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

Key Points

• 1832 Asset Management L.P. increased its stake in Vertiv Holdings Co. by 985.3%, acquiring 2,089,612 shares, bringing its total ownership to approximately $166.2 million.
• Insiders have significantly reduced their holdings, with EVP Stephen Liang and other executives each selling over 40,000 shares, indicating a major decrease in their positions.
• Vertiv recently reported strong quarterly earnings, with $2.64 billion in revenue and earnings per share exceeding estimates, leading some analysts to upgrade the stock to a "strong-buy" rating.

1832 Asset Management L.P. grew its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 985.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,301,700 shares of the company's stock after purchasing an additional 2,089,612 shares during the quarter. 1832 Asset Management L.P. owned approximately 0.60% of Vertiv worth $166,183,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Focus Partners Advisor Solutions LLC raised its stake in shares of Vertiv by 3.1% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 3,226 shares of the company's stock valued at $367,000 after purchasing an additional 97 shares during the period. Utah Retirement Systems raised its stake in shares of Vertiv by 0.3% during the 4th quarter. Utah Retirement Systems now owns 39,300 shares of the company's stock valued at $4,465,000 after purchasing an additional 100 shares during the period. Wahed Invest LLC raised its stake in shares of Vertiv by 1.2% during the 4th quarter. Wahed Invest LLC now owns 8,798 shares of the company's stock valued at $1,000,000 after purchasing an additional 105 shares during the period. Ellevest Inc. raised its stake in shares of Vertiv by 5.9% during the 4th quarter. Ellevest Inc. now owns 2,393 shares of the company's stock valued at $272,000 after purchasing an additional 133 shares during the period. Finally, Commerce Bank raised its stake in shares of Vertiv by 0.7% during the 1st quarter. Commerce Bank now owns 20,739 shares of the company's stock valued at $1,497,000 after purchasing an additional 134 shares during the period. Institutional investors own 89.92% of the company's stock.

Insider Transactions at Vertiv

In other 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 value of $5,059,801.89. Following the completion of the sale, the executive vice president 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 the business's stock in a transaction dated Thursday, August 14th. The shares were 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 approximately $2,529,590.08. This trade represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.63% of the company's stock.

Vertiv Price Performance

Shares of VRT traded down $0.5830 during midday trading on Friday, reaching $125.9970. The stock had a trading volume of 5,613,599 shares, compared to its average volume of 7,845,569. The company's 50-day moving average is $129.89 and its 200 day moving average is $105.65. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $48.11 billion, a price-to-earnings ratio of 60.29, a price-to-earnings-growth ratio of 1.11 and a beta of 1.77.

Vertiv (NYSE:VRT - Get Free Report) 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 return on equity of 51.64% and a net margin of 8.93%.The firm had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.36 billion. During the same period in the prior year, the business earned $0.67 EPS. The company's revenue for the quarter 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 predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

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

Wall Street Analyst Weigh In

Several research firms recently commented on VRT. Morgan Stanley restated an "overweight" rating on shares of Vertiv in a research report on Sunday, August 10th. Barclays set a $128.00 target price on Vertiv and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Zacks Research upgraded Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. Glj Research began coverage on Vertiv in a research report on Tuesday. They set a "sell" rating and a $112.00 target price for the company. Finally, Redburn Atlantic upgraded Vertiv to a "hold" rating in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

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.