Interchange Capital Partners LLC trimmed its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 75.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,043 shares of the company's stock after selling 3,126 shares during the period. Interchange Capital Partners LLC's holdings in Vertiv were worth $134,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in VRT. GW&K Investment Management LLC acquired a new stake in Vertiv during the 1st quarter valued at $26,000. SouthState Corp bought a new position in Vertiv during the 1st quarter valued at $27,000. North Star Investment Management Corp. boosted its stake in Vertiv by 4,120.0% during the 1st 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 during the last quarter. Sachetta LLC boosted its stake in Vertiv by 242.0% during the 1st quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after acquiring an additional 317 shares during the last quarter. Finally, Banque Transatlantique SA bought a new position in Vertiv during the 1st quarter valued at $33,000. 89.92% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
VRT has been the topic of a number of research analyst reports. The Goldman Sachs Group set a $159.00 price objective on shares of Vertiv in a research note on Monday, September 29th. Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective on the stock in a research note on Tuesday, July 8th. Cfra Research upgraded shares of Vertiv to a "moderate buy" rating in a research note on Tuesday, October 7th. Melius Research upgraded shares of Vertiv from a "hold" rating to a "strong-buy" rating and increased their price objective for the company from $134.00 to $165.00 in a research note on Tuesday, July 8th. Finally, Oppenheimer increased their price objective on shares of Vertiv from $151.00 to $190.00 and gave the company an "outperform" rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $155.10.
Get Our Latest Analysis on VRT
Insider Activity
In related news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the sale, the insider directly 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 document filed with the SEC, which is available through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 180,952 shares of company stock valued at $23,360,571. 5.01% of the stock is owned by company insiders.
Vertiv Trading Down 2.2%
Vertiv stock opened at $174.99 on Wednesday. The firm's 50-day moving average is $140.96 and its 200-day moving average is $118.02. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $184.44. The company has a market cap of $66.82 billion, a P/E ratio of 83.73, a PEG ratio of 1.57 and a beta of 1.84.
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 analysts' consensus estimates of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the firm posted $0.67 EPS. The company's revenue for the quarter was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.
Vertiv Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were given a $0.0375 dividend. The ex-dividend date was Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv's dividend payout ratio (DPR) is currently 7.18%.
Vertiv Profile
(
Free Report)
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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