Vertiv Holdings Co. $VRT Stock Position Raised by Clear Harbor Asset Management LLC

Key Points

• Clear Harbor Asset Management LLC increased its holdings in Vertiv Holdings Co. by 49.5% during Q2, now owning 10,910 shares valued at approximately $1.4 million.
• Despite recent insider sales, where significant shares were offloaded, institutional investors still hold about 89.92% of Vertiv's stock.
• Vertiv reported a 35.1% year-over-year revenue increase in its last quarter, with an EPS beating estimates by $0.12.

Clear Harbor Asset Management LLC lifted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 49.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,910 shares of the company's stock after buying an additional 3,610 shares during the period. Clear Harbor Asset Management LLC's holdings in Vertiv were worth $1,401,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VRT. GW&K Investment Management LLC bought a new stake in shares of Vertiv during the 1st quarter valued at about $26,000. SouthState Corp bought a new position in Vertiv in the 1st quarter worth about $27,000. North Star Investment Management Corp. grew its position in Vertiv by 4,120.0% in the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after purchasing an additional 412 shares during the last quarter. Sachetta LLC grew its position in Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company's stock worth $32,000 after purchasing an additional 317 shares during the last quarter. Finally, Banque Transatlantique SA bought a new position in Vertiv in the 1st quarter worth about $33,000. Institutional investors own 89.92% of the company's stock.

Insider Activity

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the 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 completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the sale, the insider owned 12,803 shares of the company's stock, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock worth $23,360,571 in the last quarter. Insiders own 5.01% of the company's stock.

Vertiv Stock Up 5.7%

Shares of NYSE:VRT opened at $151.72 on Tuesday. 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 market cap of $57.94 billion, a PE ratio of 72.59, a price-to-earnings-growth ratio of 1.27 and a beta of 1.78. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84. The firm has a 50 day simple moving average of $133.72 and a 200 day simple moving average of $110.13.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.83 by $0.12. The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the firm 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 earnings per share for the current year.

Vertiv Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on VRT shares. Morgan Stanley restated an "overweight" rating on shares of Vertiv in a research report on Sunday, August 10th. Rothschild Redb upgraded shares of Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Roth Capital upped their target price on shares of Vertiv from $100.00 to $157.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Redburn Atlantic upgraded shares of Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Finally, Melius Research upgraded shares of Vertiv from a "hold" rating to a "strong-buy" rating and upped their target price for the stock from $134.00 to $165.00 in a research report on Tuesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Vertiv presently has an average rating of "Moderate Buy" and an average target price of $142.00.

About Vertiv

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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