co. $VRT Shares Acquired by Banco Bilbao Vizcaya Argentaria S.A.

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Vertiv Holdings Co. by 55%, acquiring 36,163 shares for a total value of approximately $7.3 million.
• In recent trading activities, several insiders sold significant portions of their stock, including EVP Stephen Liang, who sold 43,683 shares, representing an 82.06% decrease in ownership.
• Analysts give Vertiv a consensus rating of "Moderate Buy" with a target price of around $142, while the company's recent earnings report showed revenue growth of 35.1% year-over-year.

Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 55.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 101,941 shares of the company's stock after acquiring an additional 36,163 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Vertiv were worth $7,324,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Colonial Trust Co SC lifted its stake in Vertiv by 211.9% during the 4th quarter. Colonial Trust Co SC now owns 315 shares of the company's stock valued at $36,000 after acquiring an additional 214 shares during the period. Ameriflex Group Inc. acquired a new stake in Vertiv during the 4th quarter valued at approximately $37,000. GW&K Investment Management LLC acquired a new position in shares of Vertiv in the 1st quarter valued at $26,000. SouthState Corp acquired a new position in shares of Vertiv in the 1st quarter valued at $27,000. Finally, BNP Paribas acquired a new position in shares of Vertiv in the 4th quarter valued at $45,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Stephen Liang sold 43,683 shares of the company's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the completion of the sale, the executive vice president owned 9,551 shares of the company's stock, valued at $1,106,292.33. This represents a 82.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Karsten Winther sold 41,654 shares of the company's stock in a transaction 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 directly owned 18,848 shares of the company's stock, valued at $2,529,590.08. The trade was a 68.85% decrease in their position. The disclosure for this sale can be found here. 2.63% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VRT. Glj Research began coverage on shares of Vertiv in a research note on Tuesday. They issued a "sell" rating and a $112.00 target price for the company. William Blair began coverage on shares of Vertiv in a research note on Monday, July 28th. They issued an "outperform" rating for the company. Wall Street Zen upgraded shares of Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st. Rothschild & Co Redburn began coverage on shares of Vertiv in a research note on Wednesday. They issued a "neutral" rating and a $135.00 target price for the company. Finally, Melius Research upgraded shares of Vertiv from a "hold" rating to a "strong-buy" rating and boosted their target price for the company from $134.00 to $165.00 in a research note on Tuesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Stock Performance

NYSE:VRT opened at $127.3760 on Thursday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The company has a fifty day moving average of $129.34 and a two-hundred day moving average of $105.54. The stock has a market capitalization of $48.64 billion, a PE ratio of 60.95, a P/E/G ratio of 1.14 and a beta of 1.77. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $155.84.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping 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 firm'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 posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 26th. Stockholders of record on Tuesday, June 17th were issued a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, June 16th. This is a positive change from Vertiv's previous dividend of $0.01. This represents a dividend yield of 14.0%. Vertiv's payout ratio 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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