1832 Asset Management L.P. Buys 2,089,612 Shares of Vertiv Holdings Co. $VRT

1832 Asset Management L.P. grew its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 985.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,301,700 shares of the company’s stock after buying an additional 2,089,612 shares during the quarter. 1832 Asset Management L.P. owned approximately 0.60% of Vertiv worth $166,183,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VRT. Ibex Wealth Advisors lifted 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 worth $5,324,000 after purchasing an additional 6,989 shares during the period. Gallo Partners LP acquired a new position in shares of Vertiv during the fourth quarter valued at about $1,826,000. FengHe Fund Management Pte. Ltd. acquired a new position in shares of Vertiv during the first quarter valued at about $33,389,000. Viking Fund Management LLC increased its position in shares of Vertiv by 123.5% during the first quarter. Viking Fund Management LLC now owns 38,000 shares of the company’s stock worth $2,744,000 after acquiring an additional 21,000 shares in the last quarter. Finally, Outlook Wealth Advisors LLC acquired a new stake in shares of Vertiv in the 1st quarter worth about $475,000. Institutional investors own 89.92% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Stephen Liang sold 43,683 shares of Vertiv stock in a transaction on Friday, June 6th. The shares were 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 of the company’s stock, valued at approximately $1,106,292.33. The trade was a 82.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction on Thursday, August 14th. The stock was 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 $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. Insiders own 2.63% of the company’s stock.

Vertiv Stock Down 0.6%

Shares of NYSE:VRT opened at $126.7460 on Friday. The firm has a fifty day moving average price of $129.58 and a two-hundred day moving average price of $105.64. 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 one year low of $53.60 and a one year high of $155.84. The company 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) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the previous year, the firm posted $0.67 EPS. The firm’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. Analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 26th. Stockholders of record on Tuesday, June 17th were issued a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a dividend yield of 14.0%. This is an increase from Vertiv’s previous dividend of $0.01. Vertiv’s payout ratio is presently 7.18%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Melius upgraded shares of Vertiv from a “hold” rating to a “buy” rating and set a $165.00 target price on the stock in a report on Tuesday, July 8th. Glj Research began coverage on shares of Vertiv in a research report on Tuesday. They set a “sell” rating and a $112.00 target price for the company. Melius Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating and increased their target price for the company from $134.00 to $165.00 in a research report on Tuesday, July 8th. Mizuho raised their price objective on shares of Vertiv from $125.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, July 16th. Finally, Wall Street Zen raised shares of Vertiv from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus 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.