Aberdeen Group plc Grows Stock Holdings in Vertiv Holdings Co. $VRT

Key Points

• Aberdeen Group plc significantly increased its holdings in Vertiv Holdings Co. by 173.6%, owning 217,592 shares worth approximately $15.4 million as of the latest reporting period.
• Vertiv recently declared a dividend of $0.0375 per share, yielding 14.0%, up from a previous dividend of $0.01, with a payout ratio of 7.18%.
• Despite a 5.0% decrease in stock price, Vertiv reported strong quarterly earnings, with revenue up 35.1% year-over-year and earnings per share surpassing estimates.

Aberdeen Group plc lifted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 173.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 217,592 shares of the company's stock after buying an additional 138,049 shares during the period. Aberdeen Group plc owned approximately 0.06% of Vertiv worth $15,419,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after purchasing an additional 1,359,070 shares during the period. Nuveen LLC acquired a new stake in Vertiv in the first quarter valued at about $77,820,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Vertiv by 54.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock valued at $263,000,000 after purchasing an additional 812,389 shares during the period. Northern Trust Corp lifted its position in Vertiv by 21.9% in the fourth quarter. Northern Trust Corp now owns 2,713,234 shares of the company's stock valued at $308,251,000 after purchasing an additional 487,909 shares during the period. Finally, Voloridge Investment Management LLC lifted its position in Vertiv by 370.7% in the fourth quarter. Voloridge Investment Management LLC now owns 607,384 shares of the company's stock valued at $69,005,000 after purchasing an additional 478,350 shares during the period. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Price Performance

Shares of VRT stock traded down $1.6740 during midday trading on Wednesday, reaching $127.3760. 8,220,048 shares of the company traded hands, compared to its average volume of 9,258,352. The firm's 50 day simple moving average is $129.00 and its two-hundred day simple moving average is $105.39. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year 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 market cap of $48.64 billion, a PE ratio of 60.95, a price-to-earnings-growth ratio of 1.20 and a beta of 1.77.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating 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 last year, the firm earned $0.67 EPS. The company'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, equities research analysts expect 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. Investors of record on Tuesday, June 17th were given a dividend of $0.0375 per share. The ex-dividend date 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%.

Insider Activity at Vertiv

In related news, EVP Stephen Liang sold 43,683 shares of Vertiv stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the completion of the transaction, the executive vice president directly owned 9,551 shares in the company, valued at $1,106,292.33. The trade was a 82.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Karsten Winther sold 41,654 shares of Vertiv 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 transaction, the insider 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 5.01% of the company's stock.

Wall Street Analyst Weigh In

VRT has been the subject of a number of recent analyst reports. Roth Capital raised their price objective on shares of Vertiv from $100.00 to $157.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Mizuho raised their price objective on shares of Vertiv from $125.00 to $150.00 and gave the company an "outperform" rating in a research report on Wednesday, July 16th. Morgan Stanley restated an "overweight" rating on shares of Vertiv in a research report on Sunday, August 10th. Wolfe Research restated an "outperform" rating and issued a $155.00 price objective on shares of Vertiv in a research report on Thursday, July 10th. Finally, Rothschild & Co Redburn began coverage on shares of Vertiv in a research report on Wednesday. They set a "neutral" rating and a $135.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, 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.