Vertiv Holdings Co. $VRT Shares Purchased by Phoenix Financial Ltd.

Key Points

• Phoenix Financial Ltd. dramatically increased its holdings in Vertiv Holdings Co. by 1,162.9% in the second quarter, now owning 46,726 shares valued at approximately $5.98 million.
• Vertiv reported $0.95 EPS for the last quarter, surpassing estimates, with quarterly revenue reaching $2.64 billion, up 35.1% year-over-year.
• The company recently announced a quarterly dividend of $0.0375 per share, yielding 0.1%, with an ex-dividend date of September 15th.

Phoenix Financial Ltd. lifted its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 1,162.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,726 shares of the company's stock after acquiring an additional 43,026 shares during the period. Phoenix Financial Ltd.'s holdings in Vertiv were worth $5,975,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. DekaBank Deutsche Girozentrale increased its position in shares of Vertiv by 7.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 644,854 shares of the company's stock worth $83,118,000 after acquiring an additional 43,916 shares in the last quarter. Bogart Wealth LLC increased its position in shares of Vertiv by 22.9% in the second quarter. Bogart Wealth LLC now owns 1,472 shares of the company's stock worth $189,000 after acquiring an additional 274 shares in the last quarter. Lyell Wealth Management LP increased its position in shares of Vertiv by 41.6% in the second quarter. Lyell Wealth Management LP now owns 105,062 shares of the company's stock worth $13,491,000 after acquiring an additional 30,860 shares in the last quarter. Stephens Inc. AR increased its position in shares of Vertiv by 5.3% in the second quarter. Stephens Inc. AR now owns 50,261 shares of the company's stock worth $6,454,000 after acquiring an additional 2,536 shares in the last quarter. Finally, Balboa Wealth Partners increased its position in shares of Vertiv by 5.4% in the second quarter. Balboa Wealth Partners now owns 30,982 shares of the company's stock worth $3,978,000 after acquiring an additional 1,574 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Price Performance

Shares of VRT stock opened at $175.90 on Tuesday. The firm has a market cap of $67.17 billion, a P/E ratio of 84.16, a P/E/G ratio of 1.50 and a beta of 1.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $184.44. The firm has a fifty day moving average of $143.94 and a two-hundred day moving average of $121.34.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share 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 net margin of 8.93% and a return on equity of 51.64%. The firm's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period last year, the business earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, research analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv's dividend payout ratio (DPR) is currently 7.18%.

Insider Activity at Vertiv

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the transaction, the insider directly owned 18,848 shares of the company's stock, 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 Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the firm's stock in a transaction 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 transaction, the director directly owned 133,333 shares of the company's stock, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock valued at $23,360,571 in the last 90 days. 5.01% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on VRT. JPMorgan Chase & Co. increased their price objective on shares of Vertiv from $150.00 to $206.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 15th. Cfra Research raised shares of Vertiv to a "moderate buy" rating in a report on Tuesday, October 7th. Melius raised shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target for the company in a report on Tuesday, July 8th. Rothschild & Co Redburn initiated coverage on shares of Vertiv in a report on Wednesday, August 20th. They set a "neutral" rating and a $135.00 price target for the company. Finally, Roth Capital reaffirmed a "buy" rating and set a $162.00 price target on shares of Vertiv in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $161.30.

Vertiv Company 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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