Vertiv Holdings Co. $VRT Shares Purchased by Nissay Asset Management Corp Japan ADV

Key Points

• Nissay Asset Management Corp Japan ADV increased its holdings in Vertiv Holdings Co. by 5.0%, owning 45,064 shares valued at approximately $3.25 million at the end of the first quarter.
• Insider Karsten Winther sold 41,654 shares for over $5.5 million, marking a significant decrease in ownership of 68.85%, while Director Steven Reinemund sold 100,000 shares for around $12.8 million, a 42.86% decrease in his stake.
• Vertiv reported a quarterly earnings per share of $0.95, surpassing expectations, with revenue of $2.64 billion for the quarter, reflecting a 35.1% increase compared to the previous year.

Nissay Asset Management Corp Japan ADV increased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 5.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,064 shares of the company's stock after acquiring an additional 2,162 shares during the quarter. Nissay Asset Management Corp Japan ADV's holdings in Vertiv were worth $3,254,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In other Vertiv news, 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 value of $5,590,383.34. Following the transaction, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares in the company, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 165,272 shares of company stock worth $21,417,505. 5.01% of the stock is owned by insiders.

Vertiv Trading Down 1.3%

Vertiv stock opened at $124.02 on Monday. 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 firm has a market cap of $47.36 billion, a price-to-earnings ratio of 59.34, a price-to-earnings-growth ratio of 1.09 and a beta of 1.78. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $155.84. The firm's 50 day moving average price is $131.26 and its two-hundred day moving average price is $106.54.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly 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 firm had revenue of $2.64 billion for 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 firm's quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be given a $0.0375 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv's payout ratio is 7.18%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Rothschild & Co Redburn assumed coverage on shares of Vertiv in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 price target on the stock. Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target on the stock in a research note on Tuesday, July 8th. 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 note on Thursday, July 31st. Roth Capital raised their price target on shares of Vertiv from $100.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Finally, Bank of America raised their price objective on shares of Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Vertiv has a consensus rating of "Moderate Buy" and an average target price of $142.00.

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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