Whittier Trust Co. Purchases 2,929 Shares of Vertiv Holdings Co. $VRT

Key Points

• Whittier Trust Co. increased its stake in Vertiv Holdings Co. by 2.2%, now owning 138,702 shares valued at approximately $17.81 million.
• Analysts have set new price targets for Vertiv, with prices ranging from $161.30 to $198.00, indicating a generally positive outlook with multiple "buy" ratings.
• Vertiv recently reported earnings of $0.95 per share, exceeding estimates, and announced a $0.0375 quarterly dividend, reflecting continued financial growth.

Whittier Trust Co. lifted its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 138,702 shares of the company's stock after purchasing an additional 2,929 shares during the period. Whittier Trust Co.'s holdings in Vertiv were worth $17,811,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GW&K Investment Management LLC purchased a new stake in Vertiv in the 1st quarter valued at about $26,000. SouthState Corp purchased a new stake in Vertiv in the 1st quarter valued at about $27,000. Sachetta LLC boosted its position in Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after buying an additional 317 shares during the period. Banque Transatlantique SA purchased a new stake in Vertiv in the 1st quarter valued at about $33,000. Finally, DiNuzzo Private Wealth Inc. boosted its position in Vertiv by 780.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company's stock valued at $34,000 after buying an additional 234 shares during the period. Institutional investors own 89.92% of the company's stock.

Analysts Set New Price Targets

VRT has been the subject of several research reports. UBS Group boosted their price objective on shares of Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Roth Capital reiterated a "buy" rating and set a $162.00 target price on shares of Vertiv in a report on Thursday, September 25th. Mizuho increased their target price on shares of Vertiv from $165.00 to $198.00 and gave the stock an "outperform" rating in a report on Friday. Citigroup increased their target price on shares of Vertiv from $167.00 to $192.00 and gave the stock a "buy" rating in a report on Thursday, October 9th. Finally, Oppenheimer increased their target price on shares of Vertiv from $151.00 to $190.00 and gave the stock an "outperform" rating in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vertiv presently has an average rating of "Moderate Buy" and a consensus price target of $161.30.

Vertiv Stock Up 1.1%

NYSE:VRT opened at $175.90 on Tuesday. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $184.44. The stock has a market capitalization 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 quick ratio of 1.35 and a current ratio of 1.74. The company's 50-day simple moving average is $143.94 and its 200-day simple moving average is $121.34.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating 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 business had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. During the same period last year, the business earned $0.67 EPS. The company's revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities 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. Investors of record on Monday, September 15th were given a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv's dividend payout ratio (DPR) is presently 7.18%.

Insider Activity at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director directly owned 4,631 shares of the company's stock, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 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. The trade was a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 5.01% of the company's stock.

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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