Blue Grotto Capital LLC Acquires Shares of 240,000 Vertiv Holdings Co. $VRT

Blue Grotto Capital LLC bought a new stake in Vertiv Holdings Co. (NYSE:VRT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 240,000 shares of the company’s stock, valued at approximately $30,818,000. Vertiv accounts for approximately 3.7% of Blue Grotto Capital LLC’s investment portfolio, making the stock its 11th largest holding. Blue Grotto Capital LLC owned approximately 0.06% of Vertiv at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. SouthState Corp acquired a new stake in shares of Vertiv in the 1st quarter valued at approximately $27,000. Avion Wealth increased its stake in shares of Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after purchasing an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A purchased a new position in Vertiv during the second quarter worth $32,000. Banque Transatlantique SA purchased a new stake in Vertiv during the 1st quarter worth about $33,000. Finally, DiNuzzo Private Wealth Inc. boosted its stake in shares of Vertiv by 780.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after purchasing an additional 234 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on VRT shares. Roth Capital reissued a “buy” rating and set a $195.00 price target (up previously from $162.00) on shares of Vertiv in a research note on Tuesday, October 21st. Redburn Atlantic upgraded Vertiv to a “hold” rating in a report on Wednesday, August 20th. TD Cowen boosted their price objective on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Oppenheimer increased their target price on Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Finally, KGI Securities raised Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $180.48.

Vertiv Trading Down 9.8%

VRT opened at $161.14 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. The stock has a market capitalization of $61.61 billion, a PE ratio of 60.81, a P/E/G ratio of 1.44 and a beta of 2.03. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $202.45. The firm’s fifty day moving average price is $177.10 and its 200 day moving average price is $145.97.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same period in the previous year, the business earned $0.76 EPS. The business’s quarterly revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, research analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be given a $0.0625 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $0.25 annualized dividend and a yield of 0.2%. This is a boost from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s payout ratio is 9.43%.

Insider Activity

In related news, EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the sale, the executive vice president directly owned 4,050 shares in the company, valued at $690,444. This trade represents a 57.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.63% of the company’s stock.

Vertiv Profile

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.