Sen. Angus S. King Jr. Purchases Shares of Vertiv Holdings Co. (NYSE:VRT)

Key Points

• Senator Angus S. King Jr. purchased shares of Vertiv Holdings Co. (NYSE:VRT), investing between $1,001 and $15,000, as disclosed in a filing on August 18th.
• Vertiv reported a strong quarterly earnings performance, with earnings per share of $0.95, exceeding analyst estimates, and a significant year-over-year revenue increase of 35.1%.
• The company recently declared a dividend of $0.0375, marking an increase from its previous dividend of $0.01, resulting in a dividend yield of 14.0%.

Senator Angus S. King Jr. (I-Maine) recently bought shares of Vertiv Holdings Co. NYSE: VRT. In a filing disclosed on August 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in Vertiv stock on July 21st.

Senator Angus S. King Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 7/21/2025.

Vertiv Stock Down 0.6%

Shares of Vertiv stock opened at $126.7460 on Friday. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $155.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. The company has a 50-day moving average of $129.58 and a 200 day moving average of $105.64. The firm has a market cap of $48.40 billion, a price-to-earnings ratio of 60.64, a PEG ratio of 1.13 and a beta of 1.77.

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 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 quarter in the prior year, the company earned $0.67 earnings per share. The business'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. As a group, sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 26th. Investors of record on Tuesday, June 17th were paid a $0.0375 dividend. This represents a dividend yield of 14.0%. The ex-dividend date was Monday, June 16th. This is a positive change from Vertiv's previous dividend of $0.01. Vertiv's dividend payout ratio (DPR) is 7.18%.

Hedge Funds Weigh In On Vertiv

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Ibex Wealth Advisors raised its holdings in shares of Vertiv by 10.5% during the first quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock valued at $5,324,000 after purchasing an additional 6,989 shares during the last quarter. Gallo Partners LP bought a new stake in Vertiv in the 4th quarter worth approximately $1,826,000. FengHe Fund Management Pte. Ltd. bought a new stake in Vertiv in the 1st quarter worth approximately $33,389,000. Viking Fund Management LLC raised its stake in Vertiv by 123.5% during the 1st quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock valued at $2,744,000 after buying an additional 21,000 shares during the last quarter. Finally, Outlook Wealth Advisors LLC bought a new position in shares of Vertiv during the 1st quarter valued at $475,000. Institutional investors own 89.92% of the company's stock.

Insiders Place Their Bets

In other Vertiv news, EVP Stephen Liang sold 43,683 shares of the business's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the completion of the sale, the executive vice president directly owned 9,551 shares in the company, valued at $1,106,292.33. The trade was a 82.06% decrease in their position. The transaction 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 company's 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 sale, the insider directly owned 18,848 shares of the company's stock, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. William Blair started coverage on Vertiv in a research report on Monday, July 28th. They set an "outperform" rating for the company. Cowen reissued a "buy" rating on shares of Vertiv in a research note on Thursday, April 24th. Royal Bank Of Canada lifted their price target on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Rothschild & Co Redburn initiated coverage on shares of Vertiv in a research report on Wednesday. They set a "neutral" rating and a $135.00 price objective on the stock. Finally, Melius Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating and lifted their target price for the stock from $134.00 to $165.00 in a report on Tuesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Vertiv currently has an average rating of "Moderate Buy" and an average price target of $142.00.

About Senator King

Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031. King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.

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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