Vertiv Holdings Co. $VRT Shares Bought by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC has increased its stake in Vertiv Holdings Co. by 7.9%, owning over 1.38 million shares valued at approximately $96.9 million.
• Multiple analysts have raised their price targets for Vertiv, with UBS Group setting a new target of $173.00, reflecting strong optimism surrounding the company's future performance.
• Vertiv recently announced a quarterly dividend of $0.0375 per share, showcasing its financial commitment to shareholders despite insider transactions leading to a decrease in ownership by key executives.

AQR Capital Management LLC boosted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 7.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,384,113 shares of the company's stock after purchasing an additional 101,556 shares during the quarter. AQR Capital Management LLC owned about 0.36% of Vertiv worth $96,916,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Ibex Wealth Advisors lifted its stake in Vertiv by 10.5% in the first quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock worth $5,324,000 after acquiring an additional 6,989 shares during the period. FengHe Fund Management Pte. Ltd. acquired a new position in shares of Vertiv during the first quarter valued at about $33,389,000. Viking Fund Management LLC raised its holdings in shares of Vertiv by 123.5% in the first quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock worth $2,744,000 after buying an additional 21,000 shares during the last quarter. Outlook Wealth Advisors LLC purchased a new stake in Vertiv during the 1st quarter valued at about $475,000. Finally, Fox Run Management L.L.C. boosted its position in Vertiv by 449.9% in the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company's stock valued at $1,556,000 after buying an additional 17,627 shares during the last quarter. Institutional investors own 89.92% of the company's stock.

Vertiv Stock Performance

Vertiv stock traded down $1.68 during midday trading on Friday, hitting $124.02. 7,717,454 shares of the company's stock were exchanged, compared to its average volume of 5,678,286. The stock has a market cap of $47.36 billion, a price-to-earnings ratio of 59.34, a price-to-earnings-growth ratio of 1.09 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 firm's 50 day simple moving average is $131.26 and its 200 day simple moving average is $106.53. 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 (NYSE:VRT - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate 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 analysts' expectations of $2.36 billion. During the same quarter last year, the business earned $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 predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

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

Insider Buying and Selling

In other news, insider Karsten Winther sold 41,654 shares of the business'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 transaction, the insider 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Paul Ryan sold 22,218 shares of the company'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 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. This trade represents a 63.44% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 165,272 shares of company stock worth $21,417,505. 2.63% of the stock is owned by corporate insiders.

Analyst Ratings Changes

VRT has been the topic of a number of recent analyst reports. Evercore ISI reissued an "outperform" rating on shares of Vertiv in a report on Thursday, July 10th. Wolfe Research restated an "outperform" rating and issued a $155.00 price objective on shares of Vertiv in a report on Thursday, July 10th. Glj Research started coverage on Vertiv in a report on Tuesday, August 19th. They issued a "sell" rating and a $112.00 price target for the company. Bank of America boosted their target price on shares of Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a report on Thursday, July 17th. Finally, Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given 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, Vertiv presently has an average rating of "Moderate Buy" and a consensus price target of $142.00.

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.