SCS Capital Management LLC Invests $328,000 in Vertiv Holdings Co. $VRT

Key Points

• SCS Capital Management LLC has acquired 4,546 shares of Vertiv Holdings Co., valued at approximately $328,000, marking a significant investment in the company's stock.
• Multiple hedge funds significantly increased their holdings in Vertiv during the fourth quarter, with Focus Partners Wealth raising its position by 428.1% to own over 27,000 shares.
• Vertiv's latest quarterly earnings report showed a 35.1% year-over-year revenue increase, reporting $2.64 billion and exceeding analysts' expectations.

SCS Capital Management LLC bought a new position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) during the first quarter, according to its most recent filing with the SEC. The fund bought 4,546 shares of the company's stock, valued at approximately $328,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Focus Partners Advisor Solutions LLC increased its stake in shares of Vertiv by 3.1% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 3,226 shares of the company's stock worth $367,000 after purchasing an additional 97 shares in the last quarter. 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. TD Private Client Wealth LLC lifted its holdings in Vertiv by 37.5% during the 1st quarter. TD Private Client Wealth LLC now owns 510 shares of the company's stock worth $37,000 after purchasing an additional 139 shares in the last quarter. Forum Financial Management LP boosted its stake in Vertiv by 5.4% in the 1st quarter. Forum Financial Management LP now owns 2,852 shares of the company's stock worth $206,000 after purchasing an additional 147 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in Vertiv by 30.6% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 768 shares of the company's stock valued at $55,000 after buying an additional 180 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VRT has been the topic of a number of analyst reports. Bank of America upped their target price on shares of Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 17th. Oppenheimer upped their price target on shares of Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Morgan Stanley reissued an "overweight" rating on shares of Vertiv in a research note on Sunday, August 10th. Melius upgraded Vertiv from a "hold" rating to a "buy" rating and set a $165.00 target price on the stock in a research note on Tuesday, July 8th. Finally, UBS Group lifted their price target on Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Vertiv has a consensus rating of "Moderate Buy" and an average price target of $142.00.

Insider Buying and Selling at Vertiv

In related news, insider Karsten Winther sold 41,654 shares of the firm'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 completion of the sale, the insider owned 18,848 shares of the company's stock, valued at $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Paul Ryan sold 22,218 shares of the business's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the transaction, the insider directly owned 12,803 shares of the company's stock, valued at $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock worth $23,360,571 in the last ninety days. 2.63% of the stock is owned by company insiders.

Vertiv Trading Down 0.6%

VRT traded down $0.81 during trading on Friday, hitting $134.90. 4,063,625 shares of the stock traded hands, compared to its average volume of 6,334,653. The firm has a market capitalization of $51.51 billion, a P/E ratio of 64.55, a price-to-earnings-growth ratio of 1.20 and a beta of 1.78. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month 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 firm has a 50-day moving average of $131.73 and a 200 day moving average of $107.66.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $2.36 billion. During the same quarter last year, the business posted $0.67 EPS. The business's revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, September 15th will be paid a dividend of $0.0375 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv's payout ratio is presently 7.18%.

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.