Amundi Acquires 3,420,144 Shares of Vertiv Holdings Co. $VRT

Key Points

• Amundi significantly increased its stake in Vertiv Holdings Co. by 96.8%, owning 6,951,773 shares valued at approximately $469.49 million as of the latest quarterly filing.
• Analyst ratings for Vertiv show a consensus of "Moderate Buy" with a target price of $142.00, alongside a mix of ratings, including two "Strong Buy" and one "Sell."
• Vertiv recently announced a quarterly dividend of $0.0375 per share, translating to an annual yield of 0.1%, with the next payout scheduled for September 25th.

Amundi boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 96.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,951,773 shares of the company's stock after buying an additional 3,420,144 shares during the quarter. Amundi owned approximately 1.82% of Vertiv worth $469,490,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Colonial Trust Co SC raised its stake in Vertiv by 211.9% during the 4th quarter. Colonial Trust Co SC now owns 315 shares of the company's stock worth $36,000 after acquiring an additional 214 shares during the period. Ameriflex Group Inc. bought a new stake in Vertiv during the 4th quarter worth approximately $37,000. GW&K Investment Management LLC bought a new stake in Vertiv during the 1st quarter worth approximately $26,000. SouthState Corp bought a new stake in Vertiv during the 1st quarter worth approximately $27,000. Finally, North Star Investment Management Corp. raised its stake in Vertiv by 4,120.0% during the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after acquiring an additional 412 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on VRT shares. The Goldman Sachs Group restated a "buy" rating on shares of Vertiv in a research note on Friday, July 11th. Barclays set a $128.00 target price on shares of Vertiv and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Royal Bank Of Canada upped their price target on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. UBS Group upped their price target on Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, Redburn Atlantic upgraded Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $142.00.

Insider Activity

In other news, insider Paul Ryan sold 22,218 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the sale, the insider directly owned 12,803 shares of the company's stock, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 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. The trade was a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 165,272 shares of company stock valued at $21,417,505 in the last ninety days. Insiders own 2.63% of the company's stock.

Vertiv Price Performance

NYSE:VRT traded down $1.68 during trading hours on Friday, reaching $124.02. The stock had a trading volume of 7,717,454 shares, compared to its average volume of 5,678,286. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84. The company has a 50 day moving average price of $131.26 and a two-hundred day moving average price of $106.53. The stock has a market capitalization of $47.36 billion, a PE ratio of 59.34, a PEG ratio of 1.09 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last released 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 business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the company posted $0.67 EPS. The company's revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

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

Vertiv Company 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.