Almanack Investment Partners LLC. Sells 344 Shares of Vertiv Holdings Co. $VRT

Almanack Investment Partners LLC. lessened its stake in Vertiv Holdings Co. (NYSE:VRTFree Report) by 10.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,943 shares of the company’s stock after selling 344 shares during the period. Almanack Investment Partners LLC.’s holdings in Vertiv were worth $378,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

VRT has been the topic of several research analyst reports. Wolfe Research restated an “outperform” rating and set a $155.00 target price on shares of Vertiv in a research report on Thursday, July 10th. The Goldman Sachs Group set a $159.00 target price on Vertiv in a research report on Monday, September 29th. Evercore ISI upped their target price on Vertiv from $165.00 to $180.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Mizuho upped their target price on Vertiv from $125.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, July 16th. Finally, William Blair assumed coverage on Vertiv in a research report on Monday, July 28th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $149.84.

Get Our Latest Stock Report on Vertiv

Insider Buying and Selling

In other news, insider Karsten Winther sold 41,654 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was 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 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 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 the stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the sale, the director directly owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 180,952 shares of company stock valued at $23,360,571. 5.01% of the stock is owned by company insiders.

Vertiv Stock Up 0.1%

VRT stock opened at $169.09 on Monday. The stock’s 50 day simple moving average is $139.45 and its 200 day simple moving average is $116.89. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $183.11. 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 $64.57 billion, a P/E ratio of 80.90, a price-to-earnings-growth ratio of 1.48 and a beta of 1.84.

Vertiv (NYSE:VRTGet Free Report) last posted its quarterly earnings results 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 return on equity of 51.64% and a net margin of 8.93%.The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the prior year, the business earned $0.67 EPS. The firm’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, research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were paid a $0.0375 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is 7.18%.

Vertiv Company 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.

See Also

Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRTFree Report).

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

Receive News & Ratings for Vertiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertiv and related companies with MarketBeat.com's FREE daily email newsletter.